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4 comment(s). Last comment by aiinvestor 2018-02-10 19:24

aiinvestor

801 posts

Posted by aiinvestor > 2018-02-10 11:09 | Report Abuse

What billionaire investor Warren Buffett says to do when the market tanks
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11991750

gohkimhock

3,114 posts

Posted by gohkimhock > 2018-02-10 17:49 | Report Abuse

go for good fundamental stocks..

aiinvestor

801 posts

Posted by aiinvestor > 2018-02-10 18:29 | Report Abuse

KLCI has been relatively stable during Global stock sell-off as ringgit has been quite stable. Strength of ringgit and KLCI are positively correlated.

aiinvestor

801 posts

Posted by aiinvestor > 2018-02-10 19:24 | Report Abuse

Why has ringgit been stable? Becuase USD has not been so strong. In fact most currencies in emerging markets have been quite stable during the global stock sell-off because USD has not been so strong. That's why stocks in emerging markets have been outperfperforming stocks in developped countries during the global stock sell-off. Malaysians don't need to worry about the global stock sell-off as long as ringgit has been stable.

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