A funny way to understand how stock market works…. read on to know
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs 10.
The villagers seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at Rs10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Rs 20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs 25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at Rs 50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs 35 and when the man returns from the city, you can sell it to him for Rs 50.’
The villagers squeezed up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!!!
Welcome to the ‘Stock’ Market!!!!!
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Thursday, December 13, 2007
Thursday, September 20, 2007
GOLDEN RULES FOR INVESTING IN SHARE MARKETS
The First Major Axiom: ON RISK
Worry is not a sickness but a sign of health.If you are not worried, you are not risking enough.
The Second Major Axiom: ON GREED
The Second Major Axiom: ON GREED
Always take your profit too soon
The Third Major Axiom: ON HOPE
The Third Major Axiom: ON HOPE
When the ship starts to sink, don't pray. Jump.
The Fourth Major Axiom: ON FORECASTS
The Fourth Major Axiom: ON FORECASTS
Human behaviour cannot be predicted. Distrust anyone who claims to know the future, however dimly.
The Fifth Major Axiom: ON PATTERNS
The Fifth Major Axiom: ON PATTERNS
Chaos is not dangerous until it begins to look orderly.
The Sixth Major Axiom: ON MOBILITY
The Sixth Major Axiom: ON MOBILITY
Avoid putting down roots. They impede motion.
The Seventh Major Axiom: ON INTUITION
The Seventh Major Axiom: ON INTUITION
A hunch can be trusted if it can be explained.
The Eighth Major Axiom: ON RELIGION AND THE OCCULT
The Eighth Major Axiom: ON RELIGION AND THE OCCULT
It is unlikely that God's plan for the universe includes making you rich.
The Ninth Major Axiom: ON OPTIMISM AND PESSIMISM
The Ninth Major Axiom: ON OPTIMISM AND PESSIMISM
Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic.
The Tenth Major Axiom: ON CONSENSUS
The Tenth Major Axiom: ON CONSENSUS
Disregard the majority opinion. It is probably wrong
The Eleventh Major Axiom: ON STUBBORNNESS
The Eleventh Major Axiom: ON STUBBORNNESS
If it doesn't pay off the first time, forget it.
The Twelfth Major Axiom: ON PLANNING
The Twelfth Major Axiom: ON PLANNING
Long-range plans engender the dangerous belief that the future is under control. It is important never to take your own long-range plans, or other people's, seriously.
HOPE IT BENEFITS ALL...MAYANK
HOPE IT BENEFITS ALL...MAYANK
Thursday, August 30, 2007
SOON will be posting THREADS ON STOCK MARKETS(mainly),MORE FUNDAS OF LIFE AND LIVING,FEW SAYING BY GREAT MEN,NEWS,PICS,EDITORIALS,FEW OF MY PERSONAL EXPERIENCE WITH SOME SPECIAL PEOPLE,FEW USEFUL LINKS (NOVELS,SOFTWARES,NEWSLETTERS etc.) AND MUCH MORE..
AND ANYONE WHO VISITS THIS SITE ACCIDENTLY PLEASE LET ME KNOW WHAT SHOULD I ADD IN MY BLOG TO LOOK INTERESTING...
EAGER TO HEAR FROM YOU..
THANKS FOR YOUR TIME..
WILL BE BACK SOON...
REGARDS,
MAYANK BHARDWAJ(max)
AND ANYONE WHO VISITS THIS SITE ACCIDENTLY PLEASE LET ME KNOW WHAT SHOULD I ADD IN MY BLOG TO LOOK INTERESTING...
EAGER TO HEAR FROM YOU..
THANKS FOR YOUR TIME..
WILL BE BACK SOON...
REGARDS,
MAYANK BHARDWAJ(max)
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