We learnt so much from the valuable sharings of Panel Discussion in meeting , it was truly an amazing experience; the main points included:
1. stay liquid, keep cash for investment or rainy days
2. we are entering into an era of uncharted waters, unsure of the impact of the current financial crisis on the world economy;
3.It may be good to consider investment in gold, commodities; equities provided if we are prepared to take a 3-year view
4. recovery may take 3 years or more
5. keep cash for distressed sales
6. irrational exuberance is one reason that caused the US to go into financial problems; other reasons include: lack of regulatory controls, easy credit, low savings rate;
7. Malaysian insurance firms and banks are relatively safe;
8. diversify some RM into USD, Japanese yen, swiss franc
Once again, thank you Mr.Mohamad Abdullah DTM, Benjamin Loui ACS, Mr.Wong Kah Teck as we all did enjoy the session !
1. stay liquid, keep cash for investment or rainy days
2. we are entering into an era of uncharted waters, unsure of the impact of the current financial crisis on the world economy;
3.It may be good to consider investment in gold, commodities; equities provided if we are prepared to take a 3-year view
4. recovery may take 3 years or more
5. keep cash for distressed sales
6. irrational exuberance is one reason that caused the US to go into financial problems; other reasons include: lack of regulatory controls, easy credit, low savings rate;
7. Malaysian insurance firms and banks are relatively safe;
8. diversify some RM into USD, Japanese yen, swiss franc
Once again, thank you Mr.Mohamad Abdullah DTM, Benjamin Loui ACS, Mr.Wong Kah Teck as we all did enjoy the session !
Thank You also GE Shiela Wong DTM, TME Stuart Tang ATMB and Speakers Kenneth Shee TM, S .KHOR TM, and Our Guest TM Pooyan from NLF ..you all made the night a Success !!!
DU ADvanced Exco TEAM
