May we live in interesting times

Interesting chinese proverb, eh? One theory is that the above phrase is from the Chinese saying which means heroes(leaders) are made over turbulent times.
Nothing could be more apt in these times..

This post would not have any recommendations, what the hell! The entire BSE 30 is worth buying at these valuations!

A nice Warren Buffet quote comes to mind. “Occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics is equally unpredictable, both as to duration and degree. Therefore we never try to anticipate the arrival or departure of either. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

As always the money sought to be invested in equities is ideally something you do not need for the next 4-5 years or so...So no point in panicking.
I happened to come across this smart observation in a gem of an article on the net by Alexander Green,...Extract below...

"Suppose you went out to your garage late one night and saw a huge snake coiled up in the corner.

If you grabbed a shovel and gave it a few good whacks, you might feel pleased with yourself.

But if you turned on the light and found that you'd just cut your garden hose in half, you might feel a little sheepish.

Unfortunately, too many frightened investors are taking a shovel to their stock portfolios right now. Worse still, their investment advisors are goading them on.

the market can always go lower than you think it will - and for longer than you think it will - before a major uptrend appears. For this reason alone, you should not have money invested in stocks that you will need in less than five years.

But for your serious, long-term money, you need to maintain a significant exposure to high-quality stocks.

Yes, the stock market is unnerving and unpredictable in the near term. But inflation makes your future financial requirements unpredictable, too. That's why you need to own stocks, to generate the kind of returns that only equities can give."



Stay focussed and stay invested.. Save money to buy more
Cheers,
Happy Investing
dp