Re: Flip flop article
by omkarnath kamalapurkar on Feb 09, 2009 09:58 AM Permalink
The prospective buyer will be in debt trap even if the interest rates are at the lowest level.It is good if you want to buy for staying but as an investment it is a very bad proposition.OSKamalapurkar Gulbarga
Re: Flip flop article
by Mohandas Satyam on Feb 09, 2009 10:12 AM Permalink
Flip flops are motivated in many cases... journalists are paid by vested interests to place articles such as this. It is not dissimilar to the spate of articles in ET, BS, FE, etc. which urge small investors to sink in whatever they are left with in dud stocks which are going to plunge even further. Even the most optimistic analyst in USA is not saying we are at the bottom of the recession. All forecasts are saying we will have the worst year on recrd. It will be downright foolish to sink in hard earned money at today's prices...
Re: Re: Flip flop article
by Harshavardhan NM on Feb 10, 2009 06:02 PM Permalink
What you say is true. I have been going through many such international forums, and every where it is only one opinion that 2009 will be a disaster. One has to be holding on to his cash to be safe.
