Hi guys all Economist so called leaders World Bank, IMF, US Treasury and many more have indicated coming of World Recession, I personally foresee
this happening and I want take all precaution to avoid any financial crisis , whats your say.................

After a Financial Crisis, Things to note when investing

Please spend 30 seconds to look at the below picture




After a Financial Crisis, Things to note when investing
Please spend 30 seconds to look at the below picture


If this is your first time looking at the picture and after 30 seconds you still didn't realize that there is a shark at the back, you probably need to train your adversity quotient.
It is the same when doing investment, you always get attracted to those 'big' returns. Be careful of the hidden adversity that might occur.








This post has been edited by Fabio1: Sep 14 2011, 05:21 PM


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So how much capital had you prepared?
100k?
500k?

Of course there is a coming recession. There always is one coming. The thing is as sure as death and taxes. The question is how far away it is.

Well the 1 not prepared will suffer lets learn from our past experience.
If it happen what will be the chain reaction ,remember 1997 crisis

The Domino effect. Tada. By the way TS, how are you going to prepare for the upcoming recession?

Shouldn't it be to reduce liabilities? Decrease luxuries? Boot out the corrupt politicians?

i recntly disposed some props and waiting for good time

If I were you I will cash out from market ,share,mutual fund,cut down your loans as much you can , pay of your housing loan via EPF and etc

does saving in bank (in malaysia) safe?

just bought a property earlier this year..cant exit now. damn

Why can't exit?

Cos mortgage got a lock-in period, no?

Maybe under-Con kua

Still can sell immediately also de..
Under-Con also can sell before finish con..

Later when finished con, you got con because market down.

I c i c... oops i was under the impression that it cant be sold within the lock in period.

Fabio1,

So, how long can you SURVIVE without any income??

Dreamer

i will sell my every unnecessary assets, and take margin loan as much as i can.. and slap all cashs into share market (when it went to the bottom).. living poverty for the next 3years.. haha i just wish i had more guts to do so.. high risk high return..

This post has been edited by alwjmonster: Sep 7 2011, 02:42 AM

Hmm i started to plant vege n rear fish for own makan in my parents' lil garden where the hse fully paid de. Worse case scenario no job, no hse still got food n shelter

Folks,

I have enough emergency fund to last 2 years. With dividend, I can last another 2 to 3 more years. This is all without affecting my lifestyle or selling anything.

Dreamer

i have been preparing for it since 2002..........bought silver and gold

Reduce borrowings........ and wait for the plunge