Wednesday, September 24, 2008

Wall street crisis ...

I've been following the 'Wall street meltdown' quite closely. What I mean by that is, I am reading lot of articles, and reports about the events happening there.

A lot of that makes no sense for me. It took a lot of difficulty to understand the 'Credit Default Swap', 'Sub prime mortgages' and investment banking in general. To be honest, still I've got a lot questions about them and can say quite confidently that I am still a noob in these subjects.

The remote possibility of me investing some bucks in stock market has just vanished! poof! just like that  :-)

But apparently this is a good time to invest, if you can pick your target carefully. 

I think the last sentence is full of oxymorons :-)

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