Wednesday, March 18, 2009

Become a business magnate in fading economy

Fading economy has made thousands of people to lose their jobs! But there are few who could survive this tough times by thinking differently. One of my friend invested in Sathyam shares(1000 shares) when the rate of the share was Rs.1350. As the company plunged we thought he could not get anything out of what he invested.

STRATEGY:
what he did was, he bought another 1000 shares when the rate of each share was Rs.6. Later when the rate of the share reached a decent level(Rs.70) he sold all the shares.. Therefore his lose had got reduced and in similar manner i have seen many people who could turn darker side of life to their advantage and prove that they are capable of surviving any difficult situation.

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