Its march & Mukherjee babu is back with his magic suitcase.An advocate & teacher some time, Mr. Pranab mukherjee has his roots in bangla congress , a communist ideology political party so a populistic budget is something we indian always expect from pranan da.

This time, star of the budget for service class is tax slab revision. it actually affects the money i am going to get in hand but should i enjoy ? well lets see a holistic picture .we are just over with 6th pay commission (ofcouz we "Non sarkari" people dont have much to cheer in that case) so govt already pumped so much liquidity in market through vast pool of govt . employees now this tax slab revision add to that effect but thing is commodities are limited so more money less item to buy result in more inflation .story does not end like this more inflation more illegal stocking of items like food grain , commodities etc. result more inflation.
but pranab da is intelligent man he know that in india a finance minister is like a magician who know how to play "one hand give , one hand take" & best part of game we clap on this coz this is our annual budget so finance minister played with his magic wand and added some new tricks like fuel oil price rise ,excise duty rise on auto sector. other money taking trick are still in background those can be implemented in stages ("sau saunar ki " seem to be less painful than "ek lohar ki") & we should be ready for that.
money moves like this & we call this game " economy ".

namaste!

after a long "No post " break finally i am back to the world of thoughts. if i say i was not putting my mind for a new post , it may not be true.Life's pace never slow down, new things keep happening to you but hitting the keys to type is too tiresome sometime.
Form last few months my life is revolving around very basic things like job,movies,hangouts but new things come every day in new pack which range from a weird session with my DGM at a normal job days talking about Girls to a unexpected weekend with keertan mandali of my colony , & a brawl for seat at my favorite "Nazir" restaurant for enjoying a delicious chicken savories .
but recently i invented a very new term that is "the virtual breakup".what will you call a break in series of talk form an unknown person from internet to whom you are virtually in love with ,mind the word virtually . alas!! yes it is "virtual breakup" & good thing with this is you also know that it was not serious so why should i bother.

Life always bring something unpredictable in a wrap of predictability so live like predictable & act like unpredictable.

cheers !!!!

Sensex ...10000+...sounds cool to ears & relaxing to soul.
Old investors are looking this as opportunity to square up the loss they incurred in previous downfall & New investors are finding it as chance to start their invest - odyssey so called.but 1000 + point gain in single week is little indigestible for my mind along with a news that almost all gold funds are losing their shine.so i am in kind of dilemma whether market is gearing up for new starting for 20000 mark or it is again luring investors like witch's charm to grab their money. But Some reports are suggesting the US recession is counting their dayz .
opinion ,just play wait & watch policy for few dayz,don make hap haze decision to invest & earmark your money for next pullback .
lets hope for best.

Aloha!!!

Ashish kr. Chaudhary

“ The investor’s chief problem-and even his woarst enemy is likely to be himself.” -Peter Lynch.

हजारों ख्वाहिशे ऎसी की हर ख्वाइश पे दम निकले
बहुत निकले मेरे अरमा लेकिन फिर भी कम निकले

......lines penned by legend Mirzaa gaalib and exquisitely incarnated in a majestic Gazal by Jagajiit singh.these lines truly portray a dejected person 's thoughts at dusk of life.what can be better than a calm night with this kind of mild music playing at your earphone and a good book in your hand like i am having " white tiger" by Aravind adiga.when it come to reading i always rely upon bestsellers (coz i am not a really avid reader of books) and this book is even have a booker award in its tally.very first time with Hindi word & a smaller post comparatively my last posts i take leave

adios!!!!!

ashish

"heaven" refers to the realm that is the interior part of a human being, and that the "divine self" is none other than the selfless light existing in our innermost depths.

"7 January "my Birthday has brought me certain new traits this year.there are certain things in my life i want to change ,it could be my lethargic life style or could be my time utilization technique so called,but i am here to talk about something very prevailing in all Indians specially investors and that is Emotions.We Indian investors are very emotional when it come to invest our hard earned money.Our brains are driven by a term know as Market sentiments, it can be seen by volatility of Indian stock market.it may take a second to covert a Bullish market into a Bearish one.when market dips we suck out our money like crazy seems it'll not go up never ever but when its slope reverses when throw our money with a thought for further consideration.

and here is catch,companies need money, they know that up til when their stock are market' darling they will keep making money in this Money Opera.they keep manipulating their balance sheet,keep exaggerate their profit so that Indian investor keep blindly follow them.Satyam is just a tip of iceberg ,like always if you are caught you guilty other wise as pure a gangajal or as kosher as gita.if i would had been a big time investor in satyam ,i would surly feel cheated.luckily i sold all my satyam stock on 6 jan at 176(at just 12 rs profit) coz at that day i just see a really good flaw in satyam's profile a 1000 billion company is making annual profit of 300 billion approx. this mean a net 30% return on your investments, seems skeptical .Result was series of lies from Mr. ramalinga raju(satyam's CEO).The day on which satyam's story go busted followed by confession of Mr Raju.a net fall of 77.5% (quite big number for a top notch share).

