India’s benchmark Sensex index has made a strong recovery since the March lows of 2020.But earlier this year the index wobbled as rising covid cases and restrictions made investors jittery. Recently though the Sensex has been rising and has crossed the 50,000 level again. In the past 5 years the index has shot up nearly …
The US equity market has changed dramatically over the past 200 years. In the early days of the founding of the equity market, financials particularly the banks were the only listed companies. Then in the early 19th century transportation stocks especially railroads were the dominant sector in the market. This was followed by energy and …
Continue reading ‘The Make-Up of the US Equity Market Over the Past 200 Years’ »
Inflation is rising in the U.S. Last week we learned that inflation shot up to 4.2% in April, the highest since 2008. Inflation can be considered as the stealth tax since it sneaks up on people when most are not looking or paying attention – usually in small increments. Inflation also reduces the purchasing power …
Continue reading ‘Price Changes in the US – Jan, 1997 to Dec, 2017’ »
The top companies by market value change over time especially in a decade or sometimes even every year. As the saying goes, change is the only constant in equity markets. Accordingly investors have to calibrate their holdings and not become overconfident in holding the leadership positions by today’s market leaders. Just like a revolving door, …
Continue reading ‘The Largest Companies By Market Value Change Over Time’ »
One of the important traits of successful equity investors is the simple act of being patient with investments. To put it another way, building real wealth with stocks requires the ability to be calm when markets turn volatile and focus on the long-term goal. The age-old adage goes that time in the market is more …
Continue reading ‘Why Staying The Course Is Very Important’ »