QUOTE(Hulihudo @ Nov 17 2014, 06:25 PM)
Hi, husband's friend and colleagues told him not to do any investment now as they predicted next 2 years could be real bad, he is thinking of withdrawing from our booking,, any suggestions?
IMHO ur concern is valid. This is definitely not the time to invest in ANY opportunity which crosses your path. But a wise investor doesn't stop investing even if the economy is/maybe slowing down. Sometimes, one must take calculated risk to gain. Don't just listen to ignorant/malicious ppl who dare not take any risk themselves. I might be wrong, but I carefully chose to invest in EM now bcos I know that it is a potential project. And it is an investment within my means and I nvr plan to flip upon VP. My hubby and I actually are considering to move to EM if we can find a good school for our children. We are not worried about the property market in the following 2 years cos the market may or may not go down. Especially for Klang Valley, it most probably will be stagnant for awhile. That means, in your case, you have an option to wait and see. But the property that you like might be taken and sometimes once you missed a good quality project you will not get it back at the same price anymore. I believe EM is the case. EW will deliver whatever they promised if not more, since these few yrs are crucial for them to prove themselves. To me, this investment may turn out to b recession proof.This post has been edited by Mutagen: Nov 17 2014, 07:50 PM
Nov 17 2014, 07:41 PM

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