The out-of-control bull we spoke about last week seems to have been tamed, as sellers overpower the buyers in the market this week. But, like always, before getting to the weekly markets update, let’s learn about an interesting fact this week, shall we? 🙂
Up until about 2001, stock prices around the world were quoted in fractions and not decimals. So a stock price of ₹25.75 that you would maybe see today would have been quoted as ₹25 3/4 before ‘decimalization‘ had been adopted as a norm for quoting stock prices.
Major stock exchanges in the US, UK, France, etc moved to this new system so that investors found it easier to interpret stock prices and take decisions accordingly. The use of decimals instead of fractions also resulted in tighter bid-ask spreads.Up until about 2001, stock prices around the world were quoted in fractions and not decimals. So a stock price of ₹25.75 that you would maybe see today would have been quoted as ₹25 3/4 before 'decimalization' had been adopted. Click To Tweet
Benchmark indices closed the week in red.
Professional investors and investment advisors often get asked, “The markets are tanking, should we sell our positions and get back in once markets are expected to rise?”. Basically, investors want to understand if its possible to ‘time’ the markets in such a way that they buy when prices are low and sell exactly when prices are high.
In light of such questions being asked very frequently, we take a stab at understanding whether its possible to time the markets, and successfully so. Read about it, here.
Building and maintaining a healthy portfolio is of utmost importance. A healthy portfolio is one which protects your investments during rough times while also striving to achieve your financial goals in the long run.
In a webinar this weekend, we discussed the different aspects of building a healthy portfolio. We also spoke about how ‘Portfolio Health’ can be used to easily build and maintain a healthy portfolio that aids long-term wealth creation. Watch the video above!
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