Recession in 2009

It has been a month that I didn’t update my blog. (very very busy) I started to learn a lot of new things like playing share with quick cash method, piano music (training my brain), offline sales marketing and follow up the rest of the investment like unit trust, property and etc. The market getting slow down because some people has lost their job and pay cut. Many people trying to spend less and save more. Some MLM company aim the timing to attack on those factory worker. I personally attended a MLM presentation recently. Most of the people there, are the factory people. They want to earn extra money before they’re the next to be fired. I didn’t join the opportunity. To me, there’s no any company is the best and make you most money. It’s depend if that opportunity comfortable for you. I have been very very busy doing my things, so I probably don’t have extra time to spend on doing presentation to recruit downline in this new opportunity. Everything is slow and getting worst. Like stock market, today in Malaysia, the share index drop 18. Right now the index remain less than 900. Last time index over 1000. (drop almost 100++ since the recession) It’s the best time to entering into the stock market. “Buy low sell high” (right now the price is very low) I met some of my friends, some of them worked as salesperson. They told me that the market very quite. That’s true. I went to my uncle company that their business is to supply tools to factory. My uncle sat in the company and I ask “Didn’t go out to meet customers?”, and he said “The market is very quite and no order from factory”. Since the market is getting slower, there will be less cash flow in the market. I would advice to spend only it needed. Cut down the unnecessary expenses and do more good investment like saving or any insurance investment plan. If you’re not good in investment, then I suggest you ask from those professional finiancial planner to design a investment plan for you. You can find them from bank or insurance & investment company. Mostly they will design a long term investment for you because you don’t have the time to monitor your money. Unless you’re business owner or have extra time like me, then you can monitor your own money on many investment like Unit trust, share and etc. My personal advice: NEVER EVER involve HYIP on the internet (High Yield Investment Plan). HYIP will always offer you like 3% interest or 10% interest per month. A few attractive investment plan that ask you to throw in your money. NEVER EVER trust in this investment. If you have already invested money into HYIP, then what you can do is just pray they pay you the money before they shut down their website. I have see many HYIP movement, some shut down their website in 3 months, some 6 months and the longer is after 2 years. I don’t want to speak out the name that the one last until 2 years but if you’re live in Malaysia and have notice the newspaper last few years back, then you will know which HYIP website. (many people lost their money in this HYIP) I cannot give any advice on how to overcome and ideas to make more money because the readers are from around the world and different people has different situation. What I can share is how to make money online, using internet to make extra money. I will create a small ecourse (maybe free or charge a small fee) that teach how to make money online without spending a single cent. That’s right, no need to pay advertising or buy website. It’s just a simple small ecourse that won’t take you much time to learn. Stay tuned for my small ecourse release. NEW UPDATE: Click Here To Download The Special Report “DIY Make Money Online Easily” [tags] recession time, make money online, hyip, investment plan, buy low sell high [/tags]

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2 thoughts on “Recession in 2009”

  1. Have to agree with your take on HYIP. They are a disaster. Playing on peoples hopes and dreams.

    All money making is made by working smarter not necessarily by working harder. Although that is not to say you do not have to put the required hours into it. But anything worthwhile is worth working for if you value it enough.

    Thank you for bringing up the HYIP theme . So many people get caught.

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