PRECIOUS HOUSEHOLD SAVINGS GOING TO SPECULATIVE MARKET-LINKED FINANCIAL INSTRUMENTS DETRIMENTAL FOR HOUSEHOLD FUTURE

PRECIOUS HOUSEHOLD SAVINGS GOING TO SPECULATIVE MARKET-LINKED FINANCIAL INSTRUMENTS DETRIMENTAL FOR HOUSEHOLD FUTURE


Dear Readers,

I read the following Article of The Times of India, giving the link below. which says the Precious Household Savings moving to the Speculative Market-linked Financial Instruments and the Finance Ministry of India has warned against it for Household Risk and Safety.

In fact, the Finance Ministry of Government of India is very Justified and Acting nobly in this case to Warn the Households against this phenomena which has become an increasing trend in India.

Here is the link of the cited Article of The Times of India:
Savings moving to market-linked financial products expose households to significant risks, warns Finance Ministry

It is definitely very risky and lack of safety lock, when the Subsistence Level Household Savings and their Precious Savings which can give them some future financial safety and security, if goes to Speculative Market from where the probability of returning it with any gain is very very less and is meagre will not be wrong to say, in case of Households entering as Small Traders/Investors.

It is the Small Investors/Traders who always lose in the Speculative Markets as they normally lack the fall back safety resources to sustain the High-Peak Negative Volatility of the Markets that comes and goes frequently. They (the small traders/investors) get eaten up by Bigger Sharks in the markets like the Sharks feed on the smaller fish in the Ocean.

Specifically the younger generation now a days, when they start life and operate as nuclear families with double engine earning (both spouses working and earning) and the children have not reached the high expenditure stages of life by education/rehabilitation/marriage in Indian Standards of Indian Families, they generate surplus income at their hands as their precious savings of the household, which they should plan to keep for their future need with most safety and security, however these lots of people, unfortunately get most tempted and they get lured by the Speculative Market Influencers and Inducers or Operators, to jump and put their precious savings into Speculative Market Linked-Financial Instruments. Invariably as small investors/traders they lose and return while their money would have already lost in the market-ocean. This kind of sad story you can find with every or very large percentage of small investor/traders who have jumped being tempted and lured. What the Finance Ministry of India has said in this Article cited above, is very justified and has truth behind it, to be respected. 

In fact, when such households who have got tempted and lured, by the time they realize the fallacy and start regretting for their own action, they would have already lost some precious resources, it is always the sad story.

The Speculative Markets are normally the play ground of Bigger Sharks as the Sharks do in Ocean, not really meant for small households with some savings out of their hard and sweat boiled earnings. As for example, I read few days back and I am sure all of you have read or heard about it, in a recent day of USA Market out, Some Company(s) of USA belonging to a single Person lost USD 121 Billion in market capitalization in a single day... such Big Sharks can take on such big jolts, they will recover it over time, but for a small investor/trader such volatility is just disaster, could be never recoverable.

With Best regards,
Dr. Nimain Charan Biswal,
Mumbai, India 


About the Author : Dr. Nimain Charan Biswal is a B.Sc.(Agri. Science and Technology), M.B.A. and Ph.D.(Management Area ) by qualifications; and he has 38+ years of work experience in Social, both industrial and Development sectors in diversified fields of Social Importance. He has been educated at Orissa University of Agriculture and Technology (OUAT)-Bhubaneswar, Institute of Rural Management Anand (IRMA) and Gujarat University (with Resource Support of IIM-Ahmedabad). He is further educated at IIM-Calcutta, XLRI-Jamshedpur, Apple Computer Industries and Spar Inc., USA. He has worked for reputed National and International Organizations in Senior/Top Management Capacities at Board level as well as Managing Director and CEO. He is a management expert covering extensive areas from management in Social, industrial sectors, management in Agriculture and Dairy, Development Management to management of public systems. He is a prominent professional of India and known Internationally as well. He is also a Political Strategist. He lives at Mumbai in India.



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