Most of the economic articles I read tend to give a positive outlook on the year 2010. Why? I guess it's simply because many companies have learnt their lesson during this crisis and have improved their strategies in how they do business. Alot of companines should be out in the woods, and should be back into profitable territory.

My sentiments followed these articles, but my personal feel is that the climb would not as sharp as the V-shape recovery in 2009 as the steam has to rest somewhere. As an IFA, we still firmly believe on a dollar-cost averaging concept, meaning to stay invested and do it on a regularly basis so that you would end up on a reasonable position when market shift in either direction. In the long run, you will stand to profit from economic run, verified by historical data.

If you are still standing outside the fence playing a waiting game, what's the trigger point? Wait for the market to run up and sigh, or wait for the market to decline and say 'heng ah...'. So wat's next?

Were your investment hit badly by the 2007~2008 crisis? What was your reaction? Pull out of the market and monitor from the side, stay invested, or put in more investment? Probably there are so many articles and books saying that the smart ones became millionaires, or even billionaires, during crisis.

As Warren Buffet said: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." But unfortunately, not many of us think like Buffett, or to put it bluntly, many of us cannot afford to behave like Buffet.

As an independent financial adviser, we aimed to bring our clients to a bigger picture. We cannot make you rich overnight, but we can plan out a systematic plan (a combination of short/medium/long term) to ensure you can ride out the waves and reach your targets in a certain time frame. Isn't that wonderful? If you do not have a plan in place.. and simply live day by day, save month by month, are you confident of reaching your goal?

In this article, the author shared with us how the different age groups can react in order to meet your retirement nest egg. If you wish to put your thoughts into action, pls do not hesitate to call me at 9876-0237 to have a coffee discussion over it~