Club Mulgoa

Tuesday, March 15, 2011

Stock meltdown

Life is still kind to me. Compared to Japanese living under a cloud of radioactivity and after being smashed by a horrific tsunami, and compared to Kiwis in Christchurch being hit by earthquake twice, what I have lost is truly nothing.

And whatever margin lending I have, it is easily serviceable and can be repaid whenever I want to. Luckily I don't like to borrow. And we don't want to invest using big loans.

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