Wishing you and your family a very Happy New Year. May this year bring immense joy, health and prosperity.
With a good correction in our Markets during last year 2011, this year should provide some excellent long term opportunities. We believe coming months would be an apt time to create a quality long term portfolio.
The hangover of a gloomy 2011 continues into the New Year. And while we can’t predict how the year will ride out, we can hope for the tide to turn – that the markets will revive, the political turbulence will calm down and the people on the street will breathe easier. Till then, optimism seems to be the only mantra to survive this crisis.
Couldn’t agree more with the above quote from Financial Express on 1st Jan, 2012. India has one of the best growth prospects and if we believe the future lifestyle of individuals will be better than surely markets will also deliver. There will be new big winners and we have the opportunity to grow along by investing in their shares.
How can Twitter help me with Indian stock markets ?
Twitter is micro blogging. Thus it is the views of the people YOU like to follow. The people tweet what they believe or like, not what they are paid for. Thus it is different from talks on the TV shows which are often biased and don’t cover everyone who matters.
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs10. The villagers seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at Rs10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs20. This renewed the efforts of the villagers and they started catching monkeys again.Soon the supply diminished even further and people started going back to their farms.
The offer rate increased to Rs25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at Rs50!
However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers, "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs35 and when the man returns from the city, you can sell it to him for Rs50."
The villagers squeezed up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!!!