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 Foreign Currency talks!

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williamlau
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PostSubject: Foreign Currency talks!   Fri Aug 15, 2008 9:49 am

ANyone there are interested in foreign currency or are planning to use foreign currency
as an investment in the future or perhaps NOW?
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satriakid
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 11:14 am

Wow bro, you sure have alot of things to discuss about.

I myself collect foreign currency in small quantity as a hobby few years back. Kind of died down already. Only once in a while, my family members or relatives do give me notes or coins if they travel to other countries.

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 1:13 pm

satriakid wrote:
Wow bro, you sure have alot of things to discuss about.

I myself collect foreign currency in small quantity as a hobby few years back. Kind of died down already. Only once in a while, my family members or relatives do give me notes or coins if they travel to other countries.


Not really la...
Same as you, i used to collect but now not really into it anymore.
But i am kinda different than you, most of the currency i exchange it with RM at the money changer.
Spend about Rm1000++ on this hobby but now it dies anyway.

But then, i know foreign currency is sort of lucrative inverstment if you know when will it ups or downs.
Especially now, AUD is getting unstable while US dollar is getting stronger.
If you are able to predict, buy AUD now so that you can hv cheaper fees when you wanna transfers to swinburne malburne. XD


Last edited by williamlau on Fri Aug 15, 2008 1:19 pm; edited 1 time in total
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 1:17 pm

Nah. I don't look at them at the value they are priced at. I collect to learn about their various culture and also, I love how bank notes look like. It tells you different things, depending on how you look at it.

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 1:35 pm

Erm...
i am quite different from you. I look at its design, nice o poor. hehe...
But one of my friends, really into foreign currency even right now.
He had managed to collect all the bank notes from Asia.
Once he start talking about foreign currency, he get so excited.
He can tell you every single history or story from all the bank notes he collected.
He even knows whether the security of the bank notes is strong or not strong. Whether it is easy to imitate or what as soon as he laid his eyes and fingers on it.
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 1:44 pm

Thats avid and hardcore collectors for you. Passion is everything.

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 5:21 pm

Now, if you want to talk about profitable currency investments, you need the huge capital to start off first. That's why this is only in the realms of those capital investors. In fact, you look around Kuching, it's either banks or those rich people who only do money changing, simply because they got the money to invest in this.
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 7:55 pm

What about if your parents are willing to give you the money to do your own business?
Or what business will you do if you have the money right now? Perhaps one or two hundred thousands?
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 8:04 pm

yea william.. XD u open more topic than me.. Very Happy

hmm... hard to say... we are still young... for me... i kip it 1st.. see an opportunity then use it...

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 8:10 pm

AJay wrote:
yea william.. XD u open more topic than me.. Very Happy

hmm... hard to say... we are still young... for me... i kip it 1st.. see an opportunity then use it...


Maybe... haha...
Cause there are many questions in my heaD. So juz try to ask and see other people's view.
It is really hard to inverst. Because once you set your foot into something wrong, everything is GONE!
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 8:23 pm

well... it good... keeps the forum lively in a way tho only some of us are active...

anyway.. back to topic...

investment are dangerous if u dunno how.... i was thinking what to open a business... rather than investing it...

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 8:33 pm

It was hard through. And not every business earns big bucks...
I was really thinking what on earth can earns money?
But the only way i can think of is go overseas like aus and after working for a certain period then only come back.

My mom ever asked me, what will you do if i give you one hundread thousand right now.
And this qus seems to linger in my brain until now and i still cant find the ans.
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 8:51 pm

a normal human will enjoy the money... XD

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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 9:02 pm

Normal human? Does your normal human means like people who satisfy easily?
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PostSubject: Re: Foreign Currency talks!   Fri Aug 15, 2008 11:33 pm

Well, it all depends on yourself. For me, if I was given RM100, 000, I'll put it into investment, mostly around 60% and then, if possible I'll setup my own company if I can, else, I'll just dump the rest into the bank, making money work for me as I rake up interest and banks want you to give them more money so they can invest also.

Work aside, you can take a small step, see if it fits you or not.

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