Job, business, nothing, anything!

I used to write a lot on spirituality. Since I moved back to Mumbai, there isn't much of an ambience here for spiritual studies. Till I get an opportunity to get back to my solitude I think I'm happily wasting my time. Okay, I know this hasn't anything to do with the title per se, but I'll get to that in a moment, influenced by my old habits to blabber. :)

Well then, if I'm anyway about to waste time, why not dig into other worldly things such as money. To make money, you either need a job or a business. I'm not actively looking for the former, knowing fully well that I've been on a sabbatical a little too long to get back to the industry in a jiffy in this economy.

I do have some business ideas that I've been discussing with my friends, but I'm more likely to graduate into a silent lazy partner that wakes up for ideas and in dire straits but not during other times. So, I'd be one that doesn't really work hands-on! :P And I don't think there'd be many takers there.

So what else do I have left now? I've covered job, business, nothing... did I cover nothing? Yes, I started with that. So all that is left is 'anything' in the anythingwise spirit. That will come up in my next post. ;)

Traddiction

In the days when nonsensical additions to English dictionary are taking place with words such as Jai Ho, I'm working on something similar myself. Due to economy crisis, people are struggling to make any money anywhere in any way. For example, out in the US, people known to be generally nice earlier have suddenly turned cheats. They are dumping their cars in far away deserted areas or burning them and claiming insurance, instead of wasting effort to sell those when there are obviously no buyers! For some reason, they don't seem to know that insurance cos. themselves, among other financial institutions, are in trouble.

In India, OTOH, the stock markets are celebrating the strong growth prediction by a seemingly strong govt, post elections. They are attracting lot of foreign investments too, possibly to take away the profits once a certain stage in markets is reached, causing the Indian stock market to crash. Despite knowing this for a fact, some small players like me are trading in extremely risky and volatile conditions. That, my friends, is what I'd like to call as Traddiction and is defined as follows:

Noun

• (n) traddiction: being abnormally tolerant to and dependent on stocks/ stock markets that is psychologically or physically habit-forming (especially even when losing money).
  
• (n) traddiction: an abnormally strong craving to trade in stocks regardless of profit or loss.

Adjective

• (adj) traddictive: causing or characterized by traddiction "traddictive stocks"; "traddictive behavior"; "traddictive markets"

Noun

• (n) traddict: someone who is so ardently devoted to stock trading that it resembles a traddiction) "an F&O traddict"; "a day-traddict"; "a short traddict"
  
• (n) traddict: someone who is psychologically dependent on stock markets; abrupt deprivation of the shares trading access produces withdrawal symptoms

Verb

• (v) traddict: to cause (someone or oneself) to become dependent on share/ stock trading, especially a risky one.
  

Bulls and bears

Talking of shares in the last blog and breathing the Sensex/Nifty with daily dosages of arrhythmia, here's how worse the whole story could have been...

I do not know by what formula the market stocks map to points, so I can't really say that they will always remain in the positive (not to be funcused with *bullish*). I factually mean that there's a chance that the market points would go into the negative! As in, say, Sensex: -900; then the definition of *bearish* would fall short, so lets call it *boorish* instead! :)

When the markets are bull and your stocks go up, they pay you dividends, you're free to sell and you make profits; in bear markets, you make losses if you're able to still sell or you hold on longer in hope that you'll make money or atleast get your money back. You've a choice, that is.

However, I wonder in boorish markets, how would it be? There won't be a choice, perhaps. You can't sell, you can't even recover money, the shares are no longer yours... you owe the company more, in fact! They'll hunt you down and take money from ya or have your employer cut from your salary... we'll have boorish EMIs!