Muses of Murari

A couple years of ago, I had an item in my ToDo list. That is to learn stock market and make money. So I bought a couple of books on stock market and started to read. Slowly I learned various aspects of it (still learning) through online blogs, forums and websites. After a while, I started investing with mutual funds, as I had planned. I learned and analyzed many funds to pick right ones to invest. I decided on a couple of tax saving funds.

I was very sure that I picked the best funds in the market. But due to last minute influence of one my acquaintances, I modified one of my pick. And when I did my first investment (read bulk investment), market tanked big time. That was January’ 08. Even after this current rally, that last minute ill-fated fund is in 12 50% deep red!

In January’ 09, I invested a small amount in one of the IT stocks. I strongly felt to do so, though market was depressing. Now, that small investment is standing at good returns. Now, I am kicking myself for not investing more in that stock.

These two instances leave me with few questions – Is returns in stock market depends on just a chance? or does it has any room for intelligence? or hard work?  “Money making Money” concept – I don’t know how this fits in work & earn tradition. I want to know where it fits the bill. Until then, I will let my money make money.

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