It may sound utopian in the backdrop of months-long downslide on bourses, but a US-based equity research group sees India’s benchmark index Sensex scaling a milestone of 1,00,000 points within next 15 years. This would mean an unimaginable rally of over 10-times from the level seen just a few days ago, when Sensex was toiling [...]
In: Investing| Stock Market
22 Apr 2009As you probably know almost all global markets (especially the emerging markets) are correcting and all of them have corrected sharply. It doesn’t matter whether you are from India or China or USA, the recent fall in stocks would have affected you.
I’m sure that you must be in a panic situation now even I’m in [...]
In: Investing| Stock Market
22 Apr 2009It turns out millionaires are just like us–but they have a lot more money. When asked about their secrets to success, they don’t cite anything magical or rare, but rather the steady application of wise investing strategies, hard work, and, believe it or not, a degree of frugality. Here are 10 secrets of millionaires’ money [...]
In: Investing| Stock Market
22 Apr 2009In almost all instances, the root cause of a financial crisis is an asset bubble. But how does this bubble form, what finally causes it to pop and how can investors profit before it goes bust?
In order for a market to attain the excessive valuations necessary to prompt a crisis, a prolonged period of price [...]
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1 Mar 2009Berkshire Hathaway reports a rough, down 2008, cheered up by preferred-stock investments Buffett likes.
Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the company and, in [...]
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1 Mar 2009Between Feb. 9 and Feb. 23, the Dow Jones Industrial Average dropped more than 1,100 points. If it kept plunging at that rate, we’d hit zero before you knew it. Of course, that won’t happen. No matter how ugly the markets get, the pain we saw over these past few months can’t continue for long. [...]
In: Investing| Stock Market
22 Feb 2009I must admit that I’ve made a mistake in the past. I realized the power of a bear market only after the October market crash. And I’ve learned a lesson from the crash: "There is absolutely no limit on the downside for a stock". Since then I always want to reduce the number of scrips [...]
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