Saturday, October 18, 2008
Market Crasshed - Hopes Crashed
Lot of people who invested in stocks lost trillions of money world wide. It was just like a bolt, it took years to reach the peak and just monts to loose all the gains in the market. Smart investors who were satisfied with the ever raising index liquidated initially are a happy lot now. What about the hapeless investors who didnot sell the stocks and still holding them. Remember one thing, all the loss is notional till you sell the stock. Once you sold them then you know what exactly you lost over your investments. If you worked out values of the shares before investing and felt that is the right value then invested your own money and not borrowed money and have enough patience dear friends remember one thing after every fall there will be a raise, so dont worry, happy days will be back. One thing of caution before signoff never be greedy, invest after doing homework, what you expect from the stock and donot go by some street side advisor. In boom times every one will be a specialist. so be careful and use your own judgement in investing.
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