“HAPPY DAYS ARE HERE AGAIN”
Dear friends,
The country has witnessed a rarest of event. Never in last 30 years of India, any
political party has stamped its authority the way BJP has done. I will not go into any
eulogies as everyone must have read volumes on it.
Modi Govt represents the hopes of 1.25 billion people. Hope of:
- Of a working govt
- Of efficient and accountable beauracracy
- Of clean India
- Of corruption free India
- Of dreams, of aspirations, of desires of each and every citizen
What does it mean for Equities markets:
- An effective govt means accelerated reforms
- An effective govt means stable rupee
- An effective govt means growth and development, etc etc…
At the risk of sounding pompous, I had in my article dated 2 nd Oct 2013, had stated
that the only asset class that will make money is equities (article copy attached).
And see, how the scenario has changed from doom to boom in 8 months only. And
this is what exactly I had stated. I reproduce what I wrote:
“What I am trying to establish is that, reasons will appear automatically for the markets to behave and take its course of naturality”.
Friends, I can, with conviction say that it is the time to put money into stocks for
next 2/3 years time frame. Markets have jumped 25% in 3 months. In all likelihood
it should correct itself over next 3 months period by 10-12%. (again a logical
statement only, no thesis). As and when correction comes, every investor must
aggressively invest into stocks. That is BUY AT ALL DIPS.
One can buy directly into stocks or through mutual fund route in SIP mode.
But Equities it is.
A very systematic and disciplined approach to investing will yield superlative
returns.
Each investor, must invest a fixed sum every month into diversified portfolio of
stocks and I am confident that in the long run (2- 3 years) he is bound to reap
fantastic returns on his investments.
With warm regards,
Samrendra Tibarewalla, CFPCM
PS: You are the best manager of your money. Please take informed decisions only.
Disclaimer : The author in no way will be held responsible for losses incurred on the basis of above recommendations. The investors are advised to take independent decisions after verifying all facts.