18
Sep
08

market crash.. no, its “CRASHING”

Im just impressed at the fact how BLOATED the finacial market is and was.

Indirectly, someone (including me) may lose job even in Australia as a result of these crash.
Directly, my savings (mainly super annuations) are decresing at alarming rate which I can not control.

I do not wish to use the term “shit happens” as yet. Why ? because many thinks this is not OVER yet. worst is yet to come.

Bad news is that I may need a new job soon…

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1 Response to “market crash.. no, its “CRASHING””


  1. 1 Tesh
    September 18, 2008 at 5:16 am

    Anything in the market is not “savings”. It’s just a slow burn gambling system. If you truly want to save, put money aside where it won’t lose to speculation. You’ll lose to systemic inflation, but at least market volatility like this won’t screw you over.

    But yes, it’s going to be a wild, hairy ride. Don’t forget your towel.


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