we are witnessing the redistribution of wealth.
theres always a buyer. abc tanked, yet jp morgan steped in and now own lotsa childcare centres. operations go bust, re adelaide mitsubishi, but other outfits will snap those workers up. if china werent growing expodentially i'd be worried. same for india. next will be se asia.
they all need materials and energy. they dont need dodgy financial plans from debt ridden investment glass houses.
im quite happy to be invested in the likes of roy, gbg, qol, and another wee iron miner that rhymes with futon.
gotta have some cash on hand though. we might still be asking 'how low can we go' in 6 months time!
alas, we all want to buy at the absolute bottom.
not gonna happen. not to me anyway...
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