Sunday, December 28, 2008

What should we do in this time of correction?


“The best way to predict future is to create it!”
The houses and Stock have fallen 25% and 45% respectively, from ther peak in US,
Hang Seng Index was about 27,563 in Jan 2008 and how it is around 14,000,
but I guess that it will possibly could fall further.
That is what happens when bubblies deflate- this thing can fall into a reasonable-value zone. then keep on falling until they are unreasonably low!
On the other side of inflating bubbles, during which prices can keep rising after even they're unreasonably high!
If you had the money that you won't have to use for the next 6-8 years, go and buy,
if you have to plan for your coming bill and cheque, I suggest you should do nothing!
Work hard and make sure nothing go wrong keep your job secure!
fever

2 comments:

Anonymous said...

If you had the money that you won't have to use for the next 6-8 years, go and buy

What don't you keep it as reserve. Buying stock is simply risk at all time, it it is worthwhile, hundred thousands of investor are standing by everything waiting for the chance to buy. Not you.

Ever buy worng, never sell wrong.

Anonymous said...

Hi Edmund,
But knowing that still there are a lot of good stocks taht really can have a very good visibility and return such as build your dream!

Keep an eye on that...

Fever