Dear Readers,
Another excellent year and a remarkable decade are departing. I wish you all a merry X-mas and a prosperous new year in advance, moreover wishing you the happiest ever decade ahead in your investment life. Investing in carefully selected Indian equities, taking part even at the current levels will be one of the consummate decisions for you in this New Year. Because India and its market is developing such an outstanding base of opulence to multiple your money in coming years.
Money simply doesn’t make money in the market. Money, even a small portion, with a better level of awareness will surely help you to achieve your goals. Internet, the largest and fastest knowledge base is in front of us at the cheapest cost. Today, knowledge is at our finger tips or we can unearth any information with in seconds. I think, its obligatory to keep up-to-date ourselves before any kind of investment decisions, especially in the current scenario. I personally know people who lost more than 50% as well gained more than 150% in the recent course of Sensex’s 9000-21000 rambles. So, wisdom matters. The awareness or reasonable understanding on your stock selections worthier than anything and it’s the most important point you have to carve on your brain at this New Year.
I think, short term trading will be more hazardous in the days to come because of rising contribution of fastest communication means like internet/Mobile phones etc... And the increasing number of market participants as well high scale of volatility on indices will compel you to be faster than anyone. I know people who trade everyday as a routine and some others trades once in a while or so. The second category reacts only to accurate news thread after confirmation on the source and correctness of the information. Interestingly they are even ready to wait weeks for such a suitable event.
I am equally passionate on launch of this new decade with the previous extreme lows of market, where we had enough to hope. Its again the time is arrived to fill your bags with good scrips in small batches with an ownership mood. Its sure, the span of next 10 years or coming decade will reshape the face of our great nation and I would like to invite you all, to participate in this excellent journey and to grab your own portions.
Even after all the ongoing anarchies, I am keeping 100% confidence on our scenario and there is hardly anything visible ahead which enough to deviate my morale. Yes, further unbelievable corruption revelations might have there in future, but personally I am positive to all those processes. Cyclic refinement is one of nature’s unquestionable practices or we can take it as, cutting down certain weak or overgrown branches will surely boost the growth of core trunk.
The coming New Year and decade is one of the rarest occasions to us and I would like to stress on that point. It’s a time to forget all the failures and to adopt a cognizant and calculated strategy with a long term vision. Forget all the bitter experiences and look for a bright future ahead stepping with our promising financial system. Just focus on the size and power of one of the world’s most persuasive purchasing/consuming band of population. I think, the single reason is enough to up keep the trust on our economy.
If you are an investor with long term vision, don’t bother much on Index figures or on its temporary wavering. An easy target for Sensex’s 30,000 is there with in a short span of time. A new journey for the market has begun few months back which might have take it to much higher levels over the next few years. Probably 35-40k levels over next 5-7 years is imaginable and I strongly believe its attainable.
The above statement is clearly not a prediction, but I am compelled to believe like after a close watch on the Sensex’s history of past couple of decades. I would like to place some interesting statistics on Sensex to convince you the possibilities of above said figures at my next post. Hope, it may help you to get convinced on the trend of overall growth trajectory of Indian market and relevant future figures too.
Before that, I wish every one of you have read the pages at following link, what people thinking on us.
http://www.ibef.org/resource/quotes.aspx
Once again, Wishing you and family a Happy and prosperous year ahead filled with peace, joy and wealth as well welcome all those who joined in the Portfolio Advisory Services in the month of Dec.
Comment please...
Shabu Thachat – sthachat@gmail.com
For the benefit to blog readers users :
ReplyDeleteIndia set to become leading growth centre in Asia
http://economictimes.indiatimes.com/features/sunday-et/business/india-set-to-become-leading-growth-centre-in-asia/articleshow/7164939.cms
Sir,
ReplyDeleteI fully agree that as we enter into new age of mobile e-commerce, mkt trading will become more & more volatile and wild swings in stocks prices will seen as frequently as ever seen before in history. Slightest bad news will drive the good stocks to rock bottom and slightest good speculative news may bring the scrip to mad upward move. Only the 'coolest & patience' of investor's will win from here..:)
Regarding , India growth story, I fully agree as a Indian economy has all the potential to win the next decade too, but more & more corruptions at highlevel can bend the backbone of our economy...not sure, how much longer our economy can live with this..
Thanks
Venkat