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 I am preparing for Global Recession, Be cash rich

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TSFabio1
post Sep 6 2011, 10:56 PM, updated 15y ago

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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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TSFabio1
post Sep 6 2011, 11:34 PM

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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
TSFabio1
post Sep 7 2011, 01:00 AM

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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
TSFabio1
post Sep 7 2011, 09:23 AM

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QUOTE(dreamer101 @ Sep 7 2011, 03:29 AM)
Fabio1,

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

Dreamer
*
Listen guys my prediction and preparation to avoid any eventuality ,nothing looks good so better prepare
At least 3 years of basic cash


Added on September 7, 2011, 9:25 am1.Stocks with high foreign ownership are likely to experience a further selldown in the next few months as foreign funds reverse back to US Treasuries and fixed income, said analysts.


Added on September 7, 2011, 9:30 am
QUOTE(Fabio1 @ Sep 6 2011, 11:56 PM)
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.................
*
We should explore recession proof investment kindly advise.
Hospital, Graveyard,Food,Coffin box industry even times are bad they dont die anything else guys


This post has been edited by Fabio1: Sep 7 2011, 09:30 AM
TSFabio1
post Sep 7 2011, 01:37 PM

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SINGAPORE/BEIJING (Reuters) - Singapore's finance minister said on Tuesday a global recession looked more likely than not and a Chinese official acknowledged China's growth may slow to a 10-year low, highlighting Asia's rising concern over its exposure to U.S. and European risks.
TSFabio1
post Sep 8 2011, 12:55 AM

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Noted and well said
TSFabio1
post Sep 22 2011, 12:57 AM

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Well boys I am not convinced with the economic situation ,I will rather invest in land than anything else but its so f..g expensive now
TSFabio1
post Sep 22 2011, 01:32 AM

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All boils down to our average income level la bro

TSFabio1
post Sep 29 2011, 05:29 PM

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— Malaysia’s largest lender urged authorities today to step up monitoring of personal loans, saying that it was becoming a cause for concern.

This comes as the nation’s household debt increased from 66.7 per cent in 2004 to 76 per cent in 2009, which is uncomfortably close to US levels prior to the 2008 financial crisis.

Malaysians are facing increasing financial pressures as salaries have not kept up with inflation and many turn to personal loans and credit cards to help fund living expenses.

The size of the money lending industry is reflected by the extent of advertising of personal loans, many with the interest rate of one per cent a month.

Some vernacular newspapers carry two to three full pages of advertisements for personal loans and stickers promoting money lending vendors also appear frequently pasted on lamp posts, vacant shoplots and the boots of taxi cabs.

Figures provided by Bank Negara in March show that personal loans made up 15 per cent of the overall household debt composition.

“We need stronger enforcement on personal loans,” said Maybank CEO Datuk Seri Abdul Wahid Omar in a press conference following Maybank’s AGM here today.
TSFabio1
post Oct 1 2011, 07:35 AM

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Do you belief in the Gov inflation statement , we are crazy to belief the Gov,
cash out guys ,dont burn your finger
TSFabio1
post Oct 15 2011, 09:56 AM

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Guys if you are given a 1 Million dollar where and how do you will invest and why you will invest in that choice you make

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