What will happen to my shares??????
By mylo129
@mylo129 (2)
India
July 7, 2008 4:12am CST
These are really scary times for investors. There's a news on www.appuonline.com that inflation, currently at 11.63%, is expected to go to even higher levels as crude prices are expected to rise further.
If this situation actually becomes a realty, the share markets are sure to fall. So under these circumstances, can anyone suggest me what should I do with my shares that are now trading at half their buy price :( ???
1 response
@tutul0045 (2630)
• India
7 Jul 08
Hey Mylo,
As a matter of fact its the right time to buy shares with proper knowlegde. We shd buy shares when its down and not when its rising. Unfortunately we buy shares when we keep hearing that market is on rise.
Well i think u got to hold it at the moment. I have heard that this 2008 is going ot be painful. After october gas prices r going to rise even furthur so eventually sensex will go down.
Market will stabilize from Mid March 2009. So if u have good holding capacity and good shares then hold it as of now.
Cheers and Take care,
Tutul
