Or should I say, Fall and Rise..
Well after the last update we saw on the refineries having a great fall in their prices, its time for a rise.
With the view to hedge against the growing Inflation, all the investors trying to buy the Oil shares. They are trying to invest into the oil market hoping that prices will increase with this inflation.
Its good news again for those who have already bought the shares.
Reliance Petro is now at 170.05/-
This is more than what I paid when i bought.. So now my luck is shining :-D
Bharat Petroleum is back on track with 445.55/- from a low of 434/-
Essar has leaped from 222/- at which it closed to cross the last high of 232/- to reach 244/-
Chennai Petroleum is however still in the Red zone infact going lower by a rupee than last 288/- to 287/-
Hmm i think I should just wait and watch..
Highest gainer today Larsen n Toubro ! awesome 6.93% rise..
Tuesday, March 11, 2008
I n f l a t i o n
I liked this example which they used to explain the meaning of Inflation..
"in inflation everything gets more valuable except money"
"in inflation everything gets more valuable except money"
Friday, March 07, 2008
Code Red
Reliance Petro has moved to the Red zone from Green :-(
I bought it at 167/- .. 20 of them.. and now its 154/- today :-O
It was doing well after a few days since I bought. All of a sudden this sudden crash.
In the same sector is Bharat Petroleum. I was keeping an eye on it too. It has incidentally gone into red zone as well..
Its last close was around 450/- and today its on 434/-
Essar Oil closed from 232/- to 222/- today going into the Zone red too.
Chennai Petroleum has also gone from 303/- to 288/- again getting it to the zone red!
Seems the Refineries sector is doomed !!!
My first try on shares was unlucky..
lets hope things get better !
I bought it at 167/- .. 20 of them.. and now its 154/- today :-O
It was doing well after a few days since I bought. All of a sudden this sudden crash.
In the same sector is Bharat Petroleum. I was keeping an eye on it too. It has incidentally gone into red zone as well..
Its last close was around 450/- and today its on 434/-
Essar Oil closed from 232/- to 222/- today going into the Zone red too.
Chennai Petroleum has also gone from 303/- to 288/- again getting it to the zone red!
Seems the Refineries sector is doomed !!!
My first try on shares was unlucky..
lets hope things get better !
Wednesday, March 05, 2008
Investment: Shares and Market
Yep finally I am interested in Finance and this is to remain for good... (i hope so)
I am trying to understand How the Share the Market works..
Yes, have taken this up seriously.. well i have taken this up many time before but ended up not understanding much.. This time I hope to stick on and get a good understanding on it..
I have decided to keep aside or rather allocate some money which I can invest. Now here I am in the whole wide world of companies whose share I can buy.. Whom to pick and why and whats the latest on the shares I bot.. is what i will talk about :-)
As of now.. still searching for the right company to invest in..
Understanding how to keep track of the companies in which I can invest.. what is the company investing into? What does the company claim to do and perform in future.. These points will help deciding which shares to buy..
As of now.. I think there is alot of scope on building the infrastructure of the country. Real estate is booming, power and energy are that we need to look into..
Just my guess with the li'l knowledge I have..
But for now.. specifically I am thinking of Reliance.. what say??
I think for the long run it will be good.. But it is so expensive :-( Reliance Petro is one i can afford.. its like 162/- today....
hmm I think I shall track Reliance to start off.
Lets see if its a wise decision..
I am trying to understand How the Share the Market works..
Yes, have taken this up seriously.. well i have taken this up many time before but ended up not understanding much.. This time I hope to stick on and get a good understanding on it..
I have decided to keep aside or rather allocate some money which I can invest. Now here I am in the whole wide world of companies whose share I can buy.. Whom to pick and why and whats the latest on the shares I bot.. is what i will talk about :-)
As of now.. still searching for the right company to invest in..
Understanding how to keep track of the companies in which I can invest.. what is the company investing into? What does the company claim to do and perform in future.. These points will help deciding which shares to buy..
As of now.. I think there is alot of scope on building the infrastructure of the country. Real estate is booming, power and energy are that we need to look into..
Just my guess with the li'l knowledge I have..
But for now.. specifically I am thinking of Reliance.. what say??
I think for the long run it will be good.. But it is so expensive :-( Reliance Petro is one i can afford.. its like 162/- today....
hmm I think I shall track Reliance to start off.
Lets see if its a wise decision..
Betty's Diary
Got this really funny fwd :-)
Check out whats written in Betty's Diary !
