Investing in RMB - idiot or not?
Discussion
As its not getting much airing in the business section lets try the asia one.
the RMB, worth getting onboard early or dont get involved in them mainland chinese people?
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
the RMB, worth getting onboard early or dont get involved in them mainland chinese people?
http://www.pistonheads.com/gassing/topic.asp?h=0&a...
Well mate, I don't know much about this but I do know I am off to talk to my currency trader woman person at the bank and China was one of the things i wanted to discuss as my gut is telling me it is a good bet at the moment...
I will always convert back to UK though as i will go back at some point...
I will always convert back to UK though as i will go back at some point...
The thing is John, not only do you have currency risk, you are also introducing a whole load of political risk - nothing to stop the chinese telling foreign investors to GTFO at any point.
I see GBP and USD as being dead ducks for the next decade whilst this all unwinds to be honest - the investment money will keep feeding into Asia as investor's seek returns.
The question as ever, is when do you get out of it?
(Much as I said to myself about the Singapore Airlines cutie I met on Halowe'en...)
I see GBP and USD as being dead ducks for the next decade whilst this all unwinds to be honest - the investment money will keep feeding into Asia as investor's seek returns.
The question as ever, is when do you get out of it?
(Much as I said to myself about the Singapore Airlines cutie I met on Halowe'en...)
Bing o said:
The thing is John, not only do you have currency risk, you are also introducing a whole load of political risk - nothing to stop the chinese telling foreign investors to GTFO at any point.
I see GBP and USD as being dead ducks for the next decade whilst this all unwinds to be honest - the investment money will keep feeding into Asia as investor's seek returns.
The question as ever, is when do you get out of it?
(Much as I said to myself about the Singapore Airlines cutie I met on Halowe'en...)
Funny you should say that... I flew back Singapore Airlines from KL on Friday and the airhostess was one of the hottest women I have ever seen on the planet! She did, however, where a weddingr ing and meet her husband at the other end I see GBP and USD as being dead ducks for the next decade whilst this all unwinds to be honest - the investment money will keep feeding into Asia as investor's seek returns.
The question as ever, is when do you get out of it?
(Much as I said to myself about the Singapore Airlines cutie I met on Halowe'en...)
Why does God hate me?
dom9 said:
Funny you should say that... I flew back Singapore Airlines from KL on Friday and the airhostess was one of the hottest women I have ever seen on the planet! She did, however, where a weddingr ing and meet her husband at the other end
Why does God hate me?
He loved me on Saturday night!! I was also dating an ex Emirates girl for 6 years, but she had nothing on the SA one (well apart from being caucasion and having a great rack).Why does God hate me?
Why did god forget the boobies when he got to Asia????
ETA apologies to John for that mahoosive thread derail.
Edited by Bing o on Tuesday 2nd November 07:13
Well that went off on a tangent 
Bing o you are right about the fact that china could just tell investors to f
k off, but my plan was to be buying hard currency RMB rather than any clever investment vehicle! This is Asia after all and a suitcase if hard cash is what talks at the end of the day!!!
You are wrong however about god forgetting boobs when he got to Asia, there are plenty of ladies that are well endowed in the chest department
I take it that swmbo is nit around at the moment or has she become an ex swmbo ??
Don, interested to hear what your BoC bint has to say on the subject (of rmb not Asian ladies with big jabber clackers, although ........ Is she cute? Could be worth finding that out too
)
Bing o you are right about the fact that china could just tell investors to f
k off, but my plan was to be buying hard currency RMB rather than any clever investment vehicle! This is Asia after all and a suitcase if hard cash is what talks at the end of the day!!!You are wrong however about god forgetting boobs when he got to Asia, there are plenty of ladies that are well endowed in the chest department
I take it that swmbo is nit around at the moment or has she become an ex swmbo ??
Don, interested to hear what your BoC bint has to say on the subject (of rmb not Asian ladies with big jabber clackers, although ........ Is she cute? Could be worth finding that out too
)XJSJohn said:
Well that went off on a tangent
Bing o you are right about the fact that china could just tell investors to fk off, but my plan was to be buying hard currency RMB rather than any clever investment vehicle! This is Asia after all and a suitcase if hard cash is what talks at the end of the day!!!
You are wrong however about god forgetting boobs when he got to Asia, there are plenty of ladies that are well endowed in the chest department
I take it that swmbo is nit around at the moment or has she become an ex swmbo ??
Don, interested to hear what your BoC bint has to say on the subject (of rmb not Asian ladies with big jabber clackers, although ........ Is she cute? Could be worth finding that out too )
Long story!! Bing o you are right about the fact that china could just tell investors to f
k off, but my plan was to be buying hard currency RMB rather than any clever investment vehicle! This is Asia after all and a suitcase if hard cash is what talks at the end of the day!!!You are wrong however about god forgetting boobs when he got to Asia, there are plenty of ladies that are well endowed in the chest department
I take it that swmbo is nit around at the moment or has she become an ex swmbo ??
Don, interested to hear what your BoC bint has to say on the subject (of rmb not Asian ladies with big jabber clackers, although ........ Is she cute? Could be worth finding that out too
)Back on the money side of things, I'd be tempted to look at spreading the risk a bit - does the INR or MYR not appeal - I believe they are starting to let foreign investors in a bit more? I think Vietnam has a lot of upside too, but then I'm new in these parts...
