This may sound foolish but I have reasoning to think it is true.
US financial ruled this world through the 20th century and had grown “too big to collapse”. This is a fallacy. People think they have made things so certain that nothing can happen to them but CHANGE is the only real thing in this world.
This is an economic problem but should be seen in socio-economic light to understand its benefits. Fall of US financial system will lead to fall of US weapons business and oil diplomacy. Remember these two things are the root cause of world terrorism whether it is Georgia, Chechnya or Afghanistan. I hope everybody is not naïve enough to believe that Osama is fighting for religion. No body fights for religion. People take advantage of the gullibility of the innocent fools by invoking their religious sentiments to fulfill their greed for money or power (again motivated by the business). He was a business man and is a business man. Only thing is he has changed his business from construction to terrorism.
Fall of US hegemony in world weapons business and oil diplomacy will leave no motive for sheikhs in middle-east to finance Osama and many others like him to fight against US. Moral of the story is market forces are the best judge of what is right. Osama could never have achieved victory over the US financial terrorism by battle of gun. This will surely bring slow down in terrorism business, budding terror outfits will see lack of funding avenues. Thus making world a better place to live and also save a lot of tax payer’s money that goes in fighting these idiots. I am not saying terror will end with this. No it will not. Violence is in human nature but there will be a pause for a while.
Secondly, if we look at history fall of big and powerful has always made world a better place. Fall of USSR led to end of cold war and world became safer place to live. Fall of US financial system will make world a better place to start new business. Fall of these multi-billion dollar giants will open a lot of opportunity for lot of entrepreneurs. My advice to all the young and talented INVESTMENT BANKERS is to use their talent and start on their own. They have earned enough to bootstrap for few days. This way world will soon see many more JP’s and Stanley’s on future. Also fall of US business supremacy will mark the emergence of CHINA as true business power house of the world which is good. Smart businessmen should start orienting their business towards China.
I agree that there is panic all around but it is not because we see end of world in front of us. It is because we are not ready to accept the change. The biggest mistake that US government is doing is to fight the change and not absorb the change. All this bail out strategy will only lead to worsening of the US economy. Moving away from capitalist fundamentals to socialist strategy is a bad bad bad bad very bad idea. Socialism failed not because it was a bad economic system. It was a great man made economic system in search of a true UTOPIA. It failed because it was against the laws of nature (things should survive by adaptation and struggle and not by subsidiary).
The current panic has been induced by human outcry which comes from trading floors. If US government wants to absorb this panic then they should let sentiments settle down. Declare bank and market holiday for a week. It is not a crazy idea this is done all the time in times of panic. History also tells us that during the great depression president Franklin D Roosevelt had declared 3 days of bank holiday to cool things off. This will kill the noise and give everybody a chance to think for a solution.
One thing that I believe in is what James Dines, Investment newsletter writer said “If you hear that everybody is buying a certain stock, ask who is selling.” For past week I am looking at price of all financial stocks falling to the rock bottom. Now again innocent fools don’t know how price is discovered in the market. Price comes when trade happens. So if price is falling then somebody is buying and it is not the retail investor for sure. It will be some of the financial institutions again or HNIs. At this point somebody (much more educated, smart and shrewd) still thinks Lehmen is worth buying. May be we should try to find these people (may be ask George Soros) and ask them what they see in future. I can guarantee that these guys will have the right answers to all this mess and not a business professional or a stock analyst.
Lastly, I think this crisis has been inflicted upon us by this so called business professionals who are elusive. We know there is problem but we don’t know what caused the problem and who is responsible for it. Everybody has just walked out of the Lehmen premises as if somebody outside their company took the investment decisions. To understand my point, please see “Wall Street” and pay attention to the scene where Gorden Geko gives speech to Teldar stock holders.
“Management has no stakes in the company, the Carnegie and Mellon build business empires because they had stake in the company”.
We the stock holders have to pay a serious attention to the role of business professionals in the modern business world. Business professional are concerned only about their bonuses which are proportional to rise in top and bottom line. And that is the reason why we see companies changing CEOs so frequently. They all are interested in making fast buck and earn bonus. They just do their JOB and don’t create value. Invest in a company which is run by entrepreneurs, the crusaders, and not by professionals.
