http://gaali.wordpress.com/2008/01/22/correction-in-world-markets/ Hmmmmmmmm.. Thu, 23 Oct 2008 12:21:19 +0000 http://wordpress.com/ hourly 1 http://gaali.wordpress.com/2008/01/22/correction-in-world-markets/#comment-143 praveen Tue, 22 Jan 2008 19:06:59 +0000 http://gaali.wordpress.com/2008/01/22/correction-in-world-markets/#comment-143 Indian market ballooned in the last few months from 17000 to almost 22000. Investing has become a part time job for most of the people in India. In the recent months, the wrong perception of investing has invaded India. People are buying and selling stocks on speculation and some hot tips from brokers. People who doesnt even know why a stock is issued by a company are trading and loosing their shirts in the market. USA has gone through major recessions and market crashes, therefore, the US investors have some exposure and knowledge of risk management. For retail investors in India, the so called crashes is a new experience. Mutual funds and Hedge Funds are smart people. They understand the fundamentals of finance and economy and also know when to SELL. Unfortunately, for common investors it is always too late to panic and sell. That has what happened in last 2 days in India. A 25% correction in SENSEX is healthy and will raise caution among speculative investors. Please do not put your hard earned money in speculation and "hope" that market will always goes up. Hope is never a part of equation. Happy Investing. Indian market ballooned in the last few months from 17000 to almost 22000. Investing has become a part time job for most of the people in India. In the recent months, the wrong perception of investing has invaded India. People are buying and selling stocks on speculation and some hot tips from brokers. People who doesnt even know why a stock is issued by a company are trading and loosing their shirts in the market. USA has gone through major recessions and market crashes, therefore, the US investors have some exposure and knowledge of risk management. For retail investors in India, the so called crashes is a new experience. Mutual funds and Hedge Funds are smart people. They understand the fundamentals of finance and economy and also know when to SELL.
Unfortunately, for common investors it is always too late to panic and sell. That has what happened in last 2 days in India. A 25% correction in SENSEX is healthy and will raise caution among speculative investors. Please do not put your hard earned money in speculation and “hope” that market will always goes up. Hope is never a part of equation. Happy Investing.

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