Open ZERO Brokerage FREE Share Trading Account - Buy and Sell Stocks Without Brokerage - Set GTT (Good Till Triggered) Orders on System and ForgetTraditional brokers charge a lot for brokerage; however, this broker does not charge anything for stock buying and selling. Also, you can set GTT (Good Till Triggered) order after buying a stock, so that the system can sell the stock automatically at your target price even if you are not monitoring the market. Only 25k is blocked for option selling with hedge. Also, you get a lifetime free account in Sensibull (virtual trading app & strategy builder) which charges Rs.800/-+GST a month. Learn option hedging strategy if you open an account today. It takes 5 minutes to open an account online. Click here and Open Free Account with Them Today >>
This is a copy of my newsletter sent to my subscribers on Tuesday, 14th of Mar 2023. You can fill out the form above to receive my newsletters.
Silicon Valley Bank Collapse – should you worry?
During March 2023, three large banks in the United States with significant exposure to the technology sector and cryptocurrency collapsed.
If you are my old newsletter subscriber you may remember that I told you many times not to invest in cryptocurrencies. If big banks with lots of exposure to cryptocurrencies can fail – what makes you think that you will not fail?
The First Bank to Fail: Silvergate Bank.
It announced it would wind down on March 8, 23 due to losses suffered in its loan portfolio.
The Second Bank to Fail: Silicon Valley Bank
This bank which had given loans to technology startup companies – mostly bad loans which never got recovered caused the Silicon Valley Bank to collapse and be taken over by regulators on March 10, 2023.
The Third Bank to Fail: Signature Bank
Signature Bank, a bank that frequently did business with cryptocurrency firms, was closed by regulators two days later on March 12, 2023, with regulators citing systemic risks.
Not sure what will happen to the money of the depositors but I am sure the authorities in the US do have some mechanism whereby the money deposited by innocent investors is not lost. US President Joe Biden promised that investors will not lose their money invested in the bank.
Should an Indian investor worry and sell banking stocks as they are falling since this news broke out?
Because the above banks do not have much exposure to Indian banks, so why share prices of our banks are falling?
NEWS, followed by PANIC.
It’s just that the investors fear that the Indian banks may be impacted too and will also fall. The truth is nowhere near that.
So hold and wait for banking stocks to recover.
Credit Suisse, a 166-Year old bank having its headquarter in Zürich, Switzerland, also collapsed in Mar 2023. Credit Suisse was more popular and trustworthy than the other banks that failed. Yet it failed.
If you hold banking stocks I suggest you wait for one year at least. They will bounce back.
Click to Share this website with your friends on WhatsApp
COPYRIGHT INFRINGEMENT: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.
INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However, every trade depends on the trader and his level of risk-taking capability, knowledge and experience. Moreover, stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. I do not give tips or advisory services by SMS, Email, WhatsApp or any other forms of social media. I strictly adhere to the laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles on this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given on this website. I am not responsible for any investment decision you take after reading an article on this website. Click here to read the disclaimer in full.
Find 200+ testimonials of my course on these pages too posted year-wise:
What Traders Say About This Course
Testimonials Year 2015
Testimonials Year 2015 Page 2
Testimonials Year 2015 & 2016
Testimonials Year 2016
Testimonials Year 2017
Testimonials Year 2018
Testimonials Year 2019
Testimonials Year 2020
Testimonials Year 2021
Testimonials Year 2022
Testimonials Year 2023
Testimonial of one of my client making 25k per week
Emotional Testimonial by a Young Woman Trader and Her Mother
Difference Between other Courses and Mine
What others charge for online courses
What People Say Just After Doing My Course
Bank Nifty Course Testimonials