What not to do in 2010

What not to do in 2010

Without comments:

"I suggest that you don't get too hung-up on choosing the right investment before investing. Often that equals to procrastination and you miss the opportunity altogether. For instance, as long as you regularly invest in consistently performing equity mutual funds and be an involved investor tracking their performance at regular intervals, say every quarter, migrating away from loser funds every 18-24 months if the need be, you won't be too badly placed compared to a person who is incredibly lucky to get all his calls right, a feat even investment gurus can't brag of." - Udayan Ray, Outlook Money (Read the whole article in 10 useful Caveats - A "Not-to-do" List for 2010)

What more can I say? As the Nike Ads say, "Just do it!"

Regards,

N

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What desperate brokers do!

What desperate brokers do!

I can't claim that I enjoy plagiarism - or plain copying. However, when it comes to education and with proper referencing, I guess that it becomes slightly more acceptable.

One of my favourite financial blogs is ValueStockPlus.net - I do keep visiting it quite often, and might have even quoted some of its contents in the past. However, this one is a gem worth reading from the original blog directly. Read on!

• A Great post from a favourite blog of mine - Value-Stock-Plus

The above post is a short one. The only point about which I can possibly crib is whether it is indeed a joke - It appears to happen all the time in real life if only one watches the Business TV channels or reads business newspapers and magazines!

Regards,

N

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Unusual Alert

Unusual Alert

One of my brokers provides me a daily email alerting me on bullish / bearish technical indicators for specific stocks based on a pre-defined criteria that I've provided.

In the past week / 10 days, I've noticed something extremely unusual:

• The usual email just talks about a max of 5-10 companies
• For the past few days, it has been a bit of a laundry list (more like a google search), mentioning the "first 50 stocks" of a list of many more stocks satisfying the pre-defined criteria that I've provided - Only on the bullish side!
• The bearish side has almost disappeared or has just a single stock or two on most days!

What does one infer from the above? Some obvious thoughts:

• We're in a very strong bull market, perhaps bordering on a bubble phase
• We're perhaps ready for a really strong break-out on the upside
• Which, in turn, should lead us to the end of the next bubble phase

My own suggestions based on the above:

• Start being very careful in the market
• Be very wary about making any fresh purchases (except perhaps for the very immediate short term)
• Start booking profits gradually (if you've not already started doing so)
• Increase your cash levels
• When the market suddenly starts zooming upwards suddenly and violently, please recall the period when the Sensex moved from 17000 to 21000 in a matter of just a couple of months. And, aggressively book profits in this phase.
• Don't regret about shares which continue to zoom after you've sold them - You're better off with cash, and you're likely to get lower levels to re-invest some time during 2010.

Happy investing!

Regards,

N

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Using Credit Cards Effectively

This Pic should tell you all you need to know about using credit cards effectively - Thanks to the friend who forwarded the same to me!






Regards,

N

Dubai Crisis - A Pictorial Representation

Dubai Crisis - A Pictorial Representation

This one that I got from a friend is timely and cute!

Enjoy: Dubai Crisis - A pictorial representation

Regards,

N

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