Archive for May 2009

How To Get Rich In Stock Market?

This Is A First Question that Comes To Every Prospective Investors Mind.. Well The Best Way To Earn Money Whatever The Phase of the Market Be.. The Key Is Patience. IF you had bought 100 shares of Wipro at the rate of Rs 100 per share in 1980, they would be worth Rs 200 crore (Rs 2 billion) today. If you had invested Rs 10,000 in Infosys shares in 1992, you would be richer by Rs 1.5 crore (Rs 15 million) today. If you had invested Rs 1,000 in Ranbaxy in 1980, you would have got Rs 1.9 crore (Rs 19 million) today! And, not so far back in time, if you had invested Rs 40,000 in Unitech during the lows of 2004, your bank account would see a whopping Rs 1.1 crore (Rs 11 million) today! Some guy out there knew this. Today, he is laughing all the way to the bank. So, what was this guy's magic strategy? It is simple. He bought; he waited Waited for all those share splits and bonus declarations. Waited for the company to grow from strength to strength. Waited even when the shares teetered only to recoup in a few years' time. Just as a child takes time to realise his/ her full potential, so does an investment need time to reward you handsomely. Sure, the times are uncertain now. But let that not scare you to sell for a loss. Patience pays Look back. You will notice that selling in such times makes no real sense in the longer run. Those who didn't sell their stocks during the May 2006 crash but had, in fact, bought more would be a very happy lot today. Investing long term is like that: it rewards you handsomely. Always. Exercise patience. As champion broker Rakesh Jhunjhunwala said recently, if you want to learn more about patience, get married! The way I see it, you don't really need to get married to learn patience. Just look back in time. All these stocks have been multi-baggers for those who stayed on for the long-term. They would have fetched you unimaginable returns today. Do your research You will learn a thing or two about making millions from a few thousands. You can still make those millions! Turn a deaf ear at the sceptics; look at beaten down sectors. Consider aviation and hospitality. Today, aviation stocks are way below their lifetime highs. But, as India grows, so will travel. And within the next three years, they will reward you handsomely. Most people ignore aviation and hotels. And that is why they merit my attention. Pick up stocks that others are ignoring. People who create wealth do things that others do not. I am sure you could make millions if you do, too! Just

  1. Invest In Stocks Which Are Fundamentally Strong
  2. Set A Profit Booking Target
  3. See The Momentum Of The Company
  4. Follow The News Of The Finance Ministry
  5. Have Patience and See The Magic

Abhijeet Insults Islam And Namaz

One of Bollywood’s most popular singers, Abhijeet Bhattacharya, finds himself embroiled in a communal controversy for badmouthing the Muslim practice of namaaz and terming a reputed Indian advocate “a member of Taliban”. The singer, who owns three flats at the Versova Breeze building in Andheri, Mumbai, has apparently been letting out his flats to a large group since more than two years, with about 40-50 people staying in them at a time and without obtaining the mandatory permission from the society or getting a police verification done. When residents and society committee members raised objections about this and called Abhijeet for a meeting citing water shortage and security problems, he is learnt to have stormed in and vehemently abused the Secretary. Thereafter, without any personal matter with advocate Mr Rizwan Siddiquee, another member of the society, Abhijeet abused him and termed him “a member of Taliban”. He further went on to disrespect the advocate’s religious faith and made insulting comments about the pious Muslim practice of namaaz and other religious processes followed by the community. Around a dozen members were witness to the incident. Being a reputed and respected advocate, Mr Siddiquee could not tolerate such indecent and unruly behaviour and has dragged the singer to court. “I am a proud Indian and equally proud of my religion. Abhijeet not only hurt my religious sentiments but has also shown his biased attitude and hatred towards the followers of Islam, ” the advocate lamented. The case has been filed in Andheri Court and Siddiquee has pleaded the court to issue process against the singer for offences punishable under Section 290 (for creating public nuisance), Section 295-A (deliberate and malicious acts, intended to outrage religious feelings of any class by insulting its religion or religious beliefs), Section 298 (uttering, words, etc., with deliberate intent to wound the religious feelings of any person), Sections 352 and 355 (grave provocation with intent to dishonour person), Section 500 (defamation), Section 504 (criminal intimidation, insult intended to provoke breach of peace, which is punishable under Section 506) and Section 506 (whoever commits the offence of criminal intimidation shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or both). “I also want Abhijeet to issue a public apology for abusing and attacking Islam and talking about namaaz in a derogatory and rowdy manner, ” said Siddiquee.

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