Wednesday, October 8, 2008

SHARE MARKET A BOON OR A BANE

You should have seen and read the recent news that an Indian kills family of five and self at Los Angeles


This uncandid action was the least expected of Karthik Rajaram a B Tech from IIT Madras and an MBA from UCLA - a well educated person taking to this extreme in killing self and family Has he any right to do such a thing on self and his family it was his sheer imprudence perhaps in investing his entire wealth in stock market - which always swings up and down - which led him to this unfortunate end.

A sign of insecurity and lack of understanding the meaning of life While we all are with the family at this trying times, it is felt that we should condemn the actions of Rajaram which show how a miserable money possessed coward he was

I am not cursing any one investing in stock market - please do not get me wrong - I too have gone into this - but the point I would like to make here is that do we invest all our fortune on this legal yet highly volatile and speculative market Will it not be prudent to invest that kind of money which even in the unlikely event of a crisis, is sustainable by each of us ?

There are lots of guys amongst ourselves who are totally mesmerised by this speculation. I strongly believe that each one of us should take leaf out of Rajaram's book not be totally money obsessed and to see life in other perspectives. Please hence keep at the back of your mind cases like Kartik Rajaram to avoid such money-obssessed situations Invest intelligentely and prudently to derive dividends and returns to have a peaceful life ahead.

Prudent investment can also make you reap high returns on your investments like the famous Warren Buffet who made everything out of this market!

Are you with me and sail the same page I am in!!!!

CHEERS

2 comments:

Unknown said...

Dear Subbu

Very informative.

Ananth

Andy said...

Hi Subu,
Good to see your blog for market and effect on people. It is the worst situation in financial market for last few decades for whole world. In this mayhem and blood bath you will see these unexpected and unfortunate things happening. People taking own lives and family. It is just a human behavior in extreme trouble. We have already experienced same in ailing cotton farming in AP and Maharashtra. In medical term people becomes mentally ill when they go through stress, family and financial trouble. It doesn’t help people how much and where they have studied. Infect he was mentally ill when he committed such action.
Only thing it puzzles me that when he started killing why his family members ran away from home and they found in inside. His kids were 12 and 17 years…..