Global Recession

J@tti

..Majajan..
what if bank rates fluctuate

what if housing market suffers

what if people start getting laid off

what if you get no bonus

what if services become expensive

you will be affected in one way or another
 

J@tti

..Majajan..
On stocks and things along those lines...


The foolish man cries that the sky is falling.
The uneducated man thinks this is the fault of one man.
The lay person is oblivious.
The educated man already moved his money.
The wise man sees a buying opportunity.

..... and the CON man laughs at all of them on his way to the bank
 

pps309

Prime VIP
Its a tough phase for many people who have taken loans for short term investments.

I guess all those who have not taken loans for buying stocks, real estates and opening businesses will be least affected. If they can hold on to their assets for couple of years they will not loose their money.
On contrary, If they have more money they can buyout little bit more stocks to average out their previous damage.
 

Ravan

*****AKA-JATT*****
worse might be, kill or be killed.
but
i got my dunali, wat else i need to worry abt....
 

Chohan

kool jatt
effect will be directly seen when we wil get our appriasals and in coming days it is sure that companies gonna go for layoff .. I dont see any sector of industry which is not effected by it.
my appriasal is due in dec ..:pr hope jada effect na hove
 

punjabimc

Member
well..a piece of advise..

dnt kep dollars..go buy gold or diamonds..da price eitha stays da same or goes up fo dese products..plus if recession eva comes..u got gold n diamonds..dey aint gonna lose dere value anywayss

my belief: its better to take pre-caution than to sit n pray it all works in our favor
 
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