Thursday, 13 November 2008

financial meltdown

seemed like things are getting worst. amongst my friends, everyone was saying how they had lost between 40 to 80% of their investments. and knowing them, being in the civil service for 20 over years, the sum per individual could go into millions... for me, it was much much much much lower cos i don't even have a quarter of a million in my investments... and coupled with my housing loans, car loans and so on, even if i were to surrender all my investments to fund my loans, i would still be in debts...

well, perhaps you may call it lucky that i don't have that much monies in investment... or you could call it unlucky cos all my life, i had been a born loser in terms of managing money... buy house, house price crash (been over 10 years and i have still not even break even!), buy car, car price depreciate, buy 4d, number never comes out... invest my monies, market crash... you name it, i've lost it.

so, am i worried about my investments? well, yes i admit i am, but somehow, i just do not feel so panicky about it... could this be due to my strong belief in the buddhist principles of non-attachment? that monies are only important insofar as providing for the basic needs... that anything above what i need for life's basic are deemed luxurious and thus superfluous?

well, may be, may be, may be... argh... whatever.

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