Know your REITs
this news is a bit stale, but as it’s part of my profession, just want to let you guys know that the Ringgit strengthened considerably last week against the greenback. i think the exchange rate was recorded at USD1:MYR3.74.
so for those who are planning a trip to the States, better sell your Ringgit now. and for those with family who are in short of funds, this is the right time to repatriate.
having said that, please check the rates when you do so, like i said, this news may be stale.
anyway, on investments, besides the boom in the insurance sector and mutual funds, you may want to check out Islamic REITS (real estate). new product on the market. whoever is free, please take a read and let me know what they’re about.
salam, and invest in halal products only.
