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Thursday, June 10, 2010

Crisis = Opportunity

I am hearing people talking and discussing about economy recession, market recovery, GDP going up and down, BLR (Base lending rate) going up and down, Inflation, deflation, stagflation. Guess this is what most human do - Complaining and criticising, without taking any afford to improve the situation, simply because they prefer to stay in their "Comfort Zone".

Here, I would like to congratulates those who are complaining about the economy crisis - recession! The bad thing is it is happening and affecting you but it is unavoidable, the very direct impact is your job security, finance interest, personal income, market value of the assets, stocks and the business you own. However, the good thing is at least you are "Conscious" and fully aware about the problem! Now what you should consider is to act or only talk about it, and I strongly suggest you better "WALK THE TALK"!

If we really drill into details and observe, everything is very logical and most of the thing is happening as routine and cycle. Starting from the sunrise to sunset, day and night, 7 days a week, 12 months a year, 4 seasons a year, electrion every 5 years, economy inflation - stagflation - deflation, money being earn and expense, thing just happening in this way - from the very tiny thing happening to ourselves, global and the universe. It is applying to global economy and stock markets as well - Major recession is happening every 10 years and 12 years, then minor economy downturn in every 3 years and 5 years. No matter you like it or not, it is designed in this matter - the cycle of financial system.

Majority of people choose to look at the crisis as pessimistic as they feel, subsequently emerge poorer. However, only a small group of people looking at the other angle - the "Greatest Opportunity" over "Great Depression"! Billions of dollars have been made by those who see the opportunity, and became millionaires or even billionaires! Stock market is where everybody call as "Economy termometer", it react sensitively to economy condition. Stock market react about 6 months ahead of economy, it tends to Bottoming when economy begins entering recession, and it starting moving near top and turning down again after economy recovers from recession.

As Warren Buffett remarked: "Be greedy while others are fearful, be fearful while others are greedy". Thus, anyone of you may have the chance to getting wealthy if you choose to see the opportunity!

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