Friday, October 10, 2008
Title: Recession
Hmm...read the news today...and its official that Singapore will be in recession after 6 yrs..GDP expected to drop to 3% and our PM warns Singaporean to be prepare for "rough" rides ahead...been watching the Stock market closely as well..even with the interest rate cuts , most are stilll dwn..must be due to the sentiments of fear by investors..Call for worry?...yes and a lil i supposed..maybe more of planning effectively to curb this period..market always falls 6-10 yrs...dats the pattern if we notice...last Asia recession was 1998..and think on 2000 economy fell again due to China was it?..didnt remember the facts realie well there..Im planning ahead as well..reviewing monie matters especially..making the right move and call is always critical..being ignorant wont help at this age where we are affected by whats to come and will only end us in trouble..what we plan and the move we make will play a role in our money matters..."dont bite off more than what we can chew"...dats the golden rule to remember..do not buy things you cant afford to pay off esp,stop with the swiping of credit cards and rolling it over to next mth...realie realie calculate what we can or cannot afford to avoid trouble..anohter golden rule is..."never take for granted our job will always be there"...NTUC warns singaporean retrenchment and pay cuts are to be expected in this period...hmm...so having spare cash to last another few mths in times of retrencement and emergency is also essential...thus,having a proper budget is important...brought a pkt of milo and it cost a dollar!!!bloody hell..so expensive..used to be 80 or 90 cents if im right..o well..nothing much rite now except preparing to start smthin new soon..cant wait to be out there..and also preparing things for next year..what is it?..haha..it be a surprise...gtg now..probly later i go to granny house to take a look on how she is..esp after news that my aunt diagnosed wif cancer came out...a lil shout out to my frds..
kai: thanks for lunch yesterday...it was nice catching up wif you bro...ansar: sibukkkk betul kau eh?..one day kita tiga duduk minum teh and bual2 k..dah lama tak jumpa 3 of us...lan: thanks bro for the info tadi when i called..to rest: have a gd day ahead...last and not least..to my dearest angel, siti arfah..
we stand together in this preparation k dear..dats what we need to do..battle will be half lost if we cant work together..half won when we work as one...ppl always say we look good together rite?..we show them we dont only look good but we are indeed good together..i love you dear..space out...
me
Rest My CaSe at 3:58 PM
