TRANQUILITY
This picture is exact opposite of what is happening in financial markets recently.
Are you still feeling jitters?? I think we should stay calm and do not panic. If you are in market for a long term then what happened currently is mostly notional loss from notional profits. Panic can make you take decisions which you might not otherwise. If you are staring at your losses then don't worry everyone else has lost too....
You are not alone and misery likes company.....
If you were trading on margins or were in derivatives trade. I must say beware and hold your hands for sometime till the market rationalize because as we have the famous saying....
"Markets can remain irrational longer than you can remain solvent"
Yes I didn't post anything for past 2 days and that was purposeful. I don't think anyone was interested in hearing any gyan :-) and even I was confused what to write :D
The stocks which everyone was recommending when indexes were at 21000( and I am talking about pure fundamental stocks and not the momentum plays...) still remains a good buy.
Yes there will be some moderation in gains but there will be gains. Fundamentally nothing has changed.
India is growing and it will be reflected in the companies which are working to make that happen.
Various central banks are coming out to help the markets. Fed has already cut rate by 75bps.
I am no one to advice but I think sticking with frontline large caps will be best bet.
And as a closing statement I would like to quote Mr Warren Buffet who says
"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years"
If you think for few minutes you would certain find few gems in the market which falls into that category.
Yes I didn't post anything for past 2 days and that was purposeful. I don't think anyone was interested in hearing any gyan :-) and even I was confused what to write :D
The stocks which everyone was recommending when indexes were at 21000( and I am talking about pure fundamental stocks and not the momentum plays...) still remains a good buy.
Yes there will be some moderation in gains but there will be gains. Fundamentally nothing has changed.
India is growing and it will be reflected in the companies which are working to make that happen.
Various central banks are coming out to help the markets. Fed has already cut rate by 75bps.
I am no one to advice but I think sticking with frontline large caps will be best bet.
And as a closing statement I would like to quote Mr Warren Buffet who says
"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years"
If you think for few minutes you would certain find few gems in the market which falls into that category.
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