I was talking to a friend about the leaner times now and my friend said to brace myself for worse times later this year. According to him, more people will be losing their jobs, these people whom were already given the pink slip earlier. When I told him that I do not see much of an effect on prices of properties and cars, he told me to just wait. There seem to be no change because people still have jobs. That makes sense.
Anyway, I think that while times may seem bad, for those who have spare cash, this is an awesome opportunity for them to catch up in terms of wealth with those cream of the crop. As their wealth plummet and they are forced to let go of some gems, those who have cash in the bank could pick up some pretty neat assets at low prices.
Well, unfortunately, even as these may seem like pretty good deals, they are still way out of rich for me. Sigh, BIG SIGH!
Source: The Independent UK
Anyway, I think that while times may seem bad, for those who have spare cash, this is an awesome opportunity for them to catch up in terms of wealth with those cream of the crop. As their wealth plummet and they are forced to let go of some gems, those who have cash in the bank could pick up some pretty neat assets at low prices.
Well, unfortunately, even as these may seem like pretty good deals, they are still way out of rich for me. Sigh, BIG SIGH!
Source: The Independent UK
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