Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 I am preparing for Global Recession, Be cash rich

views
     
mois
post Sep 8 2011, 10:46 AM

Enemy Territory
*******
Senior Member
3,626 posts

Joined: Nov 2007
From: Hornbill land
How about bond funds? It is going to survive through the recession? im talking about asean n malaysia bonds. not euro or US.
mois
post Sep 8 2011, 03:22 PM

Enemy Territory
*******
Senior Member
3,626 posts

Joined: Nov 2007
From: Hornbill land
QUOTE(smartinvestor01 @ Sep 8 2011, 02:46 PM)
If you are buying Malaysia bonds, you are facing credit risks.. During that time, your bonds are hard to sell..

*
I bought bond funds from public mutual. Are you saying that i cannot sell my bond funds if there is credit risks? Because im not buying a particular bond, it is bond funds. So i guess there is no problem to sell through public mutual if got credit risk right?
mois
post Sep 17 2011, 11:58 AM

Enemy Territory
*******
Senior Member
3,626 posts

Joined: Nov 2007
From: Hornbill land
QUOTE(dreamer101 @ Sep 17 2011, 09:17 AM)
SeeD,

How long can you SURVIVE without income and WITHOUT SELLING any asset and / or investment??

Answer that question FIRST.  Make sure that it is AT LEAST more than 2 years before you say it is not a big deal...

Dreamer
*
Assume one spends rm3k monthly, it mean one need rm72k to survive in 2 years. Damn. That worth my half year saving. But nevertheless, i would rather invest in low risks such as bond fund. Cash money depreciate in value due to inflation anyways.

Added on September 17, 2011, 12:00 pm
QUOTE(Algorith @ Sep 17 2011, 11:02 AM)
if there is a recession, what else can we invest in besides gold and silver? I have a feeling this coming recession is going to be a long one...
*
Try bond fund. Or reit also can.

This post has been edited by mois: Sep 17 2011, 12:00 PM
mois
post Sep 25 2011, 06:04 PM

Enemy Territory
*******
Senior Member
3,626 posts

Joined: Nov 2007
From: Hornbill land
The financial system cant be collapsed. If that happen, it will send us back to stone age. If that is the case, u should not be bothered about assets. All you need are survival skills.

PS: watched too much 2012–ish kind of movie.
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0170sec    0.87    7 queries    GZIP Disabled
Time is now: 16th December 2025 - 03:20 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.