fn9. the currency exchange

it's only a little while i did take a breather from writing, or from pasting on photo to be exact, and i have already feeling lost of rhythm.  i have to get it back real quick or else i would not be doing it anymore.  not that i have nothing to tell but recently i have been busy with all the worldly things.  not a very good approach to life, but sometime i have to focus on one thing at a time.
going back to what i want to tell about, well currently the currency exchange rate have gone wild to the liking of exporters but i don't export anything so my liking is towards stronger ringgit instead.  so when i compare japanese yen (or en, as written in japanese) i cannot help feeling unlucky or a feel of real bad timing. as of today, 10th march 2016, the yen is hovering at around rm36.850 for every 1000 yen.

compare this to the first time i checked on the rate on the 30th january 2015 which was at rm30.850 (quite sometime ago i know).  

 

that's a real drop of rm6 for every 1000yen.  if i want to go to japan now, bringing 100000 yen for a week stay, i would have to fork out some rm600 extra.  that is the cost of a month's food supply for the whole family.  that's why i say it is really unlucky. 
whose fault is this?
i know, you have read and heard enough so you make your own conclusion.

FN8. Continue Chasing The GOLD

We cannot stop chasing can we.  Some of us even chase ghost, but I rather chase gold but not the type of gold to wear on my neck. 

This is actually more theory than practical cause even if I write as if I want to buy plenty of gold, the reality is still the same amount of gold I have in my investment portfolio, in other words, meagre amount. 

Today, 8th January 2016.  New target of buying gold: 10gm

Remember my last entry about gold when I said, if the share market and currency fall, gold should rise.  Well partly I was right, but I didn't put all my saving in one place, so I avoided that pit hole just in time.  Unfortunately as I check the gold price today, I cannot help seeing the possibility of plunging myself into the golden chase again.

Let's see.

5-day 2016 gold performance.

How can anyone miss having crazy amount of gold five days ago.  I did.  I mean I don't have that gold, but if I did, I could cash out today and get about RM9/gm profit. Yes,  not the entire RM9 is your profit, even if half of that is enough to make you smile all the way to the bank.

The great thing about gold chasing is that if you miss the five-day rise this time, look for the next.  But again, let's wait a while for the dragon to unload and drop back to say, RM145/gm.  Will it happen again?  Look for the stock market and currency will you.

Happy gold mining!

5-year graph for comparison.

FN7. Miss the boat again

How can I miss the boat again?
With an exchange rate of RM11.40 for 100 Thai BAHT in April 2015, I should get 8772 Baht with RM1000.  But I didn't buy Baht waiting for a better time.

 

 

The rate in July seems to be better, I could get 8873 Baht for RM1000.  I also didn't buy the Baht, waiting for a better time!

I check again the Baht when I need it most.  The rate is at RM12.15.  What?  Should I buy it now?  The difference if I buy it  now and if I have bought a month ago is NEGATIVE 643 Baht.  Yes that's a LOSS.  So now what?  Wait again?

I know you would say that.  Why do I have to go abroad now?  Ticket bought what.