Posted by gray > 2014-10-11 00:46 | Report Abuse
EU tanked.
US tanked. rebound 70pts only. Nasdaq continues to tank.
Truly The Age of Extinction.
No result.
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save malaysia!
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BFM Podcast
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,429 posts
Posted by calvintaneng > 2014-10-10 22:02 | Report Abuse
VERY GOOD
STAY INVESTED IN GOOD COMPANY STOCKS
THIS BUDGET IS EXPANSIONARY & INFLATIONARY.
VERY GOOD FOR THOSE WHO INVEST IN HARD ASSETS LIKE PROPERTIES & SHARES.
VERY BAD FOR THOSE HOLDING CASH. WHY?
1) 20 CENTS RON95 PETROL INCREASE ADD 10% TO INFLATION
2) 6% GST MEANS INFLATION NEXT YEAR WILL ACCELERATE TO 16%. IT DOESN'T TAKE A ROCKET SCIENTIST TO READ THESE FINANCIAL IMPLICATIONS
3) CASH IN BANK AT 3.25% INTEREST RATE IS SUICIDAL TO YOUR FINANCIAL WELL BEING.
4) TTB WITH ALL HIS FEARS ARE DRIVING PEOPLE INTO THE SO CALLED SAFETY OF CASH - WHICH IS NOT SAFE AT ALL. CASH WILL CONTINUE TO BE RAVAGED BY HIGH INFLATION IN THE FORESEEABLE FUTURE!