Build your professional network on facebook via our app Go to app
 
<< Prev  12 of 32 in Topic  Next >>
 
Industry : Equity Research/Analytics Functional Area : Equities
Activity:  0 comments  195 views  last activity : 07 06 2010 20:18:04 +0000
Share
 
 
 

As I write this most of you are already aware that at the ground level

a) Business confidence is coming back

b) Consumers have started spending

c) Gold has hit life time high

d) Equities have rebounded back and are up more than 100%

But how many of you have benefitted from the pessimism in the past year. Did I just hear.......Saving my job itself was a big plus. Typical retail investor mentality.

I am pretty sure 80% of people are still paranoid about the recovery and are playing safe with respect to your life. But mind you riches are created in the worst of fortunes. ,

Did I again hear Damn with all the green shoots but I do not want to take risk albeit a very calculated one. I thank you, if you belong to this type. The more the merrier because I know greater the fear even at these levels the higher the equity markets are going to climb in the run up to the biggest bull run we are yet to witness.After all only when there is such mentality are we able to create wealth.

Most of you would be waiting for the ever elusive correction so that this time you will not repeat the mistake and buy stocks at cheap levels. Congratulations you have missed out on the bus.

But now for the hard hearted people.What you are seeing right now in the equity markets is the consolidation phase between 15-17000. I do not care what all analyst speak about in the short term. But I am bullish about India's growth and in this cycle of rally which will peak in the next 5-6 years markets will easily cross 40000 levels. Did somebody faint.....The facts are there to prove this.

1) India will touch double digit growth...I am sure everybody would agree

2) Indian companies will be added in a big way in Fortune 500  list

3 Huge focus on Infrastructure will lead to a boomerang effect

4) Rural focus of companies will result in huge volumes

5) A stable government

6) Disinvestment is already kickin in

7) RBI is already diversifying its reserves

8) With developed economies in doldrums huge FII money will splash in

There are lot many more indicators that prompt me to say we are very lucky  to be living in an era where we can create maximum wealth but only if we play the right cards at the right time,....Adieu

 
0 comments on "Penny wise pound foolish"
Add your comment on "Penny wise pound foolish"

Rate:
Submit
Mobile based Job search services
driver, Driver, Leading Bank in India, Chandigarh
Peon/Helper, Peon/Helper, Shabari, Whitefield,Contact at 8028453132
Peon/Helper
Viewers also viewed
We all know that India has too many people and this is bad for our economic well-being . Mention...
 
608 referals 25 arguments, 4897 views
do you knw any one of them.do write the superstition and the science behind them.
 
26 referals 18 arguments, 2146 views
more...  
Recent Knowledge (84)
Anna Hazare Ends Latest Fast The United Progressive Alliance government heaved a huge sigh of...
 
87 referals 7 comments, 196 views
The following is a reproduction of from an article I wrote in 2004. 1.  Harnessing the vast...
 
735 referals 18 comments, 325 views
If we analyse the nature of students' demand, what they want as customers are: Expert Teaching...
 
245 referals 17 comments, 262 views
more...  
More From Author
Bengaluru will be launching the first edition of Namma Bengaluru Awards. These awards nite is slated to be held on this Saturday(February 27th). This event will be well attended by Whose who of Bangalore City including Our Governer, Chief...
This might help you. I have been through such occassions a number of times and I have done any of the following depending on my proximity to the client a) Even my phone rings in a meeting with the client. I cut the call indicating subtly that the...
There will  be a big shakeout in the markets in the short term. We could see some nervousness in Equity and Gold markets. Confidence has returned back in the real estate segment and I see people who were stuck up investments in land now finding...
more...