Looming Recession?

Malaysia's projection of growth for next year remained positive, slightly over 3% as forecast by a number of local institutions. Britain's economy is projected to shrink about 0.9% next year. It is said to perform worst than the USA and the other member countries of the G7. So, does it look bad at all? Since, only the G7 will be experiencing somewhat 0% growth. Which means no growth, if we were to look at it more optimistically. Citizens of the world, this is bad news.

Governments and other financial institutions are doing their best to boost investors' confidence by assuring stable economic situation, sound financial sector and a host of other crap. They are not going out to lie or cheat you. They are only diverting your attention to something more appealing.

So, what should we do?

I don't actually know what's best to do now. However, I think it is best to save some money and be on the look out for investment opportunities. When the time is right (which can be never) put an amount of money you are willing to lose (just in case your investment goes bust) into the "safest" investment portfolio. As you can see, I mentioned the "safest" but not for some dumb reasons. Remember, never put all your eggs into one basket (that's if you have anymore eggs left). For now, I'm saving some eggs for the basket...Looming recession? I say, time for opportunist!