Monday, October 27, 2008

MAKE A FORTUNE

TIME TO INVEST BIG AND BOLD.


From all the events unfolded out of the crisis which has hit the global economy as a whole, there are positives in the market mayhem and among all the turmoil’s. For those who have invested heavily in share market only has to be prudent enough not to sell now. It is rather the buying time as the market has hit rock bottom and can only go high from here. To fear for the worst is over and the FII’s have mostly taken their money back. This was in fact a correction which was overdue. An aberration only, now we are almost at the stage when the FIIs started to invest big in our share market. The real sensible level of market value is around 8000 ,from which it all began with the entry of all bulls and bears.

For a person working in a nationalized bank from 1988 from .North east to down south I can feel the pulses better and knows that our opportunity is here in this adverse era for Americans and Europeans. Our Indian market will certainly rise from ashes to be stronger and steadier. My advice to those who has trusted the market is to stay invested for little longer as the market is bound to rise again after a lull period. One has to take in to account the fact that there are 1.2 billion people in India more than US and Europe’s combined population, who need to be dressed, housed and engaged in productivity. This in itself is a huge opportunity and Indian alone is capable and has the wherewithal and competency to manage our affairs with out any foreign help and surpass the US GDP in the next decade.

If we don’t understand the power of sheer numbers then we are fools. We just can’t be going any further down for sure. We will be evolving in to a super power much before the predictions as of now. China will also be a country and power to reckon with. They alone can match us in numbers and productivity.

For those people who wanted to be taking informed decisions as our finance minister rightly pointed out the time is ripe for big investment .They surely will not be losing any further and has a bright opportunity to be big gainers if they follow these intuitions looking at the time about 2010 to 2012 when our market might again cross 21000, and this time around it will stay right there on the top for longer.

Wishing all a great deepawali, right after which the rise will be felt more pronounced and other steps taken by our Government and RBI will also start to have effect on our inflation and the market for sure.

Compiled by, M.Balakrishnan,16a,III layout, Meena Estate, Coimbatore ,INDIA-641028.

Res.phone :0422 2310637 , Off.Phone :0422 2567889. Cell .9894474174.

You can get all my views in my blogger site:’solitairebala’ with igoogle.

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