People think that speculation is the menace only seen in stock market. Is it true?
Does it exist in other investment options like gold and real- estate? Sure .first of all we have to check what is speculation? Buying an asset at an unreasonable price with the view that it can be sold at a margin is speculation. When a large number of people buy a particular asset with a speculative view, first it appears like a boom, and then it leads to bubble, when that bubble burst, our money evaporates
What is the situation in real estate in India? It is sky rocketing all over the country, especially in cities. People still buy properties with the expectation that some one will come to buy from them, any way this speculation will not last for ever and some will end with some properties which they could not sell
Situation will not be different in the case of gold too. What is the rational in believing that the yellow metal leads the world economy?
Before in vesting any asset class should have enough awareness about its value and price
SIVAPRAKASH P. R
Bulls make money bears make money but the pigs get killed
No comments:
Post a Comment