Wednesday, April 1, 2009
I would like to give some advices to some potential investors……if you have some cash in hand, some may think that it is a good time to save for the economic crisis… ya, I agreed. But, by keeping the money in hand, you may not get the true value of your money…..you may know that currently banks don’t provide a good FD rate, why not looking into the stock market???
The world economy is a volatile place right now. Even with the recent gains, the stock market is down substantially over the last few months and it is down almost 40% on the year (US market) and 30% (Malaysia Market). While that is cause for concern for those at or near retirement age, it might actually present a buying opportunity for those who have a longer investment horizon.
Why might this be a buying opportunity? Because it is always better to buy low and sell high. If you’re in it for the long run, you have a long time for your shares to gain value. Right now with stocks low across the board, you may be buying shares that will substantially increase in value over time.
So think about it………………
AhSi Apa Pun Boleh........... =)