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After Lehman and AIG, what next?
The best stock market investment advice: lie low still the clouds of credit turmoil go away. The wizards of Wall Street designed one sophisticated product after another and now they are unraveling. The next to fall could be the most smart on the Street.
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Re: After Lehman and AIG, what next?
As of now, only serious investors who can wait for two years need to invest in the market. The fundamentals of Indian Economy are still very strong. As a result of stringent rules and regulation, our banking sector is not at any major risk. However, for all those who were dreaming to make it big in the Stock Market it a time for reality check. The lesson is simple and clear : Don't put your money into something which is so volatile and depends on the whims and fancies of foreigners !
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Re: After Lehman and AIG, what next?
Well, forecasts were that Sensex will reach 9000 mark and seems its not really impossible now.
I suggest that investors go in SIP as still we can see more fall in market .
What you say.. MIE ?