Indian stock markets are really booming right now, fresh high today! Hope this continues
LOL…Reliance bhaiyya is on drugs…up 3.2% Friday, up 3.56% in just 20 minutes today. Insane.
@writer99025 What is reliance bhaiyya?
Reliance Industries, India’s biggest company. “Bhaiyya” affectionate term for brother.
@writer99025 I see, good to hear that! Well, we all love passive income, don´t we?
Have you ever invested in penny stocks?
Was just thinking to start learning treading.
Invest in mutual funds and forget about it. Some Indian mutual funds are so smart that from Nov 9 to Dec 31, even everyone was selling, including FIIs and when so called experts predicted doom and gloom in India because of demonitization, they bought stocks worth over $30 billion. Many are now sitting on 50 to 60 percent profits in just 2-3 months.
Hahahaha…I am writing an article right now on India’s stock market boom and how Modi gambled on the economy and won when everyone was betting against him!
Disclaimer: the value of investments can go down as well as up - no-one on the forum is qualified to give investment advice, not even writer!
I didn’t mention any specific stocks, just told him to invest in mutual funds. Funny thing, I don’t take my own advice. My entire stock market portfolio is because of my father’s investments and my investments in my pre-Fiverr days. After I started making real money on Fiverr I became ultra safe and put everything into long-term bonds with 7-8% interest. The investment I made in 2014 Feb, just before I joined Fiverr is up by 66%-70% today. Rest of the portfolio has done even better than my earnings on Fiverr despite me not doing a thing. If only I was brave enough to invest my Fiverr earnings into index funds. Damn. And stock market investments are tax free too! WHAT A FOOL!