13/08/2022
Why am I talking about P.E.G. as the way to weather the economic storm on the horizon?
The way we buy Property... we buy BELOW market value, get higher than usual rentals with a Tenant Management system in place and in some cases get a cashback amount that covers renovation as well as spare cash to help you get rid of those 'bad' debts.
The Exchange... we are parking our cash in foreign currency such as USD and SGD/Brunei Dollar because of the demand for those currencies as opposed to the Ringgit. Many other factors... political instability, lower exports, higher imports etc etc...
Gold... historically a safe haven in troubled times, there are now ways to purchase gold, leverage the purchase and get an advantage in earning from the appreciation of your gold "stockpile" so that you are taking advantage of the DEMAND vs SCARCITY opportunity in this commodity.
The ringgit is expected to move in a tight range against the US dollar next week and trade between the 4.44 and 4.46 level, said a dealer.