Ok, let me put this in perspective. The stock market crash was not a wrong thing. Why?
Unrealistic growth of BSE and NSE with the help of FII. The bubble had to burst, if not by global slump, then, by something else. The MF investors who got in at the wrong time, hard luck. You should have used a SIP instead of the lumpsum route.
I cajoled, screamed and deterred a lot of my customers. Majority did not listen. The after the slump, I told them you buy, it met with same response. Why do they behave so irrationally? !
For those who invested in what I told them have fared very good. Suddenly, my clients want to re align their holding. I told them that they lost their first opportunity.
Analyst Spoilers
Day after day, the analysts poured their sorrows on the national pink sheets. Investors lapped it up. My clients pointed those out to me and that was their excuse. I asked them if the markets were going to be same for ever? Will be go back to stone ages? Come on, the stocks got to improve. I told them you will miss the bus. And they did.
