Hi Everyone ;) I just can't help but see all these write-ups in papers and the news and on TV about the bad times ahead! Why is it that we are so receptible to such nonsense? Put things in perspective and you will soon realise, you are being fed exactly what you need! So, the markets have gone down for the past 2 weeks or so! Sub Prime problems in the US are slowly rippling through to RSA hitting US and others! WOW! anyone would be excused to think it's the end of our times, the financial apocalypse....! Is it really? Do you really believe all the ***** being fed to us to be true? OK, let's for one moment look at this and accept it just for the sake of allowing the majority leading us into believing this is all happening. And? so what? What has really changed in your life that would make you feel so negative? has anything really changed? OK! you have a portfolio that was worth R100,000.00 2 weeks ago and now it's worth R80,000.00! what a loss I hear you say! but is it really a substantiated loss? did you physically sustain a loss whereby you have less money in your pocket? Think again, this loss is on paper only realised if you panicked recently and sold out your whole portfolio! right? But you didn't! so where is your loss??? Wake up and smell the roses people ;) You are being fed a scare tactic that repeats itself in each correction time after time! you are being led to believe this is it!!!!!!! it's all over, pack up, sell up and move on!!! Make no mistake that if you had panicked in this minor correction, someone is now sitting on a nice nest egg ready to cash in when the time is right, and make no mistake that I strongly believe these correction are made to change the balance of power from the weakest to the strongest and by listening to what you are being fed you are doing exactly what is expected of you! Why did I post this? It is my way of making you aware that my belief in our way of life has never been stronger! As you get older and you experience the interaction between people from all walks of life, you soon realise that you and I are not so different afterall. The difference between you and I is that I am able to distinguish between truth and lie, between right and wrong, between fear and greed! For the majority it is fear of the unknown as we are told all sorts of remarkable declines in the markets on a global scale, however we are never told or should I say seriously told: It's all OK and it's business as usual, we just want scare the b-jesus out of you and your holdings! How do I know that? Have a good look at yourself and tell me if this market correction has changed you physically, has it? are you now starving and unable to feed your family? are you not able to pay your bills next week? are you not able to meet your mortgage repayments this month? Well, I am sure none of the above even remotely apply to you! yet we post on this forum of the doom and gloom of our market! I guess I am maybe trying to make you all feel better about something you may feel so strongly about, the decline in our market! At the end of the day, you have your health, your family and friends, you are able to eat and you still have your share portfolio which has declined in value, but really, think about what is that value if not being altered and manipulated by a force greater than you and I on a daily basis! The same force feeding you negative vibes and encouraging you to simply sell because the market is declining, only to for that force to pick up what value you have thrown away! You may think I am raving on, but recommend you reading this post at least a couple of times, you may be able to have a better understanding of what I mean to say. At the end of the day even if my portfolio reduced by 90% in value! I would not sell, I would be crazy to do so, I simply ride it out like the smarter few and take opportunities along the way. I sincerely feel sorry for people that panic in these situations and sell out at huge losses, if only they knew what the real truth is all about! So, let's be the smarter few that don't realise losses and take advantage understanding what corrections are all about! Bid you all a happy and relaxing weekend ;) I know I'll be enjoying mine, smiling when I get up in the morning knowing my portfolio is in decline by as much as 30% at minimum. LIFE IS GRANDE, ENJOY IT
... View more