Ask 10 persons about their opinion of the Indian share market, and you will get the following responses:
Just a few may say something positive
India is a country that is seeing a lot of change. Its visible in our cities, in our communication networks, and most of all, in the attitudes and thinking of people.
About 300 years ago, India was the richest country in the world. Then came a few wars, the British and Europeans, and a post independence Socialist regime. Its only in the last 20 years that India is getting a taste of what it's been missing.
Freedom to work, freedom to earn, to live on our terms, to take pride in what we have. The Rest of the World is not to be blindly admired and coveted. They had their chance. Now is our chance to be as good or better.
The Indian Equity market has been through many phases over the last 30 years. But without a doubt, I will say that today Indian equity market s and platforms are among the best in the world in terms of transparency, low manipulation, low costs of transactions and efficiency.
So today, they better represent the Indian economy, the industry and enterprise and the aspirations of the Indian population.
People have been hurt and burned in the past. But its time to learn the important lessons. And realize that if handled properly, the equity market is the most important Wealth creation asset for Indians today.
I realized this in my 10 year journey from a novice to a professional equity and portfolio analyst.
It's a lot like fire. It can harm you and burn you. But if controlled and used with safeguards, it can cook your food everyday for the rest of your life.
Here's my suggested path:
This is how I went about my learning curve. But in my case, I was able to not just get investing success, but actually developed a passion for it.
I now publish equity research on my website, www.jainmatrix.com, and provide portfolios for investors to buy. As an equity and portfolio adviser, my firm JainMatrix Investments supports investors through their learning and investment cycle.