Tuesday, January 13, 2009

The Perfect Storm

The ultimate measure of a man is not where he stands in moments of comfort but where he stands at times of challenge and controversy – Martin Luther King

This is it - the perfect storm! Chain of global events for the past year – bankers’ greed sparked sub-prime and financial crisis, commodity speculators’ twist and turn, high profile fraudsters (Madoff and Satyam), Middle East war criminals plus the unimpressive domestic politicians’ antics have aggravated the situation drastically.

For those in the mid thirty to early forty, it is the once in a life time chance to capitalize on the storm. The next perfect storm might hit our shore in 10 to 12 years time and by then; most probably we would not have the energy to come out of it alive! In brief, we will be too old! The previous big wave, post 97-98 Asian financial crisis – most of us had just joined the workforce – too ‘young’ to gain the most benefits.

It is the moment to stand up and be counted. Personally, I believe the storm is still heading south until middle of the year. So start arming ourselves with the surfboard and be prepared to ride the upward wave! Look around for bargain in property and share market! It is now or never!

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