Some interesting currency moves today

[Wd40]

Okie, I went googling and realized my figure was outdated . So a 4 % ballpark seems to be more realistic. Goes to show how hard it is to predict the market. I apologize for the misleading info. Anway, I am never the one to crunch numbers. Take it with a grain of salt from me.

http://www.marketwatch.com/story/john-b ... 2015-11-05

I don't quite agree with the statement "invest we must, for cash yields virtually nothing and inflation erodes returns".

This particular statement is what has made people take excessive risk. We could actually be in a situation where cash remains static and all other risk assets crash, if interest rates go up significantly, for whatever reason. Bonds will crash, stocks will crash. Cash will be king.

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[JR8]

No matter, there you go
Interesting Bogle headlining with 'You won't make much money from stocks'. I think it's a bit broader these days, 'you won't make much money from anything'. But you have to laugh, he's chopped his own forecast from 7% to 4%, which when the outlier possibilities are about 7.5-2.5%, is going some.
It makes it scary when you have to build and plan on the worst case; say income as 4% on assets..... hmm

[earthfriendly]

After a good night's sleep, I woke up to the information I posted yesterday. It kindof sink in this morning. 4% seems anemic and a bit depressing . I am going to be poorer (then I had imagine) due to poorer rate of return. And it made me feel poorer. But then I realize, I am not the only one. All you earthling out there will experience the same. You wealth will not grow at a higher and faster rate then mine . We are all in the same boat. That makes me feel better and wealthier now.

[Barnsley]

After a good night's sleep, I woke up to the information I posted yesterday. It kindof sink in this morning. 4% seems anemic and a bit depressing . I am going to be poorer (then I had imagine) due to poorer rate of return. And it made me feel poorer. But then I realize, I am not the only one. All you earthling out there will experience the same. You wealth will not grow at a higher and faster rate then mine . We are all in the same boat. That makes me feel better and wealthier now.

You need to get on with living life mate!!

[Wd40]

Any currency predictions for 2016?

Right now SGD, AUD and CAD are all at close to parity with each. It will be interesting to see where these will end up by the end of this year.

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[Wd40]

http://www.businessinsider.com/australi ... 16-2015-12

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[earthfriendly]

Awwww...... the satire. Why does he have a bandaid under his eye ?

http://finance.yahoo.com/news/bill-gros ... 21604.html

[Wd40]

Shocking! SGD is now 1.44 to the USD!

[ecureilx]

Shocking! SGD is now 1.44 to the USD!

How did that happen ?

[JR8]

Shocking! SGD is now 1.44 to the USD!

How did that happen ?

Hasn't been there since 5/+ years?...
One factor we know is the US$ interest rate is on a upward trajectory so the currency will have already been appreciating for quite a while.
That alone might be it, but if it applied that the S$ aligns itself more closely with the Chinese RMB, than the US$ (don't know, but it might make sense if you consider major trading partners), then what with China deflating at speed the S$ peg will be heading south too. That added to the effect of rising US rates would be a double-whammy.

[Primrose Hill]

Any currency predictions for 2016?

Right now SGD, AUD and CAD are all at close to parity with each. It will be interesting to see where these will end up by the end of this year.

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Yes, OMG crazy

[Wd40]

This round, the Japanese Yen and Euro are strong. The GBP is falling it is at 1.44 to USD, haven't seen it so low in a long time.

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[Barnsley]

This round, the Japanese Yen and Euro are strong. The GBP is falling it is at 1.44 to USD, haven't seen it so low in a long time.

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Yeh , pound got smashed today ....

good for trip back next month!!

[Primrose Hill]

everything is getting smashed. FTSE, oil, currency. cash is king?

[Strong Eagle]

everything is getting smashed. FTSE, oil, currency. cash is king?

USA cash is king... but not very good for USA exporters.