Everyone should spend time reading this…
ZT: Meltdown: Secret History of the Global Financial Collapse
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Tag Archives: financial crisis
The truth of dollar cost averaging
I was talking with a financial assistant on investment, and he is trying to invite to for a long term investment plan which applies regular saving plan (RSP). RSP is actually a form of dollar cost averaging where the client deposits a fix amount of the investment into a long term instrument. Usually it is EFT or funds for 20 years.
Quick thoughts on the market
I was on business travel to United States in last weeks, and have chances to see the impact of Crisis to its economy. As taking chance to study the market analysis from other known analyst, it all supports a topping for now, and need to prepare for the next wave of storm. I have almost clean up my holdings into cash/bond.
This one is a very good insight report for free.
ZT: Staying Positive Amidst the Global “Meltdown”
Original post from: Value Investment
(Comments from puzzlebird: the more I look into the current situation of financial crisis, I more I believe it is a great opportunity for us to grow rich when everybody is in panic)
The recent global stock market meltdown and the persistent and pervasive bad news in the media has made many of my peers and relatives worried and frazzled. Reading about retirees losing their life savings and people losing life fortunes to the stock market isn’t exactly uplifting news – it all points to dark and dreary days coming up and probably a lot more pain and suffering for the man on the street. However, thinking about things in perspective, having such a deep recession may actually be a good thing (I will elaborate further) and that it may not affect me as much as I previously believed. These are some of my thoughts on how to stay positive and how to weather the economic storm.
Buffet invested 50B USD to Goldman Sache
Buffet invested 50B USD into Goldman Sache, and the market bounced back immediately. Does it mean the bottom of the financial crisis?
ZT: What to Make of the Current US Financial Crisis
From: fundsupermart
A lot of people are probably worried about the current US financial crisis. When even giants like Lehman Brothers and AIG fall, what financial institution is safe? Never has the US financial sector seen one financial institution fail (Lehman brothers declares bankruptcy), another bought out (Merrill Lynch sold to Bank of America), and another taken over by the government (AIG receives US$85 billion cash infusion from the Federal Reserve, in exchange for 80% control) within the space of one week. It seems no financial institution, regardless of size, is immune from the ongoing turmoil. Understandably, a lot of investors are very worried right now.