Lets talk finance in 2008.... again!

I have re-categorized this post due to an initial misplacement -

Regardless of which part of the world you are in now, the walls of the financial community are shaking. Share markets are dipping, housing markets and stagnant or falling and the outlook isn't too good in the short to mid term. Best suggestion is to throw your cash under the mattress for now.

Well that is unless you have some major nerves of steel and are ready to snap up some bargains. In the USA, interest rates are being sliced to generate some growth. That means an ideal time to grab those loans and try and drum up some investments through the fire sales that are happening all over the place. I personally prefer the housing market to shares, but hey - if you get in while things are at rock bottom, some good bargains could be had.

So start to compare credit cards, make sure you are on the best rate and then swoop in for the kill in other areas too. Secured loans might be a little bit scary, as that involves a little more risk - however if you look back over history, investments for the long term generally prove rewarding and if you have access to the capital to start building you empire.. who knows, you could be the next Donald Trump.

So be cautious, but don't be put off by the doom and gloom and inflationary expectations. Get into the fray and make the deals.