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|27th November 2008, 18:11||#32|
Join Date: Jan 2006
Thanked: 17 Times
>>Socialism is not that bad
>>Capitalism is not that good
>>"Adi thettiyal aanayum veezhum" (A misstep could make even an elephant fall)
>>Stock Market in India is controlled by FIIs
>>Real Estate companies are highly dependent on credit availability (both for themselves and customers)
>>Sub-prime mortgages are named so for a reason
Last edited by appuchan : 27th November 2008 at 18:17.
|27th November 2008, 18:23||#33|
Join Date: Feb 2007
Thanked: 236 Times
What I have learnt ? "lalach buri bala hai"
On a serious note -
1.Do not put all your money into equities (direct orindirect) keep a resonable amount in debt instruments (bonds/fd's etc.)
2.Stay away from loans and EMI's (though I have always done that , but in case you lose your job , u'll loose your other stuff as well)
3.And stay invested in market for long term, don't look at making a quick buck.
|27th November 2008, 18:57||#34|
Join Date: May 2007
Thanked: 2 Times
I started investing regularly in stocks 4 years ago, when I got my first job. When markets hit the 18k mark, I reduced the amount of money I put in every month. I am yet to sell a single stock I have bought, ever. Now at 8k, my portfolio is worth about 50% more than the total money I have invested in 4 years.
I learnt that if you are a long term investor, its harder to lose money than to make money.
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