It is very clear that people pay for their greed. This is not new. This happens at regular intervals but small investors do not learn their lesson. Small investors should buy quality stocks only with the purpose of wealth building on a long term scale. They should not speculate. Speculation should be safely left to the big sharks. Salaried people should go the Mutual Fund and SIP route to minimis their risks.
RE:Market Crash
by Kanhaiya on Jan 25, 2008 11:05 AM Permalink
Is mutual fund is safe. How can we say, that they will pay even the deposit money back when market will go down? From where they will pay back? Do you forget the NAV value of mutual funds in past which were less than Rs. 10.00. See the records for after the period Harshad Meheta. There must be system which can stop false selling by instutition when market falling and making worse to worsen.
RE:Market Crash
by Rajasekaran on Jan 25, 2008 11:19 AM Permalink
Mr.Kanhaiya, I said long term investing. One should not panic and sell immediately when the NAV goes below 10.00. One should invest in top rated Mutual Funds with proven track record and stay invested at least for a minimum period of three years. Five years will be very fine.
