Time To Refresh
A lot has been happening in the markets, but we'll get to that soon. Here are few long due updates...
After switching over to Ghost Platform, search wasn't so great. In fact it was non existent. Until now. Yes, I spent the last weekend hacking away at the site to improve it. And finally got a cleaner looking, sleeker looking site with search!
Now you can search the entire site using a simple keyword, and it will search the titles and the tags. This is something I'm glad that was fixed because finding an old post was cumbersome.
There's also a nifty feature which allows you to switch the site to a darker theme, helping you read at night with less eye strain! Try it out by clicking the moon/sun icon at the top.
What else? Well, I've simplified the membership, and raised the price. If you've become a member before Oct 15th, you'll be grandfathered into the old pricing so long as you renew. The new pricing is now only yearly - ₹ 20,000 or less than ₹ 55 per day (if you want to look at it that way)!
The new pricing also means that there are going to be more member updates. So if you're ready, please join!
Typically Octobers are bad months for trading. The volatility usually creeps up. And if you're not prepared, you could be caught off guard. This month was no different.
After a long few days of up, we finally got a correction. Is it over, we should find out by today or after this weekend on Monday. The COVID situation is not over, yet people are having lockdown fatigue and just want to get back to normal life.
They're also willing to risk it too.
And around the world, protests are popping up against lockdowns. What do you think will happen when you house arrest someone!? But that also means, people are yearning for normalcy, and if it doesn't happen soon - things could get worse.
The markets have been forward looking and going up. But as reality starts to set in, things could get ugly. For instance, in India right now the Consumer Price Inflation is 7.34% well above the 2-6% target. This mostly came from higher food prices. So is there a food shortage, or is distribution just becoming too difficult.
Food for thought. And hold that thought, because currently FDs (term deposits) are giving you about 5-6% which means inflation is eating into your savings and savers are being punished. So where do you invest? Gold? Bitcoin? Stocks? Mutual Funds?