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In 1998 1 USD $1 = LK RS. 64.00
Today 1 USD $1 = LK RS 130.00
Whats the point stock prices/ index get double in 10 years time
but Our rupee depreciate more than double in value?
things we could do now for Rs 130.00 may need Rs 250.00 in 10 years time? or may be more than that.
I am posting this because some members thinks 200% 300% gain in 10-15 year period is enough.
if you hold on to your stocks without selling when prices soar.
Actually My argument is not....! do the short selling to make more profits. That is how you should play the game.We have a battle against our currency too.
Today 1 USD $1 = LK RS 130.00
Whats the point stock prices/ index get double in 10 years time
but Our rupee depreciate more than double in value?
things we could do now for Rs 130.00 may need Rs 250.00 in 10 years time? or may be more than that.
I am posting this because some members thinks 200% 300% gain in 10-15 year period is enough.
if you hold on to your stocks without selling when prices soar.
Actually My argument is not....! do the short selling to make more profits. That is how you should play the game.We have a battle against our currency too.