Nifty just skyrocketed to an all-time high of 19000!
It's a historic milestone, but this is just the beginning of the party!
Hold on tight for an incredible ride ahead! Let's make the most of this bullish momentum and embrace the opportunities!
#Nifty#AllTimeHigh#Bullish
Charlie Munger on today's stock market becoming "a mania of speculation" -
"We have computers with algorithms trading against other computers. We've got people who know nothing about stocks, being advised by stockbrokers who know even less."
#BerkshireAGM2022
The best of the cos -Amazon , Google ,Apple,Infosys ,HDFC can fall 20% -30% in a matter of days. Sometimes even more. Yet they hv created tremendous wealth over the years
This is not d first time. Won’t be d last
Focus on business performance over price performance in long run.
I am glad to have gotten a a chance to share my views on personal finance I thank @TheHeadStory to invite me for this amazing podcast.
#personalfinances#markets#investing
https://t.co/QYphOI1R74
New stocks stats:
In the past 10 years 543 new stocks got listed
62.2%: stopped trading
3%: dropped more than 80%
6 stocks: turned penny stocks (below Rs 10)
4%: dropped 50-80%
15%:below issue price
6%: risen 10-50%
5%: 50-100% up
6%: 100-300% up
15 stocks: more than 300% up
If we study the 20 years Sensex chart, we can observe more upwards movements and only 2 crashes.
2008 crash recovered in 2 years and 2020 crash recovered in less than a year.
Random observation |
I would like to thank and applaud my mentors, Family and friends to believe in me and support me throughout. Special thanks to the man behind the show Mr. Prashant V Shah.
@FPSB#personalfinance#WealthManagement#Wealthcreation