Simply becoz 20-30 shares only going on on & on!!Rest of shares under face value!!!It's not a good sign for market!!I think a great scam should be happen in future!!!
RE:Why I m ignored the SENSEX!!
by Abdullah Saikh on Jun 03, 2007 03:41 PM Permalink
1999 RIL was 90 Rs,Pentasoft was 700 Rs & now RIL is 1600 RS,Pentasoft is 4.65!!!Anybody can explain wts the cause???
Frankly, the stock market is one huge rip-off - it has not so much to do with the value of the stocks themslves, as they are to do with the whims of investors - it's all gambling, legal cover by the deep-pocketed big-boys to rip-off the less knowledgeable public - it's all about market manipulation. You buy as much as you can when the market tanks (due to heavy sell-offs), then run up the prices (manipulation), then sell off high, making huge profits; then the market tanks - then start the process all over again, and again, with the market value rising incrementally higher after successive sell-offs.
RE:Why you should ignore the Sensex
by guy inny on May 31, 2007 01:51 PM Permalink
Dear Bodh Ramdeo, I dont think that you are right at all. It just tells me your frustration in not being able to make money in the stock market, coz had it been otherwise then you would not have written such comments. I think you could try watching CNBC TV 18 especially in morning. They air good shows at that time and they are very thorough in there analysis. Also probably some books like "Rich dad's guide to investing" by Robert Kiyosaki would be a good start.
Its not that bad out there. So stop worring and happy investing.
RE:Why you should ignore the Sensex
by jayu on May 31, 2007 07:07 PM Permalink
share mkt is gambling plz.... if u invest wisely u will def be rewarded thethumb rule of the mkt is Traders are punished and Investors are rewarded ok ? u hav to study the stock before buying and NOT vice versa ..ok ?if u run out after cheap stocks u will def loose u r money ..
RE:Why you should ignore the Sensex
by Vishal Ramaswamy on May 31, 2007 07:24 AM Permalink
Sir, i beg to differ with you. the prices of stocks do not rise and fall with any purchase made by any purchaser. they rise due to fair value not achieved for a particular stock. fair value determination is based on assets, available job orders, future cash flows, distribution of asset holding and market equity. if you look at a stock like bhel which came out with a Bonus declaration in jan(if you hold one share you get one free), an alternative way to give the shareholders a return on profits, the share was priced at around 2150. now the stock is trading at 2900. would you say it would have been a gamble to purchase the share at that price, to make about a 20% profit or would you classify it as gambling. in gambling the chances of winning and loosing are equally distributed amongst the gamblers. however with stocks those who had purchased BHEL when it was at sub-1700 levels it would be a win-win investment. you dont need to trade on a day-to-day basis, which would be close to gambling as luck is the most crucial factor here. but if you are not invested at least to 5% of income, then i would suggest you begin with the plan suggested in the article above as it would guarantee you a return of around 15-20% with risks minimised.
Hi Chandnee, I'm an invester for the last 2.5 years, and I'm one among those many who shed blood during the Crash in May, 2006. I invested in shares Asian Paints, NDTV, Andhra Bank, TCS and Gujarat Ambuja cements at the peak time (12000) and after 2 weeks the sensex Crashed...I was shocked...all my advisors told me to get out of the market and reduce ur further lose..but I was very much sure that, crashing in share market is bound to happen, in any market...Its inevitable..but it wont be the end in any case...it will bounce back after some days...
And finally, the golden days came back again...I sold all my shares when I got more than 15-20 % profit...and again invested when the prices came down...From my experience what I feels is that, investing in shares will yield you good returns always..but important thing is that, dont get panic when the market crashes...becoz...share market is like that...just keep ur positions and make the crashes as an opportunity to buy more shares at a cheaper rate...
better buy heavyweight stocks like SIP every month at fix date or week & then see ur performance.. These stocks hv little chance to move out of SENSEX. In MF, in stead of u & ur scheme, ur Fund Manager is making more money.. so why to depend on his expertise when u can make ur own fortune..
RE:BUY heavyweights like SIP
by Anoop Abraham on May 30, 2007 05:26 PM Permalink
To the best of my little knowledge, SIP is an investment approach and not a stock/scrip to be part of the Sensex. The author has explained the process well. cheers
Mutual Funds are good, no doubt... but the best thing to do is to buy Sensex stocks. Buy any of the blue-chip stocks at any price and then follow a very simple principle: Keep accumulating when there are dips in the stock prices. DONOT SELL ANYTHING FOR AT LEAST FIVE YEARS!!!! After five years, review the performance of the stocks in your portfolio and adjust your investments accordingly. Rinse and repeat. Screw the "experts", screw the Sensex and screw all those who try to give you advice (including ME)... Just do it! Happy investing.
RE:Buy Stocks
by akshay mehta on May 30, 2007 01:48 PM Permalink
What about Sensex stocks which no longer remain in the index? It is common for the composition of Sensex to change. e.g. recently Hero Honda was replaced with another stock. What will do do you those stocks?
Hello Author, Please do not misguide the already ignorant people.SIP is not all that bad but if you are planning to go for Mutual funds,think twice.Invest in good companies in sensex and you get better returns,if not greate returns.
This artivle is completely useless and may be harmful for those who do not know the ABCs of stock market.
RE:Good
by pepsi on May 30, 2007 11:31 AM Permalink
it's better to distribute the investment so that you get more options to manage your funds. Do not forget by investing in the market directly you get exposure to equities (% of such investment needs to be manipulted with caution) for e.g. now the market is at the verge of hitting all time high and not advisable to buy fresh volumes. stock picking is an important factor that needs to be cracked