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Q.

I have lost more than 75% of my savings.. How much have you lost in downfall of the market ?

Asked by Badri, 11 Oct '08 08:10 pm
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Answers (6)

1.

ALL GLOBAL PRESIDENTS, PMs, FMs, CENTRAL BANK GOVERNERS, INCLUDING THE G7, ARE TAKING CONCRETE STEPS TO REDUCE INTEREST RATES, WHICH IN THE FIRST PLACE, WERE RESPONSSIBLE FOR THE SUB PRIME CRISIS. IN INDIA, UNFORTUNATELY, OUR LEADERS CREATE A PROBLEM FIRST, BY THEIR STUPID POLICIES/ INACTION/DELAY. THEN THEY REACT, NEVER TAKE PROACTIVE DECISIONS. THEN THEY CAUSE FURTHER DELAY BY CONVENING COMMITTEES, TO FURTHER DELAY DECISIONS. THERE IS NO SUCH THING AS " ON THE SPOT DECISION MAKING/ACTING". THEY FEEL THAT - CREATE A PROBLEM, INTENSIFY IT, IGNORE IT, ACT AS THOUGH, THEY ARE TRYING TO FIND A SOLUTION, PARCIALLY SAVE THEIR SKIN, BY BLMEME GAME.etc,etc. IF I WAS THE PM OF INDIA I WOULD DO THE FOLLOWING: 1. REDUCE 'BANK RATES, CRR, REPO RATESetc , DRASTICALLY, TO WHAT THEY WERE IN FIN YEAR 2005-06, BY ORDERING THE RES BANK TO CUT THESE WEF 13 OCT 2008. BY ORDER/PRESIDENTIAL ORDINANCE!! ONLY THEN, THE MKTS WILL GAIN 18-20% EVERY DAY, TILL THE SENSEX REACHES 22000. U A ...more
Answered by sk suri, 11 Oct '08 09:34 pm

 
  
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2.

I lost 30% in last one month
Answered by Sunil Gupta, 11 Oct '08 09:02 pm

 
  
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3.

Even i lost 40% of my investment..., just need to wait..
Answered by Mukesh A, 11 Oct '08 08:54 pm

 
  
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4.

Most of the portfolios are down 30 -40 %.
Answered by A D, 11 Oct '08 08:26 pm

 
  
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5.

Say 20-25 percent
Answered by rajnikant raiyarela, 11 Oct '08 08:14 pm

 
  
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6.

Pl. Don't get disappointed. Wait for some days. You will regain.
Answered by rani sadasivamurty, 11 Oct '08 08:12 pm

 
  
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