- Brokers Report: Scientex - Expansion Plans Progressing Well
- Market Daily Report: KLCI ends higher in tandem with regional markets
- Brokers Report: Tenaga - Again Taking Over Another IPP - Track 4A
- Market Daily Report: KLCI up with US stocks as Malaysian earnings trickle in
- Market Daily Report: Malaysian stocks stay weak as US bombing in Afghan soured investors' appetite
Monday, February 11, 2008
Earning despite of the economy slowdown....
It's been some time since this blog was updated and suddenly this thing pop up from my mind. The 97 dotcom crash happened more than 10 years ago, and it is believed that the economy will slowdown every 10 years. How do we actually can earn more especially during the economy slowdown? I think the easiest way to earn passive income is and will always be the stock market. However it also depends on the stock selection of investors. Long-term investors will opt for counters with strong fundamentals, dividend and bonus payout. Bonus and dividend can act as side income during the economy slowdown. But how do we know which company has strong fundamentals? Well, the best time will be during the economy slowdown - only during the economy slowdown, you can see which counters can hold up quite well........."Only when the tide goes out do you discover who's been swimming naked", quoted Warren Buffett - one of the world richest man who is known for his unconventional style and frugality despite his immense wealth.
But then again, how many Warren Buffett do we see in reality?
Anyway, it is always wise to make sure that you are not in heavy debt by going into stock market. Because if that's the case, there will be no turning back for you if somehow everything turn against you at that time.
It is wise to be careful during the economy slowdown but also important to take notice of the opportunities that are arising.
There are group of people who make big buck during the economy slowdown while another group heading towards disaster. To be heading the right path means you need to be alert enough to notice any changes in the market, just as in the olden ways during the wars, the Chinese warriors need to master their senses in identifying the weather as it plays an important part in determining the winner.
Read the book on "The Art of War" by Sun Tzu and you will be able to learn that even better.