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Friday, February 13, 2009

smart-ass & credit crunch!


One of the biggest lesson i learnt from Rob Kiyosaki is that there is no such thing as a bad time to invest. From the Maddock ponzi scandal, to the global credit crunch, job cuts and economic recession, it seems that there is no end to the announcement of doom allover.

In reality when things like this start happening and the world hits the panic button the smart asses realise that smfin very significant is happening:
"money is changing hands"
so in reality real estate that used to go for bout $6000 would now sell for say btw $1200-$2000, Stocks come crashing down and the wise ones knw its time to move in while the chicken hearted bail.
Now i do not expect you to misconstrue my statements above for insensitivity to the plight of those who have been badly hit by all the drama.

In summary its not all bad in my opinion all it takes is a little time the the brave who moved in by faith would see the benefits plus the real reason its called credit crunch is cos pips still get to eat alot out of the situation.

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