Saturday, March 21, 2009

what were you thinking?

Now i am giving myself the undue stress of thinking whether to buy a car or not. Good sense tells me that I shouldn't since we have yet to see the fangs of this monster called recession and buying a car at this tumultous period is more risky than playing with rapidly falling stocks. At least with the stocks you've the option to bail out and keep whatever you got left should u experience a major downfall. Withdrawing from car financing should you find yourself incapable of sustaining the amortization for whatever effects the recession would cause you sure doesn't look pretty good from a neutral observer's viewpoint cause either you sell your car right away and have someone pick up the financing, or your car gets repossessed and all you've got to show for it are stories and memories of when you were driving your once precious vehicle. It would have been well and good had there been no recession and I could safely assume the security of my tenure is guaranteed. No worries should that be the case but it isn't. If suddenly you get whacked then you'd be a jobless guy with a brand new car to console you. Yeah it isn't wise to buy a car when the global business climate is cloudy in forecast. This is just a phase. Hope it clears away soon.

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