the stock market crashed and i might be the happiest ard!

Was waiting to invest more money in China stocks and had a feeling that correction should be happening pretty soon. AND I AM RIGHT! muah ha ha ha...then again, its not a hard one to predict that china market will correct and US will go into a recession this year or early next year. We have always seen how the world reacted to the US stock market..this time..its the China stockmarket that dragged the rest of the world with them. Signs that times have changed and China is no longer a force to reckon with? The chinese are hardworking bunch of people and they have conquered the world in such a short time. Everything is made in China these days and even our beloved italian brands have moved to get their products manufacturered in China for cost savings (but still kept their pricing the same as before!)

Since I'm only 26 and havent seen many recessions, what do people actually do when they feel that a market's going into recession? Do people actually pull their money out and sell? Well seems like the smart choice cos by selling, at least they won't have to lose a cent. It's been such a bullish market that isn't it a good time to pull out since there's more to lose than gain? And during a recession, would it be better to pull that money out and invest in real estate after prices start coming down and rent it out in the meantime before the market gains momentum again? any ideas anyone out there?

its been a long time....

I've been travelling for the past 3 weeks and I have to say it was a fantastic experience! Was in Melbourne for 10 days and Singapore for 2 weeks. Melbourne's great! Love it and we're thinking of moving to melbourne within the next 6-12 months. Fingers crossed! Had the yummiest coffee tiramisu at a restaurant in Crown as well! Singapore was a totally different cultural experience since its Chinese New Year. Did lots of shopping as well as they had my favourite four letter word 'SALE' everywhere! Didn't even have to go far hunting for bargains. Bought lots of geeky stuff. Love my new DVD player and it only cost me $90 for a Pioneer! New casing and leather case for my nano and nokia too! Will definitely be back in Singapore soon!

The only bad experience was on my way to Malaysia. It was only a day trip but I believe I ate something that agitated my tummy and had minor food poisoning. Rushed to the bathroom to puke before we left Singapore too! In Malaysia, you have to go to each bathroom you see because you never know where the next bathroom is! And the toilets are absolutely disgusting! You feel like puking even if you are well! For a start, you have to squat to use the bathroom! The worst was that you can't flush which is why a lot of the toilets have a huge tub filled with water so you basically use the scoop and wash whatever waste down. YUCKS!!!!