Friday, May 1, 2009

Tough Time to Buy but Good Time to Invest (01-Feb-09)


Many experts will claim that it is always a good chance to enter the market during crisis and make a shopping spree for supposedly good stocks which are undervalued. I agree to this theory to a certain extent, but do invest with due care as we never know how the stock market will react. It is now at its very volatile stage.

Looking at another side, deflation is starting to step in.... make good use of this opportunity to buy things that you NEED to buy like a new plasma TV, or a new car? Of course I am not encouraging you to buy things just because they are cheap, but now the advantage is on the consumer side. =) Just looking at how the car dealers, the shopping centres, the shops in your neighbourhood that are trying to induce more promotion to attract consumers' spending.

No comments:

Post a Comment