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The Investors Song

I wonder should I invest or stay away,
The markets do seem to have bottomed out,
But then some said it could be a double dip,
And my heart just skips another beat.
I have this huge urge to invest,
To average my losses at the least,
The markets are now so confusing me,
My heart keeps going one long way
But the brain says its now or never.
The losses do compound day by day,
The long term loses definition day by day,
From a trader an investor I have become,
The profits still don’t seem to come by.
A love I had for over 12 % compounded annual returns,
So why trade in bonds or NCDs or ULIPs,
Equities give best returns said the market gurus’
But my portfolio just suggests otherwise.
Diversified mutual funds are in free fall,
The Indian growth story goes one way,
The markets and NAVs just go another way,
I the investor am still confused as ever.
I now sit on the sidelines,
Flipping business channels and surfing guruspeak,
Excitement eludes my shrunken portfolio,
A boring pension fund was so much better.
I just wonder should I invest or just stay away,
La la la la la la la …..
(Sing to Roughly the tune of ‘The Last Waltz Should Last Forever’ by Engelbert Humperdinck.
Dinesh K Kapila, AGM NABARD Shimla, correspondence address house number 1547 Sector 36 D, Chandigarh 160036. 9805056733.
Email dineshkapila2002@yahoo.co.in and dineshkapila2009@gmail.com
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