Equity markets are a nightmare nowadays....sometimes when i get up in the mornin i feel why am i goin 2 work....investors are trusting my insurance company with their money to manage and when i see that we are not able to protect the money, guilt arises but then you realise tat nothin in life is permanent so nor will this phase be.....so long term investors keep on pumping in the money......
I believe this is the best time to invest if you are sitting on cash.....i know you will kill me for sayin this but one never knows where the bottom will be....its better to take a risk at these levels than regret it later.....signing off with two great quotes.....
"Be fearful when others are greedy and be greedy when others are fearful" - by the great Warren Buffet
"Before the dawn the sky is the darkest"........ so be strong and hang in there as i am.....
October 24, 2008
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