Scott Picken, CEO of International Property Solutions (IPS) believes a paradigm shift is occurring: 8 years ago, people would only invest in property in their own neighbourhood. Now, investors are starting to seek the best investments globally. IPS was created 5 years ago to facilitate international investments and provide an end-to-end solution to ensure that investors can invest with confidence!

Wednesday, January 27, 2010

Great Depression Vs Now - Something to consider

On my recent trip to USA I learnt some incredible things on the business courses I was on. One thing which was amazing was the comparison between what happenend in 1929 in the Great Depression and where we are now.

At the end of the day you need to be very vigilant to turn this market into opportunity!

Here are some great articles to understand what I am talking about.

http://finance.yahoo.com/news/1929-And-Today-Sobering-etfguide-2101131945.html?x=0

http://www.voxeu.org/index.php?q=node/3421

http://www.bestcashcow.com/the_economy/article/sol_nasisi/dow-jones-industrials-crash-analysis-great-depression-versus-today

http://peterjcooper.files.wordpress.com/2009/10/dow-jones-bear-market-comparison-great-depression-current-2008-20091.jpg

http://www.boom2bust.com/wp-content/uploads/2009/03/recession-vs-great-depression.jpg

http://www.noradarealestate.com/blog/the-housing-bust-the-final-chapter/#more-366
Posted by Scott Picken at 3:14 AM

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