What you can do about the finance crisis

Posted by Felix Geisendörfer, on Oct 09, 2008 - in Everything else » Quickies

Work hard.

Block out the news as much as you can.

Know that every investment you make now will pay off unbelievable ways if you are serious about it.

-- Felix Geisendörfer

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8 Comments

Nik on Oct 10, 2008:

I would say - get upfront payments from financial business companies, because, who knows, it's possible they couldn't survive in the storm :)

Invest in gold, and cakes

Felix Geisendörfer on Oct 10, 2008:

http://www.intelligentrecords.com/Comments/WhySoSerious.jpg ?

: )

dr. Hannibal Lecter on Oct 10, 2008:

Heh, what finance crisis? :-P

Nate Todd on Oct 10, 2008:

Yeah, you guys are getting hit pretty hard right now in Germany. Here's hoping things go well for everyone!

Silver Knight on Oct 10, 2008:

This is quite wise advice, Felix. I also echo Nate Todd's sentiment in hoping all goes well for everyone.

Steve Boyd on Oct 12, 2008:

Invest in a Porsche

Then there's no way you'll lose your savings because you won't have any to loose =)

Felix Geisendörfer on Oct 13, 2008:

Steve Boyd: Good advice, but they said I can't buy it on credit : (.

SayB on Oct 13, 2008:

these days media does a good job enhancing the effect of things, so for instance you've suffered 40% damage, the news is going to make it look like 70% ... and frankly that's the whole model for the media industry, more viewers == more profit - don't know about Germany, but do certainly for the U.S.
Felix you are right, one should avoid the news, I experienced it, if I watch the news, it wouldn't let me concentrate on my work. There's just too much gibberish to be filtered from the real facts.