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Happy New Year – 2011

This article was posted on Jan 1, 2011 and is filed under Market News

NSEGuide team wishes you, your family and friends a very happy and a Prosperous new year.

Your New Year Resolutions must be ready by now. Hope you have also made some about your investments. If not….. then lets resolve to –

Have a clear financial goal – something that is true & achievable, and focus your investments towards achieving it

Ensure to save before spending the income instead of the other way around

Learn the power of compounding and benefits of long term investing

Understanding the risk-reward tradeoff, so that our investments shall enable us in appreciating the value of our money rather than losing it to the axe of inflation

Always remember, taking on some risk is the price of achieving returns; therefore, if you want to money, you can’t cut out all risk.

Some famous Stock Market quotes:

# “Someone’s sitting in the shade today because someone planted a tree a long time ago.”

# A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.

# “Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.”

# “Price is what you pay. Value is what you get.”

# “Risk comes from not knowing what you’re doing.”

# “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.”

# “I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

# “Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

# “You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right – and that’s the only thing that makes you right. And if your facts and reasoning are right, you don’t have to worry about anybody else.”

# “Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

Best Wishes,

B-Networks group of companies.

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