Bullet Points of Mr.Rakesh
The Government is doing a good jog and interest rate is on a downward trend, the government is setting the base of good growth.
On a cautious note, he says Indian Equities may be head for Testing Times.
I don't think we have to cross 9000 in a hurry and if it takes 3-6 months, i am not bothered.. It is going to take time.
I have made many more mistakes and as time passes by and I mature, I realise how many more mistakes I have made than the right ones.
I am debt free. I have no debt for the first time in my life. When I entered the stock market in 1985, I had Rs.5000. I built my life on debt. Today, I have no effective debt against equity. I am not going to invest easily, because I don't want to have debt and there may be a lot of personal reasons involved in it.
Of course I don't rule it out. Tomorrow, if i see an opportunity, I will take any amount of debt and buy.
You have taken words out of my mouth - I am cautious and confused...
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