dinsdag 14 oktober 2008

Don’t put your money under your mattress!


Since the financial crisis people lost confidence in the stockmarket and start to believe their cash would be best stashed under their beds rather than invested in the stockmarket, while hiding money under the mattress would only worsen the crisis and freeze the economy up.
People need to regain confidence in the market again so they will spend and invest so the economy can recover from the crisis and stabilise, but if people start to panic it will only get worse.
Many analysts are urging investors to take a long-term view when considering whether to buy or sell and not to look at the short term and claim this to be the worst time to sell off.
A lot of people also start putting their money in gold as result of the crisis, because the precious metal is traditionally seen as a safe asset during times of economic uncertainty and this might be a better solution than stashing the money under the bed.



Enghien Ieben
source: guardian.co.uk

1 opmerking:

EcoEnglish zei

Since the financial crisis [add a comma] people [have] lost confidence in the stockmarket and start to believe their cash would be best stashed under their beds rather than invested in the stockmarket [too literal a quote], while hiding money under the mattress would only worsen the crisis and freeze the economy up.
People need to regain confidence in the market again so they will spend and invest so the economy can recover from the crisis and stabilise, but if people start to panic it will only get worse.
Many analysts are urging investors to take a long-term view when considering whether to buy or sell and not to look at the short term and claim this to be the worst time to sell off.
A lot of people also start [to put]putting their money in gold as [a] result of the crisis, because the precious metal is traditionally seen as a safe asset during times of economic uncertainty and this might be a better solution than stashing the money under the bed.

Some sentences are too long/complicated for maintaining good flow. Mind some grammar issues

olaf