The markets are crashing. Are you scared of losing your job? I hope you're not in the engineering or finance sectors. Which company are you working in?
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Originally Posted by Unregistered
I didn't use CPF funds to buy shares, but nevertheless I have substantial cash invested in the stock market. I did use some of my CPF money to pay for our second condo. Today's STI decline wiped out another $28k! Ouch! Don't know how much blood shed there will be, but at times like these, I am really thankful I am still working.
Not sure if the declining market will lead to collapse in the economy. If so, it will lead to vicious cycle continuing stock market decline and shrinking economy and loss of jobs.
Scary to think about it. |