Bit of sidetrack.....anyway boring day
http://www.youtube.com/watch?v=6E2hYDIFDIU
(19-12-2011, 11:20 AM)wsreader Wrote: [ -> ]North Korean leader Kim Jong-il died of physical and mental over-work. Another unknown factor in the geopolitical risk thrown into the pot. The moral of the story is not to stress ourselves too hard physically and mentally. Enjoy the holiday seasons while we can.
If you wish to know stock market you should watch this.......Market can be extremely bullish, extremely bearish......you know it is crap but it happens.....you need to take a few steps backward(from the market) and see the True picture
The below video may affect your mood......caution
http://www.youtube.com/watch?feature=pla...SWN6Qj98Iw#!
(20-12-2011, 03:51 PM)Behappyalways Wrote: [ -> ]Euro crisis: Why Greece is the sick man of Europe
http://www.bbc.co.uk/news/world-europe-16256235
Will China break?
http://www.todayonline.com/Commentary/ED...hina-break?
In the last 3-4 mths I have been travelling to china to 3 provinces and also Spain and Portugal. What i see in china is very troubling, much more than europe. sure the PIIGS countries will struggle a while but life will go on with lots of belt tightening. The euroland will sort itself out after the horse trading settles down when they are pushed to the wall.To me there is a high probability of a hard landing in China. i saw many townships in china which were ghost towns and many abandoned projects too. Reminds me of Thailand during the AFC except that China is on a much bigger scale. At the same time many of the poorer folks whose land has been grabbed to put up those expensive housing cannot afford them and has no homes. recipe for a revolution especially if there is high inflation on food and china would be up in flames.
I also have a bit of cash, CPF, SRS monies waiting for a crash. What if there is no crash? The ship would leave without me.
(02-01-2012, 11:23 PM)Mr Nobody Wrote: [ -> ]I also have a bit of cash, CPF, SRS monies waiting for a crash. What if there is no crash? The ship would leave without me.
just wait for the next one.
I believe if u invested fairly correctly in a crash in the window period of 6-12months, you will be able to make back almost all that you had missed out in the previous bull run of 5-10years.