Did I not say, "The Worst is NOT over"?
Have you been selling your shares everytime when there is a Rebound to cut further loss?
Wall St dropped by another 3.82% on Friday - and once dropped below the 8,000 mark during the week. Australian market is now at 4 -year Low - and Both will be Much LOWER soon like many other markets.
Did I NOT say in last Dec by sending an E Mail to some of you, "US (& Europe) is ALREADY in Recession."?
Have you been listening to me to protect your hard earned cash?
After NZ, Ireland, Germany (the Europe Largest Economy) is now "officially' (i.e. many knew this months ago) in Recession, and joining the R-Club is Italy! And the 15-Member EuroZone is also in Recession. And US and UK are soon to be "officially" in Recession!
Just look at the figures.
36,500 being laid off in UK last month, that is, 1 worker being fired every 75 seconds!
In US, just the last two months alone, there were half a million workers being laid off - and there are now about 10 Million Unemployed in US!
In US, Retail Sales dropped by 2.8% in October - First such big drop since 92!
And the two US mortgage giants being recently Nationalised by US Government had a total quarterly loss of over US$54 Billions!
And the once seems to be quick safe Technology sector is also feeling the heat now - the Sun Microsystem just announced to cut 15% of its workforce!
Even the Legendary Investor, Warren Buffete, his flagship recently announced result - lost 77% in revenue!
Do you really wish to know the current Federal Budget Deficit figure?
Alright, it is over, hope I have not missed out one "0" - US$1,000,000,000,000!!
And if anyone thinks that my Buying Price for HSBC is unrealistic low, think again.
The once World's Largest Bank, the Citi group, its share price dropped by 68% so far this year making its the Third Biggest Drop share amongst the DJIA (just behind GM) And its share price of US$9.45 is at 12-year Low!
Some of you may be regretting for NOT listening to my Warning back then.
I would not blame you - I am NOBODY - why did you have to trust me back then?
I am NOT a Billionaire, NOT a Reputable Investment Banker, NOT a Hedge Fund Star, NOT a Host in a Popular TV/Radio programme, basically NOT one with a Proven Investment Record etc.....
But remember this is NOT about me - it's all about YOU!
Have you been Honest to Yourself?
Have you been Realistic about YOUR Own Investment?
Have you been Admitting Making Mistakes?
Different People take the SAME Advice differently.
Some may just ignore it all together because this is NOT what they want to hear.
Some may think there is a Point but are not bother to act on it.
Some may take it seriously but never find the time to act.
Some just go and ACT.
Remember, there is always a chance someone saying one sentence that may change/might have changed your Life - change your Life FOREVER.
I had that experience 28 years ago but.............I now cannot even remember his name!
My name is .................NOT important, make sure you know your Investment Goal,
Keep your Capital.
Fate
Be Honest to Yourself
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2 comments:
exactly.. there are always someone saying one sentence that might have changed your Life. I agree very much. it might change one's decision which will have long and lasting effect on life.
I really feel your heart to honestly and truly express your views to others and help others. Indeed, one should assess his own circumstances and act correspondingly. Cheers to you and wish you all the best and enjoy your trip in HK soon.
Thanks, carol. Hope that you have well protected youself in the current WWIII. Are you the "carol" that I have in mind?
Cheers
Fate
Listering is Rewarding
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