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Showing posts from September 3, 2010

Life…The Stock Market Game

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 Life is really much unexpected just like the stock market. In stock market the price fluctuates and in life the events are very surprising. When price goes up, we hold the shares and when it falls we fall too. Same way we like to hold good experiences of life in our memories and we try to forget the bad memories giving shocking effects.  But the more we try to forget the more it comes to our eyes and we feel the same shock as we have already experienced. Just like a particular investment does not stop an investor in investing in securities, similarly we go on investing by forgetting the past and hope for the better outcomes in future. But here we have to remember, the mistakes we made in the past for which we had to incur loss or suffer a lot, we should not make the same mistakes again. One Golden Rule of Accounting is “anticipate no profit and provide for all possible losses”. The man has to go by this rule and go on doing his duty in his both personal and professional life without …