Who does not want that extra source of income? Now if you think that you don’t want to indulge in this ‘game' of extra source, then you might be joking to yourself! In India, masses has this trend to try and copy what others do. When we come to know that our colleagues at work are generating that extra bit of income, and that too, by investing in Stock Market, we also want to go that way! The thirst keeps on building when our colleague tells us more and more about how much he/she gained from today’s trade. We think that’s it- I don’t want to be left behind and that’s when Tsunami says Hi!
The disaster:
I will call this a rippling effect. Interestingly, while the numbers remained near to the ground throughout the last few years, it has been noticed that the share of households’ money that go into stock markets tend to mount just before a bubble is about to reach its peak (now this is what is the I call the nastiest part)
Source: RBI
The moral: While investing in Stock Market, don’t just go with the wave. Use your own Datacenter to judge or should I say “Dimag ke batti jalao, Apni akal lagao”???
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