Thursday, March 1, 2007

Enter the world of Bulls & Bears

Today's newspaper was crammed with budget analysis and impacts but the thing which caught my attention was the stock market and its dramatic rise and fall on the budget day. For a long time I wanted to invest in the stock market but never had enough motivation, determination and most important confidence to play around with it. But today I somehow didn't need any of these as I was determined enough to invest, that also as the first thing today, as the market was down. I consulted a friend who plays in to this market and sure enough, locked my first lot of Stocks. Sealing my investment with a "good job" note, market recovered 220 points before closing and gave me a profit of Rs. 3.50 per share one the first day itself.

Now we need to wait and watch if I can complete the journey from a tyro to a consummate investor :)

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