Does this look familiar? 🙂
As at the time of writing this article, Japan is in recession, EU barely escaped recession, oil prices are plunging, USD is strengthening, and apparently will hit USD/MYR 3.5..
Not to mention the impending GST in April 2015, potential interest rate increase early next year.. And there are rumors that certain Oil & Gas companies are having VSS..
Due to the fact that we deal with real estate agents all the time, we’ve heard that some agencies are closing down, and that a lot of agents will leave the industry next year.. And the list goes on.. Sounds scary?
At a time like this, is it a good time to invest in properties? Or just keep the money in the bank, and let the low interest rates rot away your money, whilst hoping and praying that the economy will somehow get better?
There’s no crystal ball to look into the future… And we have no idea how 2015 will be like.. It could be a down market, sideways market, or it could go up. No one knows. What we do know is that, with the right financial formula, it will be a good time no matter what happens in 2015..
For the financially literate, it will always be sunny.. Investors who have been trained will continue locating good deals, and making deals, creating profit, whilst most others will be worried about keeping their jobs, or servicing bad debts..
So What Should You Do Now? If you’ve always been very busy (whether with work or hobbies etc) and you’ve never found time to educate yourselves financially, it’s always a good time to learn.. Instead of spending time worrying, spend time equipping oneself with the necessary knowledge and skills.. Be it in forex, shares, properties, or what-not.
Even in the Great Depression in mid-1929 to mid-1931, millionaires were still minted even when most of the population were struggling to put food on the table. Just do a google search and you’ll find out who they are.. So if you believe it, you can do it..
What matters is Not the MacroEconomics, which is what is happening around you, but the MicroEconomics in between Your Own Two Ears, of which the most powerful supercomputer is residing in..
And if you might like to learn more about property investment, and equip yourself with the necessary knowledge in this period, do check out our main page, www.PropertyFastTrack.com for full details ya.. 🙂
Oh yeah, in case you’ve not connected with us on facebook, this is the url.. www.facebook.com/financiallyfreethroughproperties
Catch up with you soon! 🙂