Raja Sahib always welcome his clients with great familiarity and ask many time for tea or cold drink even when one is being served by his staff. Last week when I thanked and paid him for the services he came to see me off for the first time outside his place towards my car. I was apprehensive for the difference in him and his attitude. I told him that he looked worried to me to inquire what he was interested to get out of me. He replied that he was planning to arrange wedding of his daughter. I said that was really good to know and asked him what assistance I can do. Raja Sahib told me he knows I am a stock trader and I can help him.
I inquired astonishingly how. Raja sahib shared with me that he had some saving of three hundred thousand and interested to buy some stock which should multiply two to three times. I asked him who told him that stock market is such an easy earning place and what did he know about stocks and market mechanism. Raja replied giving intellectual look “Sirjee dunia kee khabar hammen bhee hay”.
I told him that stock market trade need education and connectivity in different regards and in the absence of this one may loose his/her hard earned money. I also added that buying stocks is not buying some day to day consumables. It is establishing relationship with company’s performance as a shareholder. I also cautioned him that if you invest in stock market merely on intuition you may loose within no time. Raja sahib was now disappointed and looked towards me calling a mean person from his eyes and said in low tone” sir thuadi marzi hay waisi tusi das daity tu changa hota”
In every booming market, many fresh investors enter to multiply their wealth but they loose mostly. The story is well remembered when a chicken seller in Karachi lost his capital in stock market. Stories are many but the theme is conclusive that capital market is there with great opportunities which can only be explored and exploited after education in same filed.
Fahim Akhtar, Karachi
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