Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 606
Posted: 24/Jan/2007 at 8:40am
Absolutely Rich Dad poor Dad 1st book is a must read for anyone ..Arouses the need in the reader to make the money work..
Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
P Lynch
Like 'Rich Dad, Poor Dad' fame Robert Kiyoski would say.. Financial Education should be part of our schools & colleges....
By that time.. I hope all TED'ians would have made their financial future secure and be out of the sensex impending big crash and sipping martini in sunny Hawaii..
CBSE has introduced Financial markets course in their 12 STD syllabus.Crash can happen anytime.Nobody has imagined last May such a big crash will happen in Indian markets.I m sure people not investing in equity will wake up.
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 606
Posted: 24/Jan/2007 at 9:38am
I am refering to the big crash at end of the long bull market ( the likes of 1929 crash or Japan crash after it touched 40K), not the smaller crashes in middle of a bull market..
Of course no one can say which is which.. But hopefully the shoe shining boy can tell ;-)
Often we forget there's a company behind every stock,and there's only one reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
P Lynch
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
Posted: 25/Jan/2007 at 10:27am
Infact Retail is currently in the market by dribs and drabs mostly through Sip's and other things ....The most dearth of retail is felt in a bear market (measured in terms of years and NOT days) where a lack of Retail leaves mostly Professional's against one another to make money. That creates a lot of spreads on Bid and ask's and makes it difficult for big orders to go through due to lack of liqudity.
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
I will once again quote what Samir Arora said "The biggest losers last year were the retail investors who did not believe in their own country"
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 29/May/2007
Location: India
Online Status: Offline
Posts: 1134
Posted: 14/Dec/2007 at 6:49am
The crux of the matter is investor education & changing the general perception about Equities.
That's says everything .I am the only investor in my family and those few who are in the stock market are purely speculators and doing day trading .None of them knew who is Warren Buffett or Benjamin Graham and their source of inspiration is their neighbor or office friend who made a quick buck in the stock market and that is exactly they are in for .
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
would have made their financial future secure and be out of the sensex impending big crash and sipping martini in sunny Hawaii..
