Archives for August 2011

Thursday Morning Reads

A few interesting items for your reading pleasure:

Here’s the reality! What Business is Wall Street In? (Blog Maverick)
Wow! How to ‘fix’ a market (NY Post)
Oops! India says govt can’t tackle inflation (The Financial Express)
Nice read. Not Like 2008 (The Daily Reckoning)
Wise man speaks. Danger: Children at Play (Jeremy Grantham’s Letter)
Hmm. India will grow in double digits despite current pains: Rakesh Jhunjhunwala (The Economic Times)
Good read. The Secrets of Investors Who Keep Their Cool in Chaos (Daily Finance)

What are you reading?

How to Become a Successful Investor? Grandma Knows Best

The way we conduct ourselves in real life has a lot to do with what we’ve learnt from our parents, and especially from our grandparents.

In fact, the best memories I have of my childhood are of the nights spent with my grandmother who told me stories of the kings and witches, of what made people good and what made them bad, of the importance of forming good habits and the harmful effects of walking the wrong path.

You must have had the same experience.

Anyways, why I’m telling you all this is to show how our influencers change when we are dealing with our real lives, and when we are dealing with our stock market investments.

See this…

[Read more…]

Wednesday Morning Reads

A few interesting items for your reading pleasure:

Drugging the drugged! Fed: Low rates for two more years (CNN Money)
Wow! Investors flee to gold (CNN Money)
Hmm. Now What? (The Daily Reckoning)
Yeah! Jim Rogers: Bernanke and Geithner are sending us to “fiscal Armageddon” (Newsmax)
Nice. Indian stocks fare better than most in global rout (Mint)
Oops! A world out of options (Mint)
Hmm. Panic measures will ruin the Bric recovery (Financial Times)
Really? India feels it deserves a better credit rating (The Financial Express)

What are you reading?

Here’s Why Your Stocks Are in Such a Mess

The current financial crisis that has led to investors losing tons of money is an example of financial education being overridden by a swamp of overconfidence, arrogance, and a lack of common sense.

The culprits – banks, financial institutions, governments, and policymakers. In general, these ‘intelligent’ people lacked the humility to realize the danger of what they were doing.

The victims – Small investors, retirees, widows, you.

The lessons learnt – None! As they say, ‘History doesn’t repeat itself, but it does rhyme’.

Did you like what you just read? If yes, you can now join the tribe of smart people who get free and fresh knowledge on investing, stock markets, and the economy as soon as it’s published on Safal Niveshak. Click here to sign up, or simply enter your email address below.

Tuesday Morning Crisis Reads

A few interesting items for your reading pleasure:

Oops! Second Recession in U.S. Could Be Worse Than First (The New York Timess)
Hmm. The Root of All Sovereign-Debt Crises (Project Syndicate)
Aha! India’s optimism mislaid on back of global news: S Narayan (Moneycontrol)
Okay! U.S. Should Downgrade S&P (EconMatters)
Nice read. It’s Not Armageddon? (The Daily Reckoning)
Politics! Sebi boss denies FinMIn’s interference in its working (The Economic Times)
Nice read. A Wave of Worry Threatens to Build on Itself (The New York Times)
Good perspectives. Why This Crisis Differs From the 2008 Version (The Wall Street Journal)
Hmm. Jim Chanos on S&P Downgrade of US Debt (Value Walk)

What are you reading?

How to Keep Your Head in a World Gone Mad

“The whole world is mad. Stocks will be dropping 30 percent, then rallying 20 percent, and dropping another 30 percent – that’s going to be the pattern. And whoever can’t live with that shouldn’t be buying equities at all.”

These are the words of noted investment guru Marc Faber, the author of The Gloom Boom & Doom Report.

Seeing the way stock markets are reacting these days, it does seem that the world has indeed gone mad.

But as Faber says, if you can’t live with the current uncertainty and volatility in the stock markets, you must not be buying stocks at all.
[Read more…] about How to Keep Your Head in a World Gone Mad

Monday Morning Reading List

A few interesting items for your reading pleasure:

Doom! 2011 could be worse for India as US recession looms large (The Economic Times)
Hmm. Rating downgrade: Did S&P get it right? (CNN Money)
Daring! Buffett Bet $3.6 Billion on Stocks in Quarter Before Rout, Most Since 2008 (Bloomberg)
Nice read. Ending the Moral Rot on Wall Street, Part 1 (Bloomberg)
Funny! AAA to AA+: Here come the battery jokes! (Bloomberg)
You know it! Do Indian banks exist for their customers? (Mint)
Not news. US no longer stable, reliable country: Paul Krugman (The Economic Times)

What are you reading?

This is How Media Adds Fuel to Panic

Here is a snapshot of the home page of today’s Economic Times.

It’s good that the newspaper is updating people – minute by minute – on the latest on the global crisis. But it is images/pages like these that add to people’s panic.
[Read more…]

Sunday Afternoon Reading List

A few interesting items for your reading pleasure:

Aha! Dr. Doom Marc Faber expects a huge rally in stocks (The Daily Crux)
Politician-speak. Our markets can withstand negative sentiments affecting outside world: Pranab (Times of India)
Oh really? PMO can’t be held responsible for 2G irregularities: Montek (Mint)
Nice read. Pressing All the Buttons for a Panic Attack (The New York Times)
Reality bites. The Debt Supercycle (Daily Reckoning)
Funny! When the going gets tough (Mint)
Hmm. 10 reasons to hate Google (CNN Money)

What are you reading?

Your Wealth in Crisis: What To Do?

We wrote last week that the global financial markets were standing on the brink of a steep cliff, with the US economy staring at a possible default.

Anyways, while the US has averted a default (at least as of now), the markets indeed jumped off the cliff, with stocks in the US leading the free-fall.

In fact, this week was the worst for the US markets since the 2008 crisis. The Indian markets also had their worst week since the crisis. The Sensex fell by almost 900 points during the week, with almost 45% of these losses coming on Friday (5th August) alone.

Note: Country names represent their respective stock market indices; Source: Yahoo Finance
Yes, dear reader, this crisis is for real. We, at Safal Niveshak, have been wondering when the markets would wake up to the reality of the debt crisis in the western world.

Now is the time!
[Read more…] about Your Wealth in Crisis: What To Do?