surprising-------no words!! I have not invested a rupee bcoz still i aint earning a penny!! But, I have been following the market closely from last 2-3 years, but as far as sept-oct is considered i did not feel indian market had any positive news that can take upto 3K that too in a month!!
i did not find any major surprises in quarterly results also!!(3rd)..are v expecting it still ??
RE:16,000, September 19, 2007-----------19,000, October 15, 2007
by OldKid on Oct 15, 2007 05:40 PM Permalink
Instead of watching it open-mouth, get some personal loan and invest. By next month, see your money doubling and you can repay your loan and start earning sitting at home. There is no looking back for SENSEX till 30000 by March 2008. JAI BOLO AMBANI.
RE:RE:16,000, September 19, 2007-----------19,000, October 15, 2007
by Jayaraman A on Oct 15, 2007 05:47 PM Permalink
I hope OldKid is not a financial adviser.
This is the exact thing that people must avoid. Getting loans to invest in stock market. While you will achieve success during a continued good run, your whole investment will be wiped out if the market tanks. Not only would you not receive the gain, you would have to work hard to pay the new debt.
The market is its peak and is awaiting a major bubble. This may happen anytime in the next 0-3 years.
RE:RE:RE:16,000, September 19, 2007-----------19,000, October 15, 2007
by OldKid on Oct 15, 2007 05:53 PM Permalink
Forget Fin Advisor. I am just a novice in Stock market. I took personal loan of 2 lakh in Aug and put entire amount in Reliance pack., Can you believe how much fortune i made today ? A cool 7.8 lakh. I foreclosed back my loan with penalty also. I am also eyeing a BMW or atleast Skoda car next year. I am sure i can achieve it.I owe a lot to Ambani brothers