How do you guys invest?

[snpark]

 

[snpark]

Now 17.3 USD

 

[Jaime C]

18000 to USD coming soon?

 

[snpark]

What's the highest it's ever ever been in the history of history? Now? Or it's been above now?

 

[Helpful Herbert]

Yes, the rupiah is pretty much in freefall at the moment. Sri Mulyani must be chuckling to herself.

 

[snpark]

Currently this is the highest it's ever been in history.

 

[Balifrog]

Currently this is the highest it's ever been in history.

 

[jstar]

What's the highest it's ever ever been in the history of history? Now? Or it's been above now?

Now. Record high USD vs IDR (even more than ‘98).

 

[jstar]

About investment; I’m still waiting to be able to sell my ¥ . The Bank Mega customer relations manager was much more insightful at the time (buy USD now!) than the people at Bank Tokyo Mitsubishi.

 

[pantaiema]

Correct me please if I am wrong:

The Jiwasraya, Asabri, and Bumiputra cases were serious corruption scandals, but they involved state-owned insurance entities rather than typical publicly listed operating companies. These events point to governance weaknesses in specific institutions, not to the entire Indonesian equity market. Comparable corporate scandals have also occurred in developed markets, so this risk is not unique to Indonesia. In practice, the highest risks are concentrated in small-cap stocks, maybe also politically connected firms, and speculative trading. Large Indonesian blue-chip companies generally have long track records, reputable auditors, and broad institutional ownership. Issues such as the BCA case are often cited without sufficient historical context, particularly the Asian Financial Crisis.

I would not agree with the statement that the stock market in Indonesia is not trustworthy. This conclusion is too general. In my view, major blue-chip companies are relatively safe from large-scale scandals, and classic pump-and-dump schemes are unlikely in these stocks. Small-cap stocks, however, should be approached with caution unless one has detailed company-specific knowledge. Diversification and long-term, index-based strategies can further reduce these risks for retail investors.

@make_batik_great_again
There is another new discussion about Garuda Indonesia, in this thread.

Garuda Indonesia trapped in a relentless financial tailspin

If I am paying from my own pocket, I will typically go for the least expensive option. You know what they say, sometimes you get what you pay for. I haven't flown AA for several years and I don't intend to ever do it voluntarily.

www.expatindo.org

Those who are interested could become Garuda Indonesia partial owner by buying the share on Indonesia Stock Exchange (IDX)