#informative
When markets are having a blood bath every day..this is something which can console people!!.. though have a feeling that we have tough times ahead...
*Journey of a Man and Indian Stock market (BSE Sensex Index)*
My dad took decision to get married in 1982. Sensex = 173
1983 - I was born and also Indian cricket team won the world cup. Sensex = 212.
1984 - Indira Gandhi shot dead & Bhopal Gas tragedy took place. Sensex = 245
1989 - hung parliament with Congress outside support. Sensex = 714.
1991 - Rajiv Gandhi assassination. Sensex = 1168
1992 - Indian economy opening up. Dream budget by MMS.
Harshad Mehta Scam. Sensex = 4285.
1993 - Bombing in mumbai. Also at BSE building. Riots all over.
Sensex = 2281.
1996 - Indian stock mkt goes digital with NSE's new trading platform. Sensex = 3367.
1999 - NDA comes to power with Atal Bihari Vajpayee as PM.
Sensex = 3740.
2000 - Technology boom. Sensex = 5001.
2001 - Gujarat earthquake. Sensex = 3640.
2003 - Big bull run in Dalal Street. Sensex = 3049.
2004 - UPA coming to power with Left party support. Sensex = 5591.
2006 - Sensex conquering 10000.
2007 - Sensex conquering 20000.
2008 - Sensex falling after touching high of 21200. Crude oil rising upto $ 147.
2009 - Sub-prime crisis in USA bring financial instability world wide.
Sensex = 9568.
2010 - Satyam scam, Common wealth scam, Telecom scam. Sensex = 17590.
2013 - Young RaghuRam Rajan appointed RBI governer. Sensex = 18835.
2014 - BJP alone conquring 283 seats in Loksabha and NDA coming to power with 330 seats. Sensex = 25000.
2015 - Sensex = 30000.
2018 - Sensex = 38000
- - -- - - - - - - - - - -
Looking at the time that went by between 1981-2018 it is clear that in all adversity & prosperity I & Sensex grew. But during this period I grew 37 times & at the same time Sensex grew 219 times.
Surely I and Sensex both faced tough times but they did not last long.
*Moral :- Be a systematic & disciplined investor. Do not rush into things. As time passes you and your investmemts will mature. Nobody can stop that.*
When markets are having a blood bath every day..this is something which can console people!!.. though have a feeling that we have tough times ahead...
*Journey of a Man and Indian Stock market (BSE Sensex Index)*
My dad took decision to get married in 1982. Sensex = 173
1983 - I was born and also Indian cricket team won the world cup. Sensex = 212.
1984 - Indira Gandhi shot dead & Bhopal Gas tragedy took place. Sensex = 245
1989 - hung parliament with Congress outside support. Sensex = 714.
1991 - Rajiv Gandhi assassination. Sensex = 1168
1992 - Indian economy opening up. Dream budget by MMS.
Harshad Mehta Scam. Sensex = 4285.
1993 - Bombing in mumbai. Also at BSE building. Riots all over.
Sensex = 2281.
1996 - Indian stock mkt goes digital with NSE's new trading platform. Sensex = 3367.
1999 - NDA comes to power with Atal Bihari Vajpayee as PM.
Sensex = 3740.
2000 - Technology boom. Sensex = 5001.
2001 - Gujarat earthquake. Sensex = 3640.
2003 - Big bull run in Dalal Street. Sensex = 3049.
2004 - UPA coming to power with Left party support. Sensex = 5591.
2006 - Sensex conquering 10000.
2007 - Sensex conquering 20000.
2008 - Sensex falling after touching high of 21200. Crude oil rising upto $ 147.
2009 - Sub-prime crisis in USA bring financial instability world wide.
Sensex = 9568.
2010 - Satyam scam, Common wealth scam, Telecom scam. Sensex = 17590.
2013 - Young RaghuRam Rajan appointed RBI governer. Sensex = 18835.
2014 - BJP alone conquring 283 seats in Loksabha and NDA coming to power with 330 seats. Sensex = 25000.
2015 - Sensex = 30000.
2018 - Sensex = 38000
- - -- - - - - - - - - - -
Looking at the time that went by between 1981-2018 it is clear that in all adversity & prosperity I & Sensex grew. But during this period I grew 37 times & at the same time Sensex grew 219 times.
Surely I and Sensex both faced tough times but they did not last long.
*Moral :- Be a systematic & disciplined investor. Do not rush into things. As time passes you and your investmemts will mature. Nobody can stop that.*
Interesting
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Even Warren buffet has advised that invest when it's cloudy and sit on cash when sun is shining bright!!
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Firooz Khan
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08 Oct 2018