Thursday, February 05, 2009

Whats up with the economy?

Well comments on economy seems like a joke from someone who doesn't understand much of it but the fact is not the commenting or debating of the so called global recession or slowdown but feeling it in our day to day lives...

Mortage rates are down but the real estate appreciation has fallen badly..does it make sense to refinance? No, absolutely not..just ignore the gimmicks thrown by media..

Job switching...hell NO!

Spendthrift habits - Change them now or never..

Stocks - Diversifying the portfolio - Will that matter when everything is hell bend! No

Savings - YES, YES, YES..

Real Estate investments - has ruined me....

3 comments:

Unknown said...

words from the wise there...very true..

Unknown said...

heres some more from the other wise in the world....

Hard work : All hard work brings profit; but mere talk leads only to poverty.

Laziness : A sleeping lobster is carried away by the water current.

Earnings : Never depend on a single source of income.

Spending : If you buy things you don't need, you'll soon sell
things you need.

Savings : Don't save what is left after spending; Spend what is
left after saving.

Accounting : It's no use carrying an umbrella, if your shoes are leaking.

Auditing : Beware of little expenses; a small leak can sink a large ship.

Risk-taking : Never test the depth of the river with both feet.

Investment : Don't put all your eggs in one basket.

Sandy V said...

Yeah Warren Buffet still has a lot left in his myriad thoughts around finance, investsments and economics