Monday, October 20, 2008

Might be good time...

I know that with the economic going down, it's spell good time to buy stock at discounted price, maybe not this year, but next year.
Now we just step in recession, so I presumed it will spiral down abit, before it rebound. So next year might be a good time to buy share at low price, especially blue-chip stocks. Buy low, sell high, it's a good profit.
But problem is I've not sufficient cash to invest, due to my divorce. I'm also worried what if next year not as what I've assumed, I might lose all my money. With divorce underway, the last thing I want is to risk all my saving. Still there's the temptation of reaping profit out of the bad time.
It's the best time to invest, as their market value will be inflated, and your profit will be maximized when the market pick up, but that's also provided if you have the spare cash flow to move.
If not for divorce, I would have the spare cash flow, but now everything is uncertain. There's the risk I've to take. The possiblity of losing or insufficient cash to furnish the children lives. It's a risk I've to ponder. Without him contributing a single cent to the children or family, my money is tight.
For now I'm going to continue monitor the market and think seriously my risk. Hopefully my analyzing skill not that bad...

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