I’m so eager to buy equity. Yes, stocks.

“Be greedy when others are fearful, be fearful when others are greedy” Warren Buffet.
Don’t stop reading; this post is not all about me reciting the sage of Omaha.

Now, the sage has billions and billions of dollars, people followed his words like prophet. But true to how people follow prophets, people only recite the words, but never put those words into action.

Is there fear in the market? In abundance. Abundance of fear. So, it is time to start having an abundance of greed.

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Hedge your cashflow with a side business – part 1 – What do we need to start one

By Sendy – 21 October 2008

So, you have a job, that gives you a income stream, and regardless of your satisfaction with the amount of the income (most probably you’re not satisfied), it’s important to recognize a more damning fact, that it’s just one source of income.

Now, this represents a risk, if you only have this one source of income, and that source income goes down the drain, you’re entire source of income also goes down the drain. Leaving you with no option but to tap into your savings to maintain your lifestyle while you look for a new job. Baadddddd. This is a double whammy, not only your income move from positive to nil, your asset also move from dismal to even less.

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