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Resigning without job offer in sight, What makes you do that?
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ChAOoz
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 Jan 15 2019, 12:11 PM
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QUOTE(PhakFuhZai @ Jan 15 2019, 12:04 PM) if now can fall back to 1997 level, alot of firesales can happen  prepare ur cash at hand 5 years down the road once market recovers, you ll be multi-millionaire  You could run out of money before the promoter runs out of ideas <-- Good Quote by Buffet Nowadays economist and policy maker is so good at keeping the musical chair going, it is higher chance your ammo run dries before 1997 really happen, and if it really crash you are in a worse spot. |
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ChAOoz
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Jan 15 2019, 12:16 PM
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QUOTE(wktang @ Jan 15 2019, 12:14 PM) i did it all the time. I find it's easier for me to find new opportunities if I'm not been tied down. so far happy with my decision Everything has a cycle, even job market. So i guess timing is very important. |
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ChAOoz
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Jan 15 2019, 06:00 PM
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QUOTE(PhakFuhZai @ Jan 15 2019, 02:47 PM) highly unlikely unless the entire financial system in Malaysia collapsed, which by then Ringgit will sit next to Zimbabwean dollar ady What i mean is how long are you going to sit at the side with your money waiting for an eventual collapse ? It could be years and even decade. Just think of the lost opportunity of not putting all those free cash flow into work. But once you put your cash to work, you are now expose to an economic slow down. It's very hard to time the market. Everyday you sit at the sideline, will mean your money is also sleeping. |
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