Today stock market continue to tumble, with lots of discouraging words from investors. I could see that the impact is slowly flooding into Asia, with news shifting focus to more towards Asia stock being affected.
Straits Time front page showed an Indonesian trader in distress, followed by negative news. Apparently we are not out of the wood, the market is still bearish.
I wonder how well cushion is Singapore. Are we facing another 97 or 03 crisis, or is this going to be worse than that?
All this crisis make me realise that we should have other source of income other than our full-time job, so that in the event should anything happen one will be cushioned against, rather than waiting for govt to help.
Despite saying so, I still have not figured out my other source of income. Look like have to rack brain........
Thursday, October 9, 2008
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