I am sure that this would definitely help you to restore your "Confident" about long term equity investments.......
Journey of Life and Indian Stock market
1981 - I was born. SenSex = 173
1983 - Indian cricket team winning world cup. SenSex = 212.
1984 - Indira Gandhi shot dead & Bhopal Gas tragedy. SenSex = 245
1989 - hung parliament with Congress outside support. SenSex = 714.
1991 - Rajiv Gandhi assassination. SenSex = 1168
1992 - Indian economy opening up. Dream budget by MMS.
Harshad Mehta Scam. SenSex = 4285.
1993 - Bombing in mumbai. Also at BSE bldg. Riots all over.
SenSex = 2281.
1996 - Indian stock mkt goes digital with NSE's new trading platform. SenSex = 3367.
1999 - NDA coming to power with Atal Bihari Vajpayee as PM.
SenSex = 3740.
2000 - Technology boom. Sensex = 5001.
2001 - Gujarat earthquake. SenSex = 3640.
2003 - Big bull run start in Dalalb Street. SenSex = 3049.
2004 - UPA coming to power with Left party support. SenSex = 5591.
2006 - Sensex conquering 10000.
2007 - Sensex conquering 20000.
2008 - Sensex falling after touching high of 21200. Crude oil rising upto $ 147.
2009 - Sub-prime crisis in USA bring financial instability world wide.
Sensex = 9568.
2010 - Satyam scam, Common wealth scam, Telecom scam. Sensex = 17590.
2013 - Young RaghuRam Rajan appointed RBI governer. SenSex = 18835.
2014 - BJP alone cinquring 283 seats in Loksabha and NDA coming to power with 330 seats. SenSex = 25000.
2015 - Sensex = 30000.
- - -- - - - - - - - - - -
From 1981 till date it is clear that in all adversity & prosperity I & SenSex have grown. But during this period I have grown 33 times & at the same time SenSex have grown 173 times.
Surely there have been downside also. But sooner or Later that downside have always been overcomed.
Moral :- Be a systematic & disciplined investor. Coz as age grows investment are also sure to grow.
( SenSex figure are as on 31-mar of that particular year)
Save Wisely, Invest Smartly. !!
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