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The Next Great Market Crash. Andrew Chia. 30 August 2011. Be prepared!. Economic outlook "We are now, I fear, in the early stages of a Third Depression. It will probably look more like the Long Depression than the much more severe Great Depression."
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The Next Great Market Crash Andrew Chia 30 August 2011
Economic outlook "We are now, I fear, in the early stages of a Third Depression. It will probably look more like the Long Depression than the much more severe Great Depression." - Paul Krugman (winner of Nobel Prize for economics 2008)
Governments are running out of ways to counter a "massive slowdown" or the risk of a double-dip recession. - Nouriel Roubini, economics professor at New York University’s Stern School of Business. (Voted #2 on Prospect Magazine's list of the world's 100 greatest living public intellectuals in January, 2009.)
90/10 Rule of Success There are two main types of investors in the stock market - smart investors and retail investors. Smart investors make money; retail investors suffer losses most of the time. As the market saying goes, only one out of ten investors make money. - Ooi Kok Hwa, The Star columnist
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years. - Warren Buffett, the world's greatest investor
Thank You More financial intelligence at, AndrewChia.com Financial intelligence for the uninformed Books, Seminars, Workshops Acknowledgements Galaxy Connections, readers of Money Secrets and Money, Greed & Power, Money Lessons, Crystal, Galaxy Public Speaking Academy, friends who assisted in this presentation.