THE SENSEX SCALED THE 15000 MARK THUS ACHIEVING A MAJOR LANDMARK . THESE ARE JUST THE SIGNS OF WHATS IN STORE,AND IF EXPERTS ARE TO BE BELIEVED THE SENSEX MAY SOAR TO 18000 MARK WITHIN THE FIRST QUARTER OF 2008.
WHAT DO THESE NUMBERS SIGNIFY FOR THE COMMON INVESTORS?
WELL MANY INTERESTING STATISTICS HAVE CROPPED UP IN ALL THE
NEWSPAPERS ,THE ONE IN TIMES OF INDIA GIVES FOLLOWING DETAILS:
ANYONE WHO MIGHT HAVE INVESTED Rs ONE LACS FIVE YEARS AGO IS WORTH Rs FIVE LACS SEVEN THOUSAND AS OF TODAY. WITH A WHOPPING PROFIT OF Rs FOUR LACS IN JUST FIVE YEARS, THE INVESTOR MIGHT BE SMILING ALL HIS WAY TO THE BANK.
LET BYGONES BE BYGONES ,WHAT SHOULD BE THE ACTION PLAN FOR THE PRESENT SCENARIO ?
IT WOULD BE HIGHLY ADVISABLE TO BUY A GOOD AMOUNT OF STOCKS AS A LONG TERM INVESTMENT,BECAUSE THEY WILL BE APPRECIATED SOONER OR LATER.
ACCUMULATING THE SHARES OF COMPANIES YOU HAVE SHORT-LISTED AS AND WHEN THEY SHOWN SLIGHTEST OF DECLINE WOULD BE HIGHLY PROFITABLE.
REMEMBER TO DIVERSIFY YOUR FUND THOUGH.
THIS CAN VERY WELL BE A GOOD TIME TO INVEST IN MUTUAL FUNDS TOO.
NOW IF YOU WISH TO KNOWN WHAT MUTUAL FUNDS MEAN,THEN DO NOT MISS THE NEXT POST.
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