“Be fearful when others are greedy and Be greedy when others are fearful” - Warren Buffet
This is easier said than done but is the perfect quote in today’s financial turmoil. It’s been almost a year now since the Indian Stock Market dropped about 60% from it’s peak. While it is impossible to time the market, try to invest a % of income every month now (provided you have not exhausted everything yet!). Valuations are much much cheaper.
The global economic crisis has had an impact on the Indian economy but the growth story is still intact, though not at the same pace. No economy or industry can remain isolated because one cannot self sustain but the impact can vary. Take for example the general insurance industry. Now how would the crisis impact the industry because everybody needs insurance and the demand will never go down. As mentioned above, the economic crisis is a vicious circle between the industries. Auto industry has recorded negative growth, nobody is buying new cars as a result dip in the new vehicle premium and 100% renewal retention is still a distant dream for every company. Similar situation is there for Projects, Marine & other product insurance as well and as a result the general insurance industry also slows down.
Closing this post by giving the two golden rules of investments
Rule #1: Do not lose money; and
Rule #2: Always remember the rule #1.
Happy investing :)
3 comments:
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Hi !.
might , probably very interested to know how one can manage to receive high yields .
There is no initial capital needed You may start earning with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with structures around the world.
Do you want to become a happy investor?
That`s your choice That`s what you wish in the long run!
I feel good, I started to get income with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner who uses your money in a right way - that`s it!.
I make 2G daily, and my first investment was 500 dollars only!
It`s easy to start , just click this link http://zikypove.arcadepages.com/lunupemu.html
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Good day, sun shines!
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