Dear Ranjan, Kudos for posting an important message at the right time. Even I\\`m also getting a lot of personal mails on the same subject TINTI (To Invest Not To Invest).
Here i want to ask to all such dear Fearful Investor Friends (FIFs), if u have 3.5L Rs. with u & want to purchase a brand new Car costing same 3.5L, but suddenly in a 3-4 months time its price crashed to 2.3L (equivalent to 35% fall of sensex), \\`ll u purchased it or not.
If the answer is Yes from all dear FIFs, there u r, U have solved the great puzzle of TINTI.
For all dear FIFs, one interesting exercise, please calculate the sensex %age fall from peak of 10 Jan, 2008. Now calculate the %age NAV fall of all funds recommended by most of the time from (myself, Ranjan, Wadia, Pcspune, Kentmss & others). Plz. post ur findings in this discussion & we \\`ll discuss it then.
Many FIFs r telling that their profits have been shrinked or evaporated. I want to tell. till the date u don\\`t book ur profits or loss it is only on paper, nothing real. & finally as all the dear boarders have rightly put in that Eq. is for long term & the only asset class which can provide long term safety net against Inflation.
Note for Dear Ranjan - currently one of our old friend (Mr. P Sunder) is also in discussion on the same subject with me on my mail & may be he \\`ll join also with his inputs on it.
Thanks
Ashal |
Online
Moneycontrol 
