The Wealth Insights

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Understanding the Stock Markets in a better way

The stock market always fascinated Ajay from his childhood. The last part of the TV news which used to mention about the stock markets movement, relating it to all sort of national and international events increased his curiosity to know more about its relationship to the external world. As he grew old, he didn't let off his peripheral view on the markets. Even though he knew less he tried to understand them in the hopes of mastering them one day. Early in the 2000s his father's investment turning ten-fold within no time after applying an IPO fascinated him more. The dividend returns which covered all the invested money within a year cemented his views on the stock markets making him think that this is one venue to follow to make easy money. He seriously decided to make it a money making machine with 100% efforts after attending a class on Technical Analysis. The simple chart patterns taught there made him confident enough to take trading as his full-time career. Trad...

Automation will boost the jobs and employment

Recently, news like 'automation cuts certain jobs' in the future is going through the internet. Probably this is far from reality. Indeed, automation has been there since time immemorial from the inception of the wheel. Every time with each invention and innovation, the world moved ahead creating more jobs and growth. For example, the textile workers in Europe feared the newly arrived sewing machines would cut their jobs during the Industrial Revolution. But the result turned out to be a different one boosting the production, employment, and the invention being a part of changing the course of the world. The ones who were left behind are the ones who cannot grasp the change (probably with reasons). The same happened during the dot-com boom in the 2000s. But the IT industry grew more, creating lakhs of jobs, and will continue to grow further creating a digital revolution. Of course, there will be staggering periods for every industry, but this too will pass on like the old ones...

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