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The ABSD is already one such example.
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oh that's for property right? how bout shares?
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(10-02-2012, 10:05 PM)Thriftville Wrote: oh that's for property right? how bout shares?
The goal of every rational democratically elected gov in this world, is to get re-appointed in the next elections. Therefore, their job is never to 'protect the people' from speculative behavior.
For example, implementation of ABSD seems to be 'protecting the people' but the true driving force, is to keep the electorate happy by not allowing runaway prices, and eventually let them get re-elected in the next elections.
So, do u think a speculative rise in the equity market will hinder their chances in the next election?
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.
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If there is a speculative rise in equity market, i think our PAPAYA can not do much about it. Throughout history, when there were something like the "TULIP MANIA", the Principals of the world could not do anything about it but just watched and let the "Mania" ran naturally till their lives were spent. So what is PAPAYA going to or can do? Nothing.
Till this day Holland produced the most beautiful tulip though it's origin is from Turkey, as claimed.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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