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Speculation


Speculation is a game. It is highly risky and highly dangerous. It is essentially a gamble.It jacks you up to unprecedented levels. All the same it drags you into  unimaginable  destinies. The win or loss is tremendous.The heart should be strong to face both fortune and mishap.

Speculation is not for all. People with ideals and with the penchant to make money in regular phase will never opt for it. The quick money , you make in derivatives, in stocks and commodities make you swim in luxury and wallow in wealth. But ,you  tends to forget,that  the way anything comes, the way it will go. The money ,thus earned in short duration , temptsyou  to reinvest the same in  varied portfolios . So goes the investment cycle,that one day it comes to a grinding halt. The funds are nowhere to be seen. We have a bundle of papers ,called share certificates.Now even the physical handling has given way to demat procedures.You have only the account details.

A year back , you were worth about a million, but today you have less than a thousand.No one is spared from such derailment, even the investing guru, Warren Buffet and his Berkshire investment company have fallen prey to the economic Tsuanami.

2007 -2008 saw a stock market boom. As early as 2008 , there was a down turn. Money started diffusing, Stocks withered. Nothing could stop the fall. A sad sordid state of affairs moves on. The loss is spine breaking, heart rending, and nerve racking. The abstract pain has surmounted the physical suffering. The vicious circle goes on with full vigour and with high tenacity.The gruesome ,gripping circumventions plague the silhouttes and nestling spaces.

Let us learn a lesson from Twain’s nugget, better not to speculate when you can afford, and when you cannot.Let us keep what we have safely in our niche and lie down peacefully, till something changes for the better.