Recession Is Here But You got to Keep Faith!

The world seems to be crumbling down!

One industry after another in US is seeking tax payers money to bail them out! Its a classic case of everyone paying for someone greed, stupidy and sin!

Bailout is happening in US as well.

Oil is down but inflation isnt!

The first signs of trouble in Asia have emerged from its stronger economies- Japan, Singapore, China.

I believe the true story will play out in Asia by middle of next year.

Most of us born much after 1929, the last big recession, dont have a reference point to understand this.

Is all lost?

Our share portfolio value has halved.
The flat we have in Mumbai would have a lower price for sometimes.
Rupee is down.

Its a tango of currency, gold, property and shares.

Tempted to call it a zero sum game, at this when time is bad. But thats a really huge blessing if thats so!

I believe not, we hope not.

We are now caught in the downturn of the economic cycle and this (hopefully) will aos pass.

My prediction is but the end of next year we will begin the reverse jounrey!
That is the time one should buy a flat and start buying shares. Till then, may be a good idea to buy gold.

Since people horde gold, its unlikely to devalue to any significant level for any significant time.

Im no expert, what Im saying is based on the little I have learnt dabbling in these things.

Ok, never trust any expert with you money is the solid believe that has got reinforced for me. There we allsort of experts predicting massive levels for all the indices and now wonder where are the hiding and what are they doing?

Above all, believe one has got one life to live and make sure every moment is lived to the fullest with complete committment and honesty.

Good days are not that far away!