Of late, I met a lot of old people still working hard and I meant those really old and less fortunate still going around to sell some business. Is this because they are not prepared earlier to retire well or because certain unfortunate situation ?
We will be old one day...just another 20 years from now, have we prepared for our retirement ? or are we going to continue working hard till we are very old ?
We may be earning quite a decent pay or money for now...and we need to plan well for our retirement fund, we will waste our funds. Before planning, we must have aim or goal...what is the goal ? How much do we want for our retirement fund ? (I remember, I have proudly shout for RM3m in excess of my liability at the age of 55 in one of the financial planning seminar some years back. hehehe...)
Recently, one of my girlfriends reminded me of foreign land investment. A tempting with its guarantee return and capital beside currency returns. Then on last Friday, my corporate client informed me about going all out for the Bursa Saham when it dipped to 600points....I can be assured of securing 100% return in 2-3 years time when it rebounds.
Hello...Nikkei just dipped to 26 years low and the siren of recession is ever resounding...but our national leaders are still in state of denial (Negara kita masih imun kepada krisis kewangan...)..luckily we are celebrating Deepavali today, thus Bursa is closed for the day. Tomorrow, do prepare to hear for the worst.
I have been hearing a lot news reminded us to prepare for the worst especially after the new year. Whatever it is, in Chinese sayings...there is always opportunity in crisis. We must not be sucked in by the negativity but prepare ourself to suck the best side of worst. Think about conserving your $$ for better investment tools....
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