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That Guy

Eric

02 December 1988

Singapore Poly


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Tuesday, December 16, 2008
12/16/2008 08:32:00 PM ;
I guess I'm tired after all. And i need a break now. Sooner or later i going to be retrench. I will be resting ba taking a short break cos i been working 2 jobs for sometimes and i really need a break. Haiz... :(


What is your definition for these 2 words "investment" and "money". And how are they related to you? Often people take investment as a short term investing to earn big bucks. But if there is a crisis outbreak who is going to take the blame? Obviously people will push the blame to others for eg. stock broker or even the banks. But in my point of view is that at least you must bear some responsible. No one can predict the future. Your ultimate motive is to earn big bucks in the shortest possible time.

Next is money. How much $$$ do we really need? A million dollar or more? How much do you need for retirement? Have you prepare for your retirement already? Often these are the question we need to consider when doing planning. In this economic meltdown, we really need to learn some lesson from it. Global is going to a longer recession since the great depression. Some economists predict that Singapore will show sign of recovery in 2010. I think is becus of the youth games held in Singapore. Singapore rely too much on import and export that explain why Singapore is the first to go into recession. And now we are in mid recession before trough. This is a business cycle. So how long are we going to stay in recession and how are we going to make a recovery? That the important lesson we have to learn from it.


So after all how do "investment" and "money" related? There one word which is "greed" lies in between these 2 words. Do you agree? If people are not greed, this whole crisis won't exist.