we are all victims of suspended belief.Equity market, commodity trading,real estate,are all in the grip of this phobia.What will happen? Will we see a rise? Is it going to fall?Will the economy be stable?queries rush into our mind. We are in a state of transcendental confusion.Mind is at peril.
Analysts add condiments to the broth.A prominent expert says buy this stock,bonus shares are to be issued. There is a mad rush, Accumulation works on.the next day the price of the stock dilutes.There is mood of disappointment,displeasure.There is a throb in the heart,if I had been less entusiastic,and more prudent,things would have been different.
It is this attitude that is pulling the market down.It is this feeling that is playing a havoc in the economy of the nations.
Inflation is camouflaged in India.There is a neat 15 % rise in the prices.People are disgruntled.
Media and analyst put the percentage of hike as 7-8%..it is a total misnomer.
The government of India has announced ,that it will contain inflation ,Another instance of misleading the people.
The government says ,there will be an industrial growth of 10%.Where is it?
investors,unmindful of technical calls, of market volatality,can nowinvest in reputed scrips-like SBI,L&T,Brittania,Telco. Maruti,infosys, TCS,reliance packages.
ctch them when they are low, you will be rewarded,
This is the recipe for success
Author: meenas17
A lover of classical Carnatic music.
An avid reader, passionate writer, into stocks and investments for livelihood
The magic of Gold
The yellow metal is a safe haven for investors.Oil is tricky,one time it rises in leaps and bounds .the other occasion it retreats steepily.One is remniscent of the nursery rhyme ,Jack fell down and Jill came tumbling after.Gold moves in tandem with oil.
Dollar movement poses an interesting study.Dollar was all powerful,so long,holdingthe roost.
It manifests otherwise now.gold is caught between the two -oil and dollar.
At present it is struggling,to come out of ithe clutches .
Future trading in gold and silver keeps one in constant alert. glued to the market volatality.
If one wants to dab in trading gold futures, his mind should be strong, heart prepared to face any diasaster
One’sinvestment might fade in a few transaction,or grow in geometric progression.
the upwrd swing or the downward fall may stop the heart from pounding.
Any trade involves risk, gold trading is one such ,but risks are much more than any merchandise.The magic of gold will pull one into the events. It is too hard to resist
Banking psychology in India
I happened to read the Indian Finance minister,s announcement recently, about lending credit liberally to MSE’s (micro small enterprises ).I was amused .A finance minister advising banks to
lend to MSE’s citing the reason that they are decent job providers.A very late revelation MR Palaniappan Chidambaram.
MSE,s suferred because of the non chalant attitude of financial institutions.
Many entrepeneurs succumbed to the woes.Most of them have disappeared from the scenario,few of them have vanished from this hostile world.
When agriculturists ,commit suicide ,there is a great hue and cry.Politicians ,yell,that agriculture is the back bone of our country,media gives wide publicity, by photographing the farmer’s widow and his children.Men in power, rush to the spot offering myriad waivers
Many MSE’s and their promoters eat a humble pie. They are in the clutches of private money lenders , as the minister has rightly pointed out. No one is bothered about their difficulties.instead MSE’s are wrecked by high rate of interest,statuatory obligations,tax,and other formalities.
My request ,to the Finace Minister,is that his call though very late should be put into action.
The financial institutions should pay heed to the FM’s call and act at once
I end up with Abu Ben Adam’s words “May your tribe increase” with a slight modification
May Mse’s increase,thus bringing prosperity to the nation