Comments on: 5 Tips for Surviving a Recession Unscathed

By: Vivienne Quek

Vivienne Quek — Sun, 08 Jun 2008 06:50:57 +0000

Rice & cooking oil price in Asia rocketed and many scrambled to the supermarkets to purchase before they go any higher. Some supermarkets’ shelves were emptied. Such unnecessary buying is actually going to drive the price higher.

By: Hanna

Hanna — Tue, 03 Jun 2008 20:09:02 +0000

for #2, when would you say would be the better time to purchase a house? I’m getting married in October 2008 and am considering to own a house. But I’m not really sure when the time should be for the purchase.

By: Hrishikesh

Hrishikesh — Tue, 03 Jun 2008 14:15:18 +0000

I agree a second home is an avoidable proposition in these times, given the risk. Real estate is a buyer’s market – The seller is the one who has to do the grunt work of getting the deal through.
Perhaps you could add something about investing in volatile stock markets. Even though a recession-like situation warrants more liquid funds, we need to keep investing in something !

By: Stijn

Stijn — Tue, 03 Jun 2008 13:14:42 +0000

Another good idea would be to invest in Gold. Compare the trends of gold with that of the economy and you’ll see it’s the most secure investment in uncertain times. (At least that’s what four years of studying economic history tought me.)