In your interest.
Online Personal Finance Magazine
No beating about the bush.
The past few weeks have highlighted the difference between being right and making money
In the 28th March-10th April issue of MoneyLIFE, this column, written on 21st March, had suggested that “from the depths of despair rises hope. There are several indicators now to suggest that we may be witnessing a short-term bottom here.” The Sensex was 14,995 at that time. This view was reiterated in...
Aproverb says: ‘It is always darkest before dawn.’ Like many other proverbs, this can be applied to investing. The time to buy stocks is when people are deeply pessimistic, provided you can quantify pessimism. A few issues ago, we pointed out that the reading of consumer confidence, as reflected in consumer surveys, shows how downbeat consumers are. When the reading goes too low, based...