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Saturday, March 29, 2008

Financial Crisis: Is it a lost or a chance?

blog readability test

Movie Reviews



I recently did a check on my blog readability,"My Blog Readability Test: What level of education is required to understand your blog?". The result, as you can see above, is of genius level. Under normal circumstances, genius is the most desired word to be rated, but in this case, I'm not so sure. If only genius can understand my blog, does that mean people don't understand what I wrote here?


There are always 2 sides of a thing

When people talk about financial crisis, most people will agree that it is bad for everyone. But is it everyone? C is a victim of retrenchment, and he was compensated accordingly. He spend part of the compensation on a landed property, which at that time is at all time low because the demand was low as a result of the financial crisis. After 3 years, his landed property gain 3 fold, and he is now a half a millionaire.

Gaining from Crisis

As you can see from C, one can actually gain from a financial crisis, but are you the one? The most important key to actually gain from crisis and overcome difficult times is to have a big enough reserve funds, and diversified it as you will never know what kind of crisis you may be facing.

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