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?
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