but question is who 'll pay they the money investor have lost,who 'll bring their faith back in stock market .most of may relative or friends those who invest in stock market are in lose coz they started their portfolio in market when it was 20k+ but now its below 10 k.that mean half of money have vanished till date from then.As a micro investor (i call me so coz i invested a very little amount of around 10 k in market) i asked to myself have i done right thing by entering in market?why am i putting a burden on my head.

actually for people like me those cant put there full attention in market due to some inevitable problems and reasons stock market is a sophisticated gamble.may be i will start understanding its move after getting some experience,but till then my investment will not go up. my new trait is to follow my brain not the heart when it come to money ,emotion should take back seat during stock market .don't follow the crowd ,make your research about market a ultimate weapon these are few thing i wanna incorporate in my so call investor soul.
so i say bye and happy investing........

namaste!!!!

Ashish

"I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is."
Jim Cramer

finally after a long pause in my blogging list got time to do the thing i enjoy. during last period of time lot of thing happen to me which i definitely want to share like i got a sign of democracy at my index finger means i voted for first time in Delhi election, but to whom this question'll not serve any purpose because as like most of people of my age i too don’t adore politicians(most of) but i do venerate politics as this is platform where some really good leaders had performed ,now performing(not too much) and for sure will perform.

On a question for the politician i like most, it is possible that I'll go puzzle. But if i ask to frame a defination for indian politic statue from persent assortment of leader cum politicians would say I’ll become a mad scientist coz i need to take different quality part from different leaders to form this Democratic Frankenstein. these Different qualities i would suggest will be strong public image like narender modi & mayavati, situation handling capabilty like soniya gandhi,clear image like manmohan singh, down to earth people like lalu prasad yadav,experienced like atal bihari vajpayi, these names are a few .actually i find a really expressive quality in each and every leader along with other things we usually point out to back our words for not adoring these politicians.i respect individuality of a person & his a specific characterstic as well.i dont want to see myself in the crowd who allege these politician of being crooked & debaunched and i wish i could impart these specific qualities in my dream politician,may be some day i would able to see myself at that plateform to perform for my society and its inhabitants.

i am closing in the shadow of war of words between india & pakistan due to 26/11 .with a pray to god to pour some guts in our external affair minister & PM,i take leave.

Adios!!!

Ashish Kr. chaudhary

“Democracy means simply the bludgeoning of the people by the people for the people.”

what a melodramatic situation it is,investor's minds are in chaos.Investment banks ,better known as money making traders, are searching shelters to save their heads from this avalanche.the top class executives of these companies who used to change their places either by Audy or private jet are thinking of so economic use of resources.
Juggernauts of wall street are now begging for survive there.i don't know exactly when this downfall had started.but first alarming bell i heard when bear sterns a leading global investment banking & securities trading sold itself to a meager price of $10 per share to JP Morgen.At that time price for that share was $172 once in the market but company could not sustain its reputation & go sold.
after that AIG (American international group) grant a alms of $85 billion for US govt.situation can be better visualize from this fact AIG's share prices fell over 95% to just $1.25 on September 16, 2008, from a 52-week high of $70.13.
it wasn't enough,merrill lynch one for top recruiters of IIMs (my dream destination) was sold to bank of America at a penny price of $50 billion for such a big name.may be the bull in the logo of Merrill lynch was hiding his down head somewhere.
but news of big daddy was still in the way then,fear on investor's face increased drastically after yesterday.A name for which a iim student cheers like a kid with all dream fulfill go busted.Lehman brother filed its case for bankruptcy

now may be a well established investor can bear this shock but what about small ones,the trust these names n put their hard earned money on the table.this all is not a sudden collapse but its a result of long back greed driven works of these banks.its is said that according to chaos theory a flaps of butterfly 's wing set up a tornado in other subcontinental but what happens when this sub prime like dragon flaps his wing..lets see
this s what we called law of gravity "the thing which go in sky surly come back "..off course i am not talking about a stone with 11.2 kmps escape velocity
but what is in it for me.i am a wanna be investor i want to put ma money for growth but is it a good starting scenario for me.may be yes may be not,lets wait & watch

aloha!!

your

ASHISH

“ The four most dangerous words in investing are, It’s different this time.” -Sir John Templeton, legendary investor.