Skip to main content

Posts

Showing posts from March, 2018

Important !!! Time for some action...

At the time of financial crisis in the year 2008, the Nifty (index comprised of 50 prime stocks) attained the peak of 6272 points. In roughly 11 months it had lost almost 3579 points (more than 55% of its gains) and reached the lows of 2584 because of the global sentiments. This is shown in chart 1. People started selling everything they had in despair and lost most of the wealth they had created for years. Those who entered the market in 2008 January, seeing the terrific rally from year 2005 to 2007 end, had seen nothing but loss of capital. They made the mind that stock market is nothing but a big "Satta".  Opposite to such mind-set there were people who saw this dip as an opportunity. They saw that shares of quality companies were trading at cheap or valuable price. They saw stocks as if they saw clothes available in the mall at the end of season sale. They bought them plentiful and stayed invested for long. As a result please refer to chart 2. Those wh

Get the tax advantage

Live Markets