In your interest.
Online Personal Finance Magazine
No beating about the bush.
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...
The market decline since January 2008 has been the single-steepest continuous fall in the past five-year bull run. Most publications had forecast that this was the start of a bear market, predicting Sensex levels of as low as 12,000-12,500. For the week ending 25 April 2008, the Sensex ended at 17,016, providing the much-needed and long overdue psychological relief to traders. We take...