Markets are rising. Now no credit to me for telling you that. Credit is only deserved by one person who has given us all a new hope to cling onto. 🙂
I am a perennial worshiper of stock market crashes…atleast for next 20 years.
But when everyone around me was talking about how stellar their portfolio returns were, I could not stop myself from having a look at my own portfolio. And when I did check, I saw shares of some very good businesses up more than 80% to 100% in last 3 to 6 months!
I want to believe that I am good at stock market investing.
But then I realized that markets are supreme and I am no good.
I repeat.
But then I realized that markets are supreme and I am no good.
And…
Rising markets are loved by all. But it’s the pace of this rise that is frightening. Large caps are rising 10% to 15% every day and moving like big icebergs all over the place.
Not sure how long this would last. Lets see..
By the way, I hope you have pre-registered (free) for the launch of Ultra Long Term Stocks.
Pre-Registration closes on 25–May-2014.
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Pre-Registrations Have Closed.
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Its the possibility of using a company's earnings to invest in company's own business to earn better return for shareholders (assuming India's growth story is here to stay for next 2 decades)