TracerBullet,,
no obsession for 2008, as a whole bull market last 7 and half years.. Bear market only one and half max.. u can easily exclude the bear phase in such calculation and include a bull phase in 5 years data.. dats cheating ..simple..
no one want to include the bear phase..no one want to consider 2004-2008 five years data.. . If fundamentalist want to include 2003 bull run but exclude 2008 fall.. that is cheating.. U CAN NEVER TIME MARKET WHILE INVESTING...CATCH BOTTOM AND TOP..
no obsession for 2008, as a whole bull market last 7 and half years.. Bear market only one and half max.. u can easily exclude the bear phase in such calculation and include a bull phase in 5 years data.. dats cheating ..simple..
no one want to include the bear phase..no one want to consider 2004-2008 five years data.. . If fundamentalist want to include 2003 bull run but exclude 2008 fall.. that is cheating.. U CAN NEVER TIME MARKET WHILE INVESTING...CATCH BOTTOM AND TOP..
I am not talking of Indian ETF.. I was talking on world wide report on mutual fund since launch of various Commodity based ETFs..Gold, Crude, Silver..,, In the May 2005 issue of Futures magazine where Jim Rogers explained it all.. why mutual fund will face the heat... he had predicted the 2008 fall there also..
U can make good money too if invest Nifty etfs (use SIP) when PE below 20.. Start pulling out money when over 22(SIP).. simple..IMO
U can make good money too if invest Nifty etfs (use SIP) when PE below 20.. Start pulling out money when over 22(SIP).. simple..IMO
We can also make good money by simply staying put. You can reduce when we are in crazy bubble territory ( maybe hard to do ) and increase when market capitulates ( easier to do for me, fun ). If for you bubble is PE 22, then its ok - reduce it. If and when earnings improve, PE will reduce and you can add more, although market generally tries to guess before it happens.