We have been seeing recession for quite sometimes and I have been thinking of the changes, if any we have made in our life style to prepare for better days.
We have achived the goals we have set for ourself in 2005 when we decided to move to Phipippines but the goalpost has allready shifted. We want more and it will continue to be so.
The biggest thing that we realise has happened is that we wish to settle in Singapore or US or EU. I absolutely dont have any clue how to make it happen at this point but I believe with prayers, extraordinary opportunities will appear for us to realise this goel.
We are now realiseing us to be fortunate to be working in old economy. In the growth phase last several years, the new economy guys made money and we used to feel left out. However, the same guys are hurt the most now with the recession. Old economy, core good based compnaies will be last to be hurt in the recessions.
We are not splurging as much as we used to do. We are buying the same product but cheaper brands. We honestly dont see much difference in the value we get from these brands.
Biggest change I feel is that we dont know where to invest now. Its quite confused time now.
When will the world economy start turing around? I believe it will by the end of 09, the market will bottom out. This is based on just gut feel but I will be in market around that time.
Tough times dont last
The world economy is in a mess and in this mess lies great opportunities. Ones who can guess when the bottom is reached will be very very rich when the economy turns around.
09 so far has proven to be tough year for us.
Our contract would end in Sept this year and we will have move to another country. When we came to Manila, we were hoping for a EU stint afterthis but given the recession, US and EU seems to eb out of bound.
It seems we might have to go back to India. Not something, we are very happy about. Looking back, ones educations seems to be planned very well and mine were not.
The parents got a role to play and one got to be lucky to have parents who are clued on to the world.
Even then parents can go wrong or the children may not follow their advise. When its too late, lot of realisation dawns.
Im not sure what should I do onwards. An MBA? Cling to the job and try to grow in an increasingly contracting organisation?
Even investment planning is difficult when on lives as expat with no clarity on what lies in future or target place to settle.
All we can do is pray and Im sure prayers are always answered.
Life's uncertain. Few days back, Himangshu slept and didnt get up. He left behind Henna, two children aged 18 and 10. I chocked listening to it wondering how they will manage. Our prayers are with them. Since then, every night while going to bed, I pray for a long live for ourselves. Also I pray that live be good for everyone.
Wonder why God made the world so unfair and uncertain.
09 so far has proven to be tough year for us.
Our contract would end in Sept this year and we will have move to another country. When we came to Manila, we were hoping for a EU stint afterthis but given the recession, US and EU seems to eb out of bound.
It seems we might have to go back to India. Not something, we are very happy about. Looking back, ones educations seems to be planned very well and mine were not.
The parents got a role to play and one got to be lucky to have parents who are clued on to the world.
Even then parents can go wrong or the children may not follow their advise. When its too late, lot of realisation dawns.
Im not sure what should I do onwards. An MBA? Cling to the job and try to grow in an increasingly contracting organisation?
Even investment planning is difficult when on lives as expat with no clarity on what lies in future or target place to settle.
All we can do is pray and Im sure prayers are always answered.
Life's uncertain. Few days back, Himangshu slept and didnt get up. He left behind Henna, two children aged 18 and 10. I chocked listening to it wondering how they will manage. Our prayers are with them. Since then, every night while going to bed, I pray for a long live for ourselves. Also I pray that live be good for everyone.
Wonder why God made the world so unfair and uncertain.
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