We are living in a time where information is very important. Not only information but the latest information is important. In this case visual media is definitely an important source of information. News channel has a big role to play in such society. They have to provide current news to the people which is of there interest and use (Sometime interest and usage goes in opposite direction).
Yesterday I got a forward mail in my inbox which makes lot of sense to me. The mail talks about the news which a news channel shows in the TV was about Rahul's (Gandhi) food, a cat in the building and about Amitabh (Bachhan) getting cold. Is this serious media which has a responsibility to show the sensible truth. Incidently the news channel claims itself the best in India and shows the awards (I do not know why) it got in last three years proudly.
Today Vaishnodevi management has decided to pull off their decision of giving reservation to visit the temple to those who pay more amount than aam aadmi. It is not a chart buster news but really significant in many matters. Nowadays most of the big temples in India is having this kind of arrangement.
These days man made temples are no longer is a place of devotion, they are place for money making now, at least in India. Some temple gets crores of rupee in a single day. And these money making places is being utilized (rather misused) by big people. Big people like politicians, bureaucrats (they are really big in india) and Amitabh Bachan & family every time ignore the queue (obviously by paying money) and visit the temple. I do not know why they go to the temple if they can not spend some time for God. Religion says that for God everyone is same. So why temple pujaris are creating difference when it comes to see the God in temple. If one wants to religiously see the God, (s)he has to be in queue like others. These so called pujaris/pundits call themselves the caretaker of religion and they only creates this difference. How can anyone believe in those whose words are different from their act.
Personally I don't visit so many temples due to this reason only. Tirupati is one of them. There is so called "VIP" queue where by paying some bucks you can ignore the queue of aam aadmi and directly visit the God. Vaishnodevi management has done a correct thing by pulling off this VIP queue. Other temples should have follow suit them. At least when it comes to religion, reservation should not come by any means.
Today is World Environment Day. Most of us do know it. There is enough talking going on about what are the problems, what is the cause of this problem, and what are the solutions to the problem.
I believe we all are the nice citizen, and we take care of all the environment friendly measure. We all know but just to remind my readers I'll jot down some of the easy steps by which we can help our environment to some extent.
At Home
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1. When no one is using any of the electronics gadgets (TV, Washing Machine, Music System etc.) in our home, we can switch off them from the socket. Anyways they only increase noise pollution.
2. After every 4-5 hours we can switch off refrigerator for 1-2 hours. I can assure (based on some studies as well as personal experience) you nothing will happen to the items stored in the refrigerator.
3. We can reduce the use of water heater. Even if we are habitual of warm water and we can not ignore it then at least we can try for less warm water. e.g. If you generally keep your water heater ON for 15 min, then try to reduce it to 10-12 mins.
4. Cycling is one of the good exercise. We can use cycle for 3-4 km distance. Remember how much excited we were when we ride cycles in our childhood days.
5. Put different types of garbage in different bucket. Don't mix it. Studies says 80% of garbage can be recycled but due to our bad habit of mixing everything only 10% of that can be recycled.
6. Use cloth bags for buying vegetables and other stuff. Don't accept plastic bags from shopkeeper. Our parents still does it, so why can't we?
At Office
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1. I know it will be hard but we can switch off our computer before leaving for the day. At least switch off the monitors.
2. Use car/bike pool. Petrol is on high, so it can save some bucks too!!
3. Minimize the use of printer in the office. At least use both side print option while printing any document.
4. Reduce the use of paper towels in the office instead we can carry handkerchief and use them.
Last but not the least, we should try to plant a tree a year, if not possible at least in a decade. Even if this is hard for us we can try to plant a tree before we die.
I think these are not the tough measure to take. We can easily make them as a part of our life. You'll be amazed to see how much you have reduced your electricity/petrol bill and save some money.
May 25, 2008. An event (not much hyped by media, some didn't even bother to cover it) happened on the banks of Dal Lake in Srinagar, Kashmir. It is a bad luck of Indian citizen where media is always busy covering some rubbish, non-sense news such as Arushi double murder case in Noida these days. Some news channel are proudly saying that as much as 24 reporters are covering the case round the clock. But they don't have time to cover a news which is not so small (I hope most of us agree) in today's Indian perspective.
