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PAKISTANI-1
( 3020 posts )

[23 Replies]
I could not resist coming back to the forum after what the world has just witnessed: a massacre on the world bourses! Billions and billions of dollars of people's savings have just been wiped out!
This is all monumental and it is bound to have an effect on world real estate prices. My banker friends are advising to watch your bank account savings as well as investments and be ready. But the dollar is also bleeding. China is leading the contagion!
Pakistan is not too well connected to the world economies due to our dwindling exports but nevertheless this is so massive that it is bound to have some effect here as well.

    2085 days ago In General Advice
    Post Answer
    Falcon
    (4482 posts)
    Paki 1..Sir need your analysis property sector.What will be the repercussions of such massive down turn of stock market?
      2085 days ago 

      Baber Rabban..
      (1628 posts)
      Good to see you Paki-1.
        2085 days ago 

        Salik
        (35 posts)
        Welcome back Paki-1
          2085 days ago 

          @li
          (344 posts)
          Dear Paki!



          What is now suggested way of keeping one's savings, in dollars, in property, in gold or something else ???
            2085 days ago 

            Matrix
            (532 posts)
            Welcome back Paki 1

            KSE Bounced back today as , our economy is not export based... Nonetheless investors will be careful in the stocks and may be the money will flow back in the property market..
              2085 days ago 

              Sheikh_007
              (726 posts)
              Ali,



              If you have dollars, keep them.



              The next best investment would be to invest in Oil as it is going to hit bottom very soon and then the upturn of oil industry will come within a year ... You can easily triple your investment in one year.



              Property investment in Pakistan is not a good option currently.
                2085 days ago 

                ARIF
                (155 posts)
                It seems money will flow more in property market.
                  2085 days ago 

                  Truthseeker
                  (123 posts)
                  Tripling in one year by investing in dollar???



                  today dollar=104 rupees, so after one it should be= 312 rupees??



                  oil at 40 dollars a barell must= 120 plus?



                  so is it possible ,while international stocks have slummed, real estate stagnant, gold decreasing .......WHO CAN EXPLAIN THIS MESS UP HERE??



                  ye sara fasad dollar chahpney ka natija haey , baghair kisi haqeeqat key dollar amrica chahp raha haey oor ye dunya issay bhugtegi.
                    2085 days ago 

                    Sheikh_007
                    (726 posts)
                    Truth Seeker ...



                    Read my post again and work on your reading comprehension skills ...



                    Oil will hit bottom somewhere close to 30-32$ ....and it cant stay there forever... And will cross 80$ mark easily.



                    I never said investing in dollar will triple your investment.
                      2085 days ago 

                      Sheikh_007
                      (726 posts)
                      P.S. I am in oil industry and know what i am talking about :)
                        2085 days ago 

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