Wednesday, June 11, 2008

How is 2008 so far?

It’s been a little long I had visited my own blog. I thought it would be ideal if I pour in some thoughts how this 2008 went so far. Like everybody, with the global markets blooming, I was also expecting a fabulous 2008.
It was only a three weeks of the year that passed and the first blow came. Yes it’s one of the biggest downfall of the Sensex. Being a fresher (IT Terminology) in Stock Market, I was not much affected as I hadn’t had a firm portfolio that time.

I was much occupied with my work mostly these days, as it was the Coding phase of my development project. A little sign of relief came from the Finance minister Chidambaram’s financial budget. The individual tax slabs were raised from 1,10,000 INR to 1,50,000 INR for the current year. I dreamt that I could save some money. My dreams never came real as Inflation rose to historical highs, Basic commodity prices increased. The worst thing is Crude Oil also hit historical highs.

The increased salary after appraisal and the tax slab relaxation seems to just meet the increased petrol expenses and food expenses. So far 2008 has not been a promising year, may be for me!


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