January
Took new scarf back to store because it was too tight
February
Fired from pharmacy job for failing to print
labels.....Helloooooo!!!.......bottles won't fit in
printer!!!
March
Got really excited.....finished jigsaw puzzle in 6
months.....box said "2-4 years!"
April
Trapped on escalator for hours....power went out!!!
May
Tried to make Kool-Aid......wrong instructions....8
cups of water won't fit into those little packets!!!
June
Tried to go water skiing.......couldn't find a lake
with a slope.
July
Lost breast stroke swimming competition.....learned
later, the other swimmers cheated, they used their
arms!!!
August
Got locked out of my car in rain storm.....car swamped
because soft-top was open.
September
The capital of Calif ornia is "C".....isn't it???
October
Hate M &M's......they are so hard to peel.
November
Bak ed turkey for 4 1/2 days .... instructions said 1
hour per pound and I weigh 108!!
December
Couldn't call 911 . "duh"..... there's no "eleven"
Button on the stupid phone!!!
Check out whats written in Betty's Diary !
January
Took new scarf back to store because it was too tight
February
Fired from pharmacy job for failing to print
labels.....Helloooooo!!!......
printer!!!
March
Got really excited.....finished jigsaw puzzle in 6
months.....box said "2-4 years!"
April
Trapped on escalator for hours....power went out!!!
May
Tried to make Kool-Aid......wrong instructions....8
cups of water won't fit into those little packets!!!
June
Tried to go water skiing.......couldn't find a lake
with a slope.
July
Lost breast stroke swimming competition.....learned
later, the other swimmers cheated, they used their
arms!!!
August
Got locked out of my car in rain storm.....car swamped
because soft-top was open.
September
The capital of Calif ornia is "C".....isn't it???
October
Hate M &M's......they are so hard to peel.
November
Bak ed turkey for 4 1/2 days .... instructions said 1
hour per pound and I weigh 108!!
December
Couldn't call 911 . "duh"..... there's no "eleven"
Button on the stupid phone!!!
Monday, March 03, 2008
Rise and Fall
Lovely song by Craig David.. Rise and Fall..
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall !
I always said that I was gonna make it,
Now it's plain for everyone to see,
But this game I'm in don't take no prisoners,
Just casualties,
I know that everything is gonna change,
Even the friends I knew before me go,
But this dream is the life I've been searching for,
Started believing that I was the greatest,
My life was never gonna be the same,
Cause with the money came a different status,
That's when things change,
Now I'm too concerned with all the things I own,
Blinded by all the pretty girls I see,
I'm beginning to lose my integrity
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall
I never used to be a troublemaker,
Now I don't even wanna please the fans,
No autographs,
No interviews,
No pictures,
And less demands,
Given advice that was clearly wrong,
The type that seems to make me feel so right,
But some things you may find can take over your life,
Burnt all my bridges now I've run out of places,
And there's nowhere left for me to turn,
Been caught in comprimising situations,
I should have learnt,
From all those times I didn't walk away,
When I knew that it was best to go,
Is it too late to show you the shape of my heart,
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall
Now I know,
I made mistakes,
Think I don't care,
But you don't realise what this means to me,
So let me have,
Just one more chance,
I'm not the man I used to be,
Used to beeeeeeeeeee
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall !
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall !
I always said that I was gonna make it,
Now it's plain for everyone to see,
But this game I'm in don't take no prisoners,
Just casualties,
I know that everything is gonna change,
Even the friends I knew before me go,
But this dream is the life I've been searching for,
Started believing that I was the greatest,
My life was never gonna be the same,
Cause with the money came a different status,
That's when things change,
Now I'm too concerned with all the things I own,
Blinded by all the pretty girls I see,
I'm beginning to lose my integrity
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall
I never used to be a troublemaker,
Now I don't even wanna please the fans,
No autographs,
No interviews,
No pictures,
And less demands,
Given advice that was clearly wrong,
The type that seems to make me feel so right,
But some things you may find can take over your life,
Burnt all my bridges now I've run out of places,
And there's nowhere left for me to turn,
Been caught in comprimising situations,
I should have learnt,
From all those times I didn't walk away,
When I knew that it was best to go,
Is it too late to show you the shape of my heart,
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall
Now I know,
I made mistakes,
Think I don't care,
But you don't realise what this means to me,
So let me have,
Just one more chance,
I'm not the man I used to be,
Used to beeeeeeeeeee
Sometimes in life you feel the fight is over,
And it seems as though the writings on the wall,
Superstar you finally made it,
But once your picture becomes tainted,
It's what they call,
The rise and fall !
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