...of writing a lot of stuff about finance, markets and related gyaan. Want to decide whether to write it on this blogpage itself or to create a new one for these stuff.
What do you think... any suggestions? Replies would be appreciated.
Showing posts with label Markets. Show all posts
Showing posts with label Markets. Show all posts
December 10, 2008
November 3, 2008
Nasty October
Glad that a disastrous October is already behind us. Disastrous on many counts indeed.. one of the more talked about being the equity markets. People all around have lost tons of money ranging from anywhere between 30% to 90% over the last 10 months, with the most crucial blow coming in the last month. Unfortunately, most people I knew were fully invested during the beginning of the year and hence did not have liquidity to buy more at prices that looks like a steal in many cases.
Looking forward to a better November and overall a good year ahead. Good, in relative sense, that is. Add more money on dips and stay invested for atleast 3 years. You will be a very happy investor post that period. Remember, trusting my words are also risky - a disclaimer.
Life, like markets, is very strange. Just when you think it cannot get better, you get a hit to pull you back to 'reality'. Greed and fear that people exhibit in markets are reflected in real life too. We get overly excited when things are good and severely depressed when things are not so good. Both reactions, from a spiritual sense, are unwarranted. One needs to be patient, like in market and stick to what is the original plan. Move towards the target irrespective of the near-term volatility. Planning for 3-5 years makes a lot more sense than few months. That said, trading in futures can be fun if you have deep pockets and the risk appetite. Same way, short phases of joy in life too can be exciting, provided we take short-term jolts in the same spirit.
Life, as with markets, in the long run is an exciting profitable ride. Even if it does not turn out to be, makes a lot of sense thinking it would be. We would not come to know of the difference then.
Happy investing.. Happy living!
Looking forward to a better November and overall a good year ahead. Good, in relative sense, that is. Add more money on dips and stay invested for atleast 3 years. You will be a very happy investor post that period. Remember, trusting my words are also risky - a disclaimer.
Life, like markets, is very strange. Just when you think it cannot get better, you get a hit to pull you back to 'reality'. Greed and fear that people exhibit in markets are reflected in real life too. We get overly excited when things are good and severely depressed when things are not so good. Both reactions, from a spiritual sense, are unwarranted. One needs to be patient, like in market and stick to what is the original plan. Move towards the target irrespective of the near-term volatility. Planning for 3-5 years makes a lot more sense than few months. That said, trading in futures can be fun if you have deep pockets and the risk appetite. Same way, short phases of joy in life too can be exciting, provided we take short-term jolts in the same spirit.
Life, as with markets, in the long run is an exciting profitable ride. Even if it does not turn out to be, makes a lot of sense thinking it would be. We would not come to know of the difference then.
Happy investing.. Happy living!
May 17, 2007
What a day to start!
Incidentally, May 17 is quite an eventful day. Circa May 17, 2004, three events occured:
a. My CA Final examinations started on that day. Was real fun.. not just that day, but the entire CA voyage. Happy to have come out unscathed :)
b. The NDA government got replaced by the current UPA, something that came as a shocker.. and hence..
c. ..the equity markets tanked, handing over the first relatively big loss to me in the markets. And helped me in understanding the concept of 'beta' much better!
On the third anniversary of that eventful day, I still remain with a single degree (ACA), UPA has survived this term without too much of a scare and equity markets remain hunky-dory as ever!
To my mind, and I take a risk of getting myself verified then, three years down the line things would be completely different on all the three above counts.
a. My CA Final examinations started on that day. Was real fun.. not just that day, but the entire CA voyage. Happy to have come out unscathed :)
b. The NDA government got replaced by the current UPA, something that came as a shocker.. and hence..
c. ..the equity markets tanked, handing over the first relatively big loss to me in the markets. And helped me in understanding the concept of 'beta' much better!
On the third anniversary of that eventful day, I still remain with a single degree (ACA), UPA has survived this term without too much of a scare and equity markets remain hunky-dory as ever!
To my mind, and I take a risk of getting myself verified then, three years down the line things would be completely different on all the three above counts.
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