Ten years have passed since the collapse of Lehman Brothers. Did the world learn anything from the 2008 financial crisis? Are we heading for the next economic disaster? Rush in quick. Get out fast Speaking to CNBC's "Crisis on Wall Street: The Week That Shook the World" documentary, Warren Buffet commented that another financial crisis is inevitable because of human … [Read more...]
When is the next market crash?
Someone threw the million-dollar question to me at a recent Q&A session: When will the market crash? As they said, the answer ranges from imminent to most likely to happen in these two to three years. All markets have cycles, ups and downs, booms and busts, peaks and bottoms. Nothing can escape this, be it the economy, equities, properties, bonds, currencies or commodities. … [Read more...]
Tis the season to spend future money?
With the countdown to Christmas well underway, the whole retail industry is in full swing to fill up this joyful festive season with a shopping atmosphere. 50-month installment to own a luxury watch I was reading the newspaper early last week when I came across a half-page advertisement about a 50-month 0% interest installment plan to buy luxury timepieces. It is a joint … [Read more...]