Akhil Bansal
Friday, September 19, 2008
Tuesday, July 3, 2007
Online stocks ticker and widget for bloggers and websites
Wanna have a cool stocks ticker as available below on your web page that show NSE market quotes for Top Indian stocks?
width='100%' height='40' scrolling ='yes' frameborder ='0' marginheight='0'>
width='100%' height='200' scrolling ='yes' frameborder ='0' marginheight='0'>
Add a new stocks ticker to your blog page or web page by adding any one of the following piece of code in your web page or the blog and you can have cool stock ticks powered by khelostocks. The stocks quotes made available here are NSE market quotes. This ticker has quotes for upto 400 most traded stocks on NSE.
width='100%' height='40' scrolling ='yes' frameborder ='0' marginheight='0'>
width='100%' height='200' scrolling ='yes' frameborder ='0' marginheight='0'>
Add a new stocks ticker to your blog page or web page by adding any one of the following piece of code in your web page or the blog and you can have cool stock ticks powered by khelostocks. The stocks quotes made available here are NSE market quotes. This ticker has quotes for upto 400 most traded stocks on NSE.
Learning Online Stocks trading with a virtual trading game
Online stock trading has opened the world of stocks to millions of young investors who might not have considered investing in stocks otherwise. The get-rich-quick success stories have further boosted the attraction for stock market. However, it is not that simple as it looks on the ground and many have burnt their fingers. The continuing bull-run in the market is another reason for investors queuing up to enter the world of online trading without sufficient knowledge of the market and without any prior home work. However, once the bears take control of market trends, even for a short period of time, the investors realize that it is the time to harness their knowledge and strategies for playing the stock market game. The rule of the game is that though internet has made stock trading simple, it has not changed the basic fundamental of smart investing. The investors still need to follow certain rules and guidelines to help them make money the smart way, no matter whether they invest online or through traditional way.
A huge range of websites and trading portals are available that provides an investor with daily market commentary, stock tips and trading fundamentals other than trading and depository facilities. But they all come along with high cost and extreme risk, none of them provides an emerging investor with a safe learning space at zero cost.Sensex at 14,000 is the most talked about topic these days and everybody seems to be interested. Every body is euphoric about this phenomenal rally. But most of them do not make sense of it. They only understand one thing that there is lot of money involved and some big bulls out there are making lot of money. But they really wonder as to where be their pie of 14,000 and here emerges Khelostocks.com that empowers masses to get their share of thrill, adventure and capital market education out of this rally. Khelostocks.com can cater to all these people, those who do not have money, those who have money but are risk averse, those who have money and also willing to takes risk but do not have the know how. Khelostocks is a one stop Virtual Stocks Trading Portal of India.
Liberalization and consistent economic growth of India in past decade has lead to the emergence of a bullish phase in the Indian stock markets. The exorbitant growth rate show cased by stock markets has attracted a whole new breed of investors, which consists of youngsters working in knowledge economy, students and housewives. These are the people with lot of liquid money in hand and free excess to internet together with a simple goal of making fast money. These youngsters, who splurge at malls, shopping plazas and multiplexes, have high disposable incomes. They are “the young and the restless”. These ‘spendthrift’ professionals have now chosen investing in stocks as an expressway to making fast bucks. But the point to notice here is that most of these potential customers belong to middle class, they are risk averse and they are huge in number.
Khelostocks.com at this point emerges as the only opportunity for this emerging group of willing investors to test their trading fundamentals and techniques and learn new ones and turn themselves into savvy investors, before stepping into the real market. It is typically a stock game which provides learning as well as thrill of trading. At the same time high performers on Khelostocks.com can get cash prizes on daily basis. Khelostocks.com is a virtual stocks trading portal. It’s a platform that helps an evolving investor to experience the dynamics of real time stocks trading at zero cost and zero risk. Here a willing investor can trade in equities of top Indian corporate in a virtual manner. It helps client to learn and test most of the online trading techniques and fundamentals. With my personel experience and analysis I can say it is the most safe way of experiencing stocks trading as close as real.
How it works
Every client, on signing up, is provided with virtual one million rupees. Market data is streamed on a real time basis into the Khelostocks.com systems from National Stock Exchange for 400 companies listed on NSE. A user can place buy or sell order on both intraday and delivery basis in the Khelostocks trading systems using the virtual cash provided to him. Order can be placed at both limit and market rates. Now as the desired trading rate by the client is reached in the spot market his outstanding order is materialized and client becomes an owner or seller of the script as the case may be. As long as the order remains outstanding in the Khelostocks.com order book, corresponding margin is blocked for the Client. On buy trade, money is deducted from his cash assets and in case of a sell trade money is credited to his cash assets. Client’s net profit, loss and net assets are updated to his Account summary. Hence the client is playing with real time stock values and trading techniques but with virtual money.
