Dubai World crisis - What investment strategy you going to adopt?
A new crisis is emerging and this time around it’s coming from Asia. Surprising, the problem is coming from United Arab Emirates, Dubai. Who will imagine financial problem will come from one of the oil producing country?
The problem comes from Dubai World, a global investments company that is incharge of building the palm of Dubai and a few more out of the world buildings and projects.
Dubai World woes is taking another twist as their debts are not guaranteed by the UAE government. This spells trouble as Dubai World may default on its $60 billion debt!!!
This crisis might just be another opportunity for many out there. So what will you do as an investor?
Wait and see
Wait and see for another a week or two and see how the market will react on this issue before making any decision to buy into the stock market.
No need wait and see but we should all out
Waste no time as chances don’t come often. All in, All in.. Gung Ho style and start buying in now.
Let it be
Sit down and relax for the drama to subside as I already have enough in the stock market. Just waiting to harvest my reward when the time comes.
Buy in stages
Chances don’t come often as I wouldn’t want to miss on the boat. Buy in now and buy in more later if the market still continue to go south.
Conclusion
I personally will try to buy in stages if possible but i will wait and see first before buying in stages. What about you?
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