http://edition.cnn.com/2008/BUSINESS/01 ... pstoryview
*checking out Apple Orchard*
the message board for Dubai English speaking community
St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal
^ian^ wrote:St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal
It is not in recession until you have 2 successive quarters of negative growth.
Until that has been announced it is not a recession.
Edit: I should elaborate this is not a speculative question.. it just simply either is or isn't in recession. No maybe or grey areas.
St.Lucifer wrote:^ian^ wrote:St.Lucifer wrote:Lot of people r watching and getting involved in the monkey trick of stock exchange.. And one US recession can still send out world wide vibes.. thats a powerful economy.. but sadly not a very positive signal
It is not in recession until you have 2 successive quarters of negative growth.
Until that has been announced it is not a recession.
Edit: I should elaborate this is not a speculative question.. it just simply either is or isn't in recession. No maybe or grey areas.
My bad .. a probable recession singals sent out by some agency..
St.Lucifer wrote:what ever said.. ppl all over the world.. especially in India n back home.. are loosing money..
shafique wrote:A few choice nuggets of advice I have read are:
"Never invest more than you can afford to lose."
and
"The most expensive words in the English language are 'This time it's different' "
Cheers,
Shafique
what ever said.. ppl all over the world.. especially in India n back home.. are loosing money..
St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..
shafique wrote:St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..
Investing in a stock market for capital gains is no more than gambling - hence one should not put in money one cannot afford to lose. This is rule number 1 of investment.
Unfortunately, this is not the only 'fundamental' rule that people wishfully think 'does not apply this time'.
Cheers,
Shafique
shafique wrote:Doh! Silly me.
Next I'll be saying something sillier like 'lotteries are gambling'!
If the price of oil hits $150 there's a lot of screwed cats.
shafique wrote:St.Lucifer wrote:Sadly one cant afford to lose any of one's investments..
Well.. gotta see how markets are gonna react to the interest cut news..
Investing in a stock market for capital gains is no more than gambling - hence one should not put in money one cannot afford to lose. This is rule number 1 of investment.
Unfortunately, this is not the only 'fundamental' rule that people wishfully think 'does not apply this time'.
Cheers,
Shafique
St.Lucifer wrote:stock market being compared to Monky trade..