facebookIs it advisable to invest in Malaysian stocks? My concern is that the exchange rate may erode my returns. What is the best way to invest in Bursa Malaysia as a Singaporean? - Seedly

Anonymous

30 Jul 2020

General Investing

Is it advisable to invest in Malaysian stocks? My concern is that the exchange rate may erode my returns. What is the best way to invest in Bursa Malaysia as a Singaporean?

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KLSE was my first market for investment and returns I got are definitely higher than SGX. So for myself, the returns in MYR are for spending there. This can include weekly groceries, holidays, food, etc. With the pandemic, I shifted some to funds (SGD and USD) which can be used for local spending in the future.

I think exchange rate is definitely a concern for all overseas market. Since the returns for me are used to spend in M'sia, it isnt a real concern for myself. Professional investors use hedging such as futures contract to lower the forex risk. For an everyday investor, I feel it is best to invest in a market where you feel have good future prospects.

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