Sunday, July 5, 2015

Next Financial Crisis on the Wing

     Have you read any news about Greece lately? It was the repetition from the previous crisis started by Cyprus which infected Greece. However, this time the financial problem for Greece is worst than before. The EU want Greece people become absolute slaves. To make it worst, those in power in EU will make this as the reason why every country in EU must give absolute power to central government in EU to dictate their counties' budget. This also mean an absolute power to the central EU. You should guess who are controlling the central machinery in EU. After Greece, there will be another EU country to default in the financial loan obligation. In other words, this is just the tip of the iceberg.

     Anyway, you may say this is just EU problem. But, in my previous articles, I did mention any problem faced by a western country, Malaysia will feel the heat in the next 6 months. After Cyprus crisis, I bought a few properties to hedge against these kind of financial problem. So, this is just a repetition of the same problem. However, you should caution this time to hedge the economy problem by simply buying any property. This time around, the Malaysia's economy already loaded with many debts. You should ponder what type of property and where the property is that immune from the next financial crisis. You still have 5 months ++ to take any action.

     Beside investing in property, there are many other things you can do either increasing your income or reducing your expenses. Either way, it will reward you immediately. Once the storm subsides you can easily invest your excess income. In order words, savers today can easily grab opportunity in the future.

HAPPY PLANNING!

1 comment:

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