Share Market – Investing in Equities is like driving car at 140-160 kph speed.
Yesterday, I got a different perspective on Share Market – Investing in Equities is like driving car at 140-160 speed and chances are much higher at that speed for may reasons:
In Developed Financial markets like US , Europe the roads give u an opportunity to drive at that speed whereas India doesn’t till date ( The speculators do their shit and than people loose their money and Regulators like RBI, SEBI, FMC comes into picture when the damage is already done).
In Developed Financial markets like US , Europe the Drivers ( Investors) follow certain principles of Investments like ( SIP, Average in etc) In India we invest due to rumors / grapevine.
In Developed Financial markets like US , Europe the Drivers ( Investors) are matured and thus provides depth to the markets, our Indian traders follow ” monkey see monkey do” principle ( Tezi mein Tezi, Mandi mein Mandi)
The Foreign fund Managers whom we as Indians ( Traders / investors) blindly follow, are well supported by Business Media Channels, who seems to have their own vested interests. Recently, JP Morgan trading loss in debt is to be $2 Billion. Are promissory notes real FFI’s money or en-route for black money of Politicians / Bureaucrats / Industrialists,Big Businessmen ? – one needs to ask.
So the bottom line is that Go Slow (With Own Funds), Follow Traffic rules ( SIP, Average in), Don’t panic if u go wrong, because the panic situation is created or rather fabricated to make you panic. ( Satyam went to Rs.6/-from Rs.300/- odd in a single day and than in 1 month, from Rs. 6 – it went to Rs.50/- and in 1 year it went to Rs. 100/- odd.)
The reason of posting is not to get likes, but request you to implement things, if it make sense.
I would be more than glad to accept your views / suggestions / criticisms (if any)