All of a sudden, I have a clear picture of what is coming in the next 2 years.
1) In the coming months, the crisis in USA and Europe will worsen and this will send a financial shockwave to the rest of the world. S$ will strengthen against US$ to 1 :1. This is the right time to change S$ to US$.
2) To arrest the outflow of funds from USA to asia, USA is forced to raise interest rate drastically. This stemmed the outflow of funds to asia. US$ to S$ rise 1: 1.6. time to change back to S$
3) The rise in interest rate in US and Asia, caused massive deleveraging. Companies and government downsized to cope with the reduction in demand. Jobs were restructured and lost. Many homes, cars, investments were sold as consumers could not afford to pay the installments. Time to buy stocks or properties.
4) In the blink of an eye, a few years passed and things got better. Stock and property market rebounded.
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