Junoon, a well known musical band from Pakistan has performed live in Srinagar despite threats from militant organization. It was the first musical concert in nearly 2 decades in the valley. This musical concert was not an small event as far as Kashmir is concern. It seems peace is coming at it's own peace. I really wish for it. It looks like a dawn is here and sunrise is about to happen in Jammu and Kashmir. I really wish and want to see a nice environment in J&K soon (at least before I die) where the markets are busy with lots of tourist (including me). They are roaming and enjoying the beauty of J&K and the people queuing for shikara near Dal lake.
Let's all of us pray to see that time soon!!!!
I love my India. Not talking about the song from Pardes, but I really love my India. Long back I read a chapter in my course book (probably in V or VI std), "Unity in Diversity".I do not remember exactly what was the content of that chapter but must be talked about how the citizens of India are unite (in reality it is very hard to find) irrespective of the diversity in India. In the name of that chapter I want to urge the officials (responsible for selecting course material) that please add at least one paragraph (we can have a full text book though) in that chapter ("Unity in Diversity") about what truly unites India. Whether you go to petrol bunk, RTO, police station, hospital, electricity office, telephone office, post office, one thing will be common. Which really gives you a feel of being an Indian and you will be sure that you are witin the boundary of our great country India. Corruption!!!!
Yes it exist in every city, every department across the country. We always say that corruption in UP and Bihar is on high. Do you think that in Bangalore it does not exist. You are wrong, totally wrong. It is here, in the very heart of city namma Bengaluru (Bangalore). You know the best part I like of the corruption is that, the rates are almost common all over India. If you are caught by traffic police and do not have driving license pay Rs. 50, if you do not have a RC, or vehicle insurance, or pollution certificate Rs. 50. If you do not have all the things then you have to bargain. It will start from Rs 1000, but believe me Rs. 100 is OK.
Go to RTO. They are one step ahead as compare to traffic police. Traffic police will leave you if you have all the documents, but in RTO they will not take your application if you are directly going there (not going through Agents even you have all the required documents). I remember when I was in college, energetic and enthusiastic (dreaming to change the country as every young student does before meeting some harsh realities of real world) I went to RTO for my learning driving license. I filled the form and gave a written test in the morning. They called me in the evening to see the result. I was failed. I went there next morning and re-appeared in the test and after the test the responsible person shamelessly asked me "Why aren't you taking help of Agent? Come through them". "No", I replied firmly. Then he said, "OK. You are passed for now. But for driving license, please take care.".
We all are aware of the same situation in all the departments whether it is in so-called Hi-Tech cities e.g. namma Bengaluru, Hyderabad, amchi Mumbai or it is a far away village of UP, Bihar. I feel this is what makes India a truly unite country. We all are united for corruption to be exist. We stand united for this cause. This is what really "connecting India" not BSNL ("Connecting India" is a punchline of BSNL). Corruption is really a good example of being united as a country considering a highly diversified county India is. This topic really deserves a paragraph in the chapter "Unity in Diversity".
As everyone has said (in our trading group) that we all are trying to recover from the situation we were in 2-3 months ago, I am too trying hard. I believe, we all earned good money before market saw Jan lows, and then suddenly market went into deep red and we lost not full but significant percentage of our portfolio. But from last month or so, market is in recovery process though we are still very low from Jan-08 highs. It is true that in some of the stocks we are in loss, but I'll be shocked if someone will say that they are in RED as far as there overall portfolio is concern. It should not be the case.
We all made some mistakes in stock market. I also did during my initial phase of trading (in fact still doing it but the number is less though). I do not want you guys to repeat it. So, I thought why don't I share some of my learnings with you guys. With that idea I'll try to share my ideas with you. It's totally up to you take it as a help or just ignore it and follow your own ideas and get the first hand experience.
