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document.write("<h5>Dumbest recession moves</h5>");
document.write("Well one thing that the Finance minister or the South African Reserve Bank Governor never bother to talk about is small businesses, it is very easy to say don't spend money but that is not going to help anyone, if you want the economy to work we all have to spend. I am not saying you need to spend more than you can afford or that puts you into major debt but spending is required.<br /> It is a cycle, if we all want recession to disappear, well it is not going to just disappear, nobody has a magic wand, but if we all want to keep our jobs, create jobs and keep our businesses then spending is essential, recession no recession, life has to go on. The most amazing part is the Government has no policy as such to help small businesses whereas the amount small businesses contribute to the economy is huge.<br />So your saying in other words do not spend is wrong, nobody needs to spend on things that they don't need and one doesn't have to spend a fortune.. Simran Kindra");
document.write("<h5>Bad advice</h5>");
document.write("\"The stock market has never lost value over any ten year period in its entire history. Ever! Over longer terms there is no risk whatsoever that a well-diversified portfolio of stocks will lose any value.\" Really? Go do your homework on markets before 1960. Your author talks kak. Fact is, if the the world is heading for a depression, not a recession (something we haven't seen since 1930 - and before that too - the stock market won't be the ever rising money multiplier you say it is. This isn't a blip in a 10 year cycle. This is a pop of a 20 year bubble. Give better advice, if you know how.<br />. jonos");
document.write("<h5>spend not make debt</h5>");
document.write("I think the purpose of the article is to throw caution of making debt or rather unneccessary debt.if you spend it must be with hard cash and not loan money. but right you are, spending and life needs to go on- just don't be reckless. john");
document.write("<h5>Jonos is right</h5>");
document.write("Please look at the following:<br />http://tinyurl.com/cjpet<br /><br />It is a graph of the DOW over the last 100 years. I can see at least 2 places where your portfolio would have lost value over a 10 year period.<br /><br />It is in the financial institutions best interests to make people believe that selling their shares is bad. If enough people sell a share then the supply outweighs the demand and the price drops, and so does the book value of funds that own a considerable amount of those shares.<br /><br />Well diversified in these times means your portfolio will follow the index. Are you sure you want that?. D");
document.write("<h5>Author is 100% correct about not selling your shares</h5>");
document.write("I agree fully with the author of this article about selling your shares.  Why, oh why is this point so hard to understand?<br /><br />The market goes up and down and sometimes it falls dramatically.  But it ALWAYS recovers.  So, if you're a long term investor then keeping your shares makes absolute sense as in the long term their value will recover.<br /><br />If the world has somehow irrevocably changed and stock markets don't recover then property, bonds, cash, whathaveyou will be shot to hell as well.  This situation is the Armageddon situation and nothing less.<br /><br />Don't sell your shares if you're a long term investor.  You'll get nothing for it and when the market recovers you'll start buying again but at the high price.<br />. Pieter Booyens");
document.write("<h5>Check your facts before giving (bad) advice!</h5>");
document.write("\"In fact, the stock market has never lost value over any ten year period in its entire history. Ever! Over longer terms there is no risk whatsoever that a well-diversified portfolio of stocks will lose any value.\"<br />I am a financial planner myself and this is utter nonsense. Check the stockmarkets globally and include inflationrates in your calculations. The last 15 years gains have been wiped out in the last 6 months (in general). In any recession cash is king. Sure, bank accounts do not accrue large amounts over and above inflation, but at least the risk is minimal (short of the bank failing). The way the entire world economy is going to recover is something that remains to be seen. To think you can pick the stocks that will prosper in the near future is delusional. The best advice one can give is to NOT invest in anything you do not understand. Don't forget: where there are winners there have to be losers as well.<br /><br />Avoid debt like the plague, even when the economy recovers except for capital investment such as real estate to live in. Most people have to borrow for that and at least one gets the immediate benefit from it as well.<br /><br />Save as much as you can and spend only what you need for now. Ride out the storm and always keep enough cash to avoid being wiped out. Invest only what you can afford to lose in stocks.. H-E Iken");