I am only looking at the equivalent of a grand SGD each month max ... It's more just something as an aside from my real investment portfolio, which is topped up by bonuses or lucky bd property sales (and the odd bank job of course!!!)
Already have quite a bit of capital in MYR anyway so probably not there
Edit - and no, don't think I will be going for the piston heads Iraq investment portfolio either!!! That's a bit too much risk for me!!
d property sales (and the odd bank job of course!!!)Already have quite a bit of capital in MYR anyway so probably not there
Edit - and no, don't think I will be going for the piston heads Iraq investment portfolio either!!! That's a bit too much risk for me!!
Edited by XJSJohn on Tuesday 2nd November 08:43
XJSJohn said:
I am only looking at the equivalent of a grand SGD each month max ... It's more just something as an aside from my real investment portfolio, which is topped up by bonuses or lucky bd property sales (and the odd bank job of course!!!)
John - if you do find a way to do it, I may well be interested...d property sales (and the odd bank job of course!!!)XJSJohn said:
Snoggledog said:
Buy rubber.
A good investment at the towers!!!Bing o, can buy small volumesvof rmb at most money changers.
Will let you know what my currency trading chick has to say... I am seeing her on Tuesday, so will report back on Wednesday as we are also going for dinner, Tuesday night. For some reason I still appear to be hung up on the tall, blonde caucasians!
I am sure I will come around at some point... Or everyone keeps telling me I will. Incidentally, the airhostess on SA from Friday was definitely a blend and far from what I would call a local. No idea how you go about finding one of 'em. She seemed adequately endowed!
So, yes, no more missus Dom9 after tonight
She flies back to the UK!Time we had a beer, I guess?!
dom9 said:
XJSJohn said:
Snoggledog said:
Buy rubber.
A good investment at the towers!!!Bing o, can buy small volumesvof rmb at most money changers.
Will let you know what my currency trading chick has to say... I am seeing her on Tuesday, so will report back on Wednesday as we are also going for dinner, Tuesday night. For some reason I still appear to be hung up on the tall, blonde caucasians!
I am sure I will come around at some point... Or everyone keeps telling me I will. Incidentally, the airhostess on SA from Friday was definitely a blend and far from what I would call a local. No idea how you go about finding one of 'em. She seemed adequately endowed!
So, yes, no more missus Dom9 after tonight
She flies back to the UK!Time we had a beer, I guess?!
The SA girl I had the pleasure of meeting was chinese malaysian - f'cking gorgeous, and a bloody good laugh to boot. 9 years younger too. Dang! Just as well this corner of the fora is a relative back water
You can normally find them in Sluttica on a Wednesday, or the odd one kicking about in China 1...Beers are always a good call. I think John's usually downtown on a Thursday night, but I usually have late calls at work.
You do get some interesting blends, Eurasians, Chindians, Malay Chinese, Peranikan, or all of the above!!!!
Be interesting to see what you lot's "experts" have to say too
I am not solely or exclusively down town on Thursdays, for beer i am happy to travel at any time of the week!!!
Alternativelt there are always establishments such as Scruffy's on East Coast etc
Be interesting to see what you lot's "experts" have to say too
I am not solely or exclusively down town on Thursdays, for beer i am happy to travel at any time of the week!!!
Alternativelt there are always establishments such as Scruffy's on East Coast etc
XJSJohn said:
... Malay Chinese
That was it. <sighs>XJSJohn said:
Be interesting to see what you lot's "experts" have to say too
Indeed - but I don't think you'll lose any money - I may have to buy a waving cat piggy bank to keep my RMB in...XJSJohn said:
I am not solely or exclusively down town on Thursdays, for beer i am happy to travel at any time of the week!!!
Alternativelt there are always establishments such as Scruffy's on East Coast etc
Name a date Alternativelt there are always establishments such as Scruffy's on East Coast etc
Bing o said:
XJSJohn said:
... Malay Chinese
That was it. <sighs> 
Bing o said:
XJSJohn said:
Be interesting to see what you lot's "experts" have to say too
Indeed - but I don't think you'll lose any money - I may have to buy a waving cat piggy bank to keep my RMB in...Bing o said:
XJSJohn said:
I am not solely or exclusively down town on Thursdays, for beer i am happy to travel at any time of the week!!!
Alternativelt there are always establishments such as Scruffy's on East Coast etc
Name a date Alternativelt there are always establishments such as Scruffy's on East Coast etc
Ohh you ment for beers ....
LOL! This thread has gone way off track!
Next week for beers then?
Know another couple of like-minded individuals who might be interested.
Can then discuss RMB face to face
Sluttica is an awful place. Being a walk from home and the favourite haunt of many of my friends ; I find myself there all too regularly! Never made it to China 1 yet but Zouk, Zirca, Le Noire etc have all been 'visited'.
Next week for beers then?
Know another couple of like-minded individuals who might be interested.
Can then discuss RMB face to face
Sluttica is an awful place. Being a walk from home and the favourite haunt of many of my friends ; I find myself there all too regularly! Never made it to China 1 yet but Zouk, Zirca, Le Noire etc have all been 'visited'.
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