Key Features
A huge range of websites and trading portals are available that provides an investor with daily market commentary, stock tips and trading fundamentals other than trading and depository facilities. But they all come along with high cost and extreme risk, none of them provides an emerging investor with a safe learning space at zero cost.Sensex at 14,000 is the most talked about topic these days and everybody seems to be interested. Every body is euphoric about this phenomenal rally. But most of them do not make sense of it. They only understand one thing that there is lot of money involved and some big bulls out there are making lot of money. But they really wonder as to where be their pie of 14,000 and here emerges Khelostocks.com that empowers masses to get their share of thrill, adventure and capital market education out of this rally. Khelostocks.com can cater to all these people, those who do not have money, those who have money but are risk averse, those who have money and also willing to takes risk but do not have the know how. Khelostocks is a one stop Virtual Stocks Trading Portal of India.
Liberalization and consistent economic growth of India in past decade has lead to the emergence of a bullish phase in the Indian stock markets. The exorbitant growth rate show cased by stock markets has attracted a whole new breed of investors, which consists of youngsters working in knowledge economy, students and housewives. These are the people with lot of liquid money in hand and free excess to internet together with a simple goal of making fast money. These youngsters, who splurge at malls, shopping plazas and multiplexes, have high disposable incomes. They are “the young and the restless”. These ‘spendthrift’ professionals have now chosen investing in stocks as an expressway to making fast bucks. But the point to notice here is that most of these potential customers belong to middle class, they are risk averse and they are huge in number.
Khelostocks.com at this point emerges as the only opportunity for this emerging group of willing investors to test their trading fundamentals and techniques and learn new ones and turn themselves into savvy investors, before stepping into the real market. It is typically a stock game which provides learning as well as thrill of trading. At the same time high performers on Khelostocks.com can get cash prizes on daily basis. Khelostocks.com is a virtual stocks trading portal. It’s a platform that helps an evolving investor to experience the dynamics of real time stocks trading at zero cost and zero risk. Here a willing investor can trade in equities of top Indian corporate in a virtual manner. It helps client to learn and test most of the online trading techniques and fundamentals. With my personel experience and analysis I can say it is the most safe way of experiencing stocks trading as close as real.
How it works
Every client, on signing up, is provided with virtual one million rupees. Market data is streamed on a real time basis into the Khelostocks.com systems from National Stock Exchange for 400 companies listed on NSE. A user can place buy or sell order on both intraday and delivery basis in the Khelostocks trading systems using the virtual cash provided to him. Order can be placed at both limit and market rates. Now as the desired trading rate by the client is reached in the spot market his outstanding order is materialized and client becomes an owner or seller of the script as the case may be. As long as the order remains outstanding in the Khelostocks.com order book, corresponding margin is blocked for the Client. On buy trade, money is deducted from his cash assets and in case of a sell trade money is credited to his cash assets. Client’s net profit, loss and net assets are updated to his Account summary. Hence the client is playing with real time stock values and trading techniques but with virtual money.
Key Features
- Khelostocks.com is a virtual trading portal and hence it has zero risk.Khelostocks.com is web based trading portal free to sign up.
- Khelostocks.com allows trading in top Indian stocks on the spot market rates.Khelostocks.com provides a real time trading environment with all the trading ingredients of a cash market segment such as
- Intra-day trade
- Delivery trade
- Margin trading
- Limit and Market type orders
- Transfer of intraday trade position to delivery
- To help traders to make a head start Khelostocks.com provide them with daily Market Outlook and intraday as well as delivery based Stock Tips.
- Khelostocks.com has easy to use Streamer, Get Quotes and Stocks Calls facility.
- Khelostocks.com gives explanation to niche market terms that helps evolving investor to understand the market lingo.
- It also facilitates clients to ask their queries and doubts.
- Khelostocks.com provides has an exclusive News Room that provides the latest business and market news from various sources at one place.
- Khelostocks.com provides has hosted a number of Trading Tutorials that help investors to learn the basics of trading.
- Khelostocks.com also hosts an exclusive investor forum where investors can discuss and exchange ideas.
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