Its a holiday in Qatar on account of it being a Friday and here I am sober in the afternoon,for a change. Just had a good meal and feel on top of things. Amazing thing, the internet and blogging and youtube and all that. Ordinarily, the moment I start ranting about this and that L pokes me in the ribs to remind me that I am getting ahead of myself and and losing my audience. The best thing about this blog thing is that I can get on to my soap box and carry on regardless of everything and not live in fear of being called loud or worse, a BORE. The problem with being highly opinionated is that you get the urge to force the self same opinion down everyone's throat and want to be appreciated and called clever while doing it.Here I am , at peace, able to rant about anything and everything... Will wonders never cease?????
Sold some stocks yesterday. looks like the whole market is going to hell in a handcart. All other investments and assets along with it.To think that a few months back we thought that diversified investments were the secret. Looks like a few years savings have been wiped out. Good for the poor. At least at these times they dont have to worry about losing anything when they had nothing to lose to begin with. A few people I know have ended up with negative equity, which is worse than poor because the poor idiots have to pay all that before they can call themselves poor or zero wealth.
So my two rupee worth of investment advise is simple. When you feel the urge to go out shopping lie down till the urge passes. At this point the best option is to batten the hatches and circle the wagons till the whole thing passes. I reckon its going to be a good two years before anything looks up. And if anyone out there thought that we have seen the worst they had better gird their loins for whats conming next. It's going to get a lot worse....
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