1. Never buy or sell 100% in one shot: This was my first lesson I learnt way back in 2005. You might have heard several times from different people that don't put all your money in one shot in one company. Buy in steps to average out the price. What I want to say is not only while buying, but for selling too keep this theory in your mind. Never throw all the stocks of one company in one shot. Sell it in steps. I'll give you an example Diamond Cables. I bought 200 shares of it in Rs. 39 per share and sold it in Rs 62. The good news is I've made a decent profit. The bad news is recently it crossed 500 marks but still hovering around Rs. 400-450. You all are very good in Maths so leaving the calculation up to you. The problem is I made 60% but lost 1000% of the profit. True there is some level of risk involved. What would have happened if the stock might went down to Rs. 20 or so. That's hwy I am telling sell it in steps. I should have sold around 50 shares in Rs 62, then 50 shares at somewhere Rs. 80 and then 50 shares at Rs. 100. Then I could have save 50 shares just for my portfolio after getting good returns.
2. Buy when you see value: It's a recent lesson I learnt. Reliance Communication. I bought 10 shares of RELCOM at 505 two months back, because I felt that it is good buy I am getting. I also knew at that time that it could go down further. Within few days exactly the same had happened and it went to 485-490 levels, but I was happy that I bought shares at my comfort level. I was quite confident that it will go up very soon. It's just a matter of days. And within a week or two, it touched 575 levels. I didn't try to time the market rather bought it when I saw value in it. Might be in the process of timing the market I could had not bought even a single share and missed the rally. So, the choice is all yours.
3. There is nothing called long-term: Delete these lines from you mind. Some of us believe that in the market there is nothing called as long-term. The only way of making money is short-term. Due to which people try to time the market. There is one bad news for all of us and we should accept it that we are not the experts of trading market, but we pretend to be. Frankly speaking how many of us can read balance sheet and understand jargons of the share market. So to be on safe side why can't we leave timing the market and go for value-buying. One obvious benefit of trading long-term is, you can save 15% tax on the long-term profit which you have to pay in case of short-term investments. Even with the mix of big companies(large-cap) as well as growing companies (mid-cap) we can get some decent returns from the market. But some of my friends don't believe that 20% returns from the market is decent returns. They want to get at least 100% from it.
4. Friend's are here to help: I know that we follow our friend's recommendations and I believe this trend is going to stay. We can not just ignore our friend's recommendations. It's not that bad though. But try to find some simple information about the stocks before buying it. Anyways it won't take a toll for it. Rather it will always help you in increasing your knowledge, and involvement in the stock.
With all this bakwaas I'll end here and wish you all HAPPY TRADING!!!!
As a computer science student, the first thing what I learnt in the college was the nice word "LOGIC". Everyone told that apply logic while writing programs etc. Today as a software engineer I am still supposed to put logic behind whatever I do in my professional life. [Though it's a different story whether I am doing it or not].
Coming to the point, every person working in IT (Information Technology) sector must put logic behind everything. Even to write a single line of code people ask for the logic behind it. And I hope many of them are also religiously putting logic behind every single line of code written (or even not written). So, if we are so good in using logic, why cannot we understand a very simple logic of not running behind money.
We all wait eagerly for the appraisals. It's not a bad thing. It is a reward for whatever we have done for last one year. But the problem is no one is satisfied with there appraisal. I am sure, after every appraisal some of us are planning to ask for more hike, some of us even planning for job change, some of us might have already done that to negotiate further.
Have we ever use our logic to think about where is the end of this rat race? Has God created us only to enjoy his resources and forget about it. We are only running behind money blindly without having any logic. Aren't we suppose to do something (in this earth) which can help others too e.g. entrepreneurship (by creating jobs for others), social services etc. Have we ever sit calmly and thought that what was the purpose of God when He was creating us? No, we have never done that. In fact most of us never though of it before. How many of us know their purpose in life? Answers will be few.
Food for thought: We can try to find out what is that bigger purpose for which God has sent each one of us in this earth rather than just running behind money.