document.write("<h5>Surest investment</h5>");
document.write("Years ago I believe the stock market was a good investment. That was before corporate bosses got so greedy and started paying themselves millions they did not earn. My advice is to avoid investing in insurance as this is an indirect way of investing on the stock market. <br />Yes, you need insurance, but buy only the insurance you need and nothing more. Invest your extra funds elsewhere, starting with your own bond. This gives you the highest tax free return. <br />Personally I like to invest where I can control my own investment and don’t need to pay a broker a commission. Residential property is my choice as commercial is too short term and too risky for my liking. God only made so much land, but has not stopped making people yet. And with more people demand will increase and prises will rise.<br />. Frikkie");
document.write("<h5>H-E Iken cannot possibly be a financial advisor!</h5>");
document.write("To H-E Iken, I think the author's advice regarding not selling your shares is excellent, sane advice.<br />If the author was referring to the JSE then his assertion that the stock market hasn't lost value over any ten year period in its history is 100% true.  So, you can't be a very good financial planner and I urge people to mistrust your 'trusted' advice.<br /><br />The JSE is NOT at the same level as in 1994, the last six months did not remotely wipe out 15 years of gains.  You cannot be a financial planner, WTF?!<br /><br />If you're investing for the long-term then cash is surely the most senseless investment you can possibly make. I'm glad you're not my advisor!<br /><br />\"To think you can pick stocks that will prosper in the near future is delusional…\"  Read the article.  This guy repeatedly refers to the LONG TERM.<br />. Jean Potgieter");
document.write("<h5>What not to do in the recession</h5>");
document.write("Don’t eat at restaurants or buy ‘takeaways’; it is expensive and not good value. Declare WAR (no White bread/ pasta, no Alcohol, no Red Meat) on ill health during the week,<br />and eat vegetables and fruit Monday to Friday. Look forward to cooking your favourite meal at home over the weekend. Your energy levels and your wallet will be much better shape. <br />. Justin Engels ");
document.write("<h5>Legends!!!!!</h5>");
document.write("Jean and Pieter are ledgends!!!i have a long term investment and a bank acc, the long term investment is looking great after five years over my bank acc! over the next five years look again when markets rise! Think twice be fore shouting against markets they still rule!!!<br />. Nick");
document.write("<h5>Bad Advice Confirmed</h5>");
document.write("JONOS you hit the nail on the head, bullseye! I agree with you 100%. <br /><br />Sir Allan Greenspan was knighted by Queen Elizabeth for his smashing the US $. Before he was replaced by Helicopter Bernanke, Greenspan demanded full immunity to safeguard himself from the law. What is he fearing? After he left the US Federal Reserve Bank he said that the present recession heading twoards depression is the worst global financial crisis in the last 100 years.  The lat one was 1929 when recovery only follwed in the 1950s. That makes 20 years of waiting for a recovery and 1929 was nothing compared to the current tsunami.<br /><br />Brokers and Banks earn cash from the sale of their products never mind who gets hurt. That's old hat.<br /><br />If this is the worst finacial fiasco in 100 years then how long must you wait for shares to recover? If one assumes 75 as an age before which you need cash from your investmets in shares, what are your chances?  2009 is the start of the worst 100 years from the horses mouth SIR GREENSPAN! Happy waiting to you if you are unable to work out what this means. <br />JONOS well done! You are a lightbearer indeed.   . Wiseowl");
document.write("<h5>Curiouser & Curiouser</h5>");
document.write("H-E Iken might have done some very complicated calcs on the average global stocmarket moves but the average SA investor would be more interested in the Alsi which bottomed in March 2009 at roughly the same value at the beginning of 2006. For the last 6 months the JSE (in common with most global stockmarkets) has risen by approx 37%.  I just thank my lucky stars that he is not my financial planner and that I am not down to 1994 levels.<br /><br />Wiseowl has the great deppression lasting for 20 years.  The history books (and the Dow Jones) feel that it lasted for 8 years in the USA and for shorter durations in Europe(4 years in Sweden).  It probably felt like 20 years if you lived through it but I can assure you that by 1940 the USA was booming on war time sales.. Les O'Connell");
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