STOCKLERIA

Please don’t bother yourself looking this up in the dictionary, this disease is rather new and has come to the notice of most doctors last week. It all started mildly two weeks ago when stock prices started to plummet on the floors of the NSE. Then, some investors who had huge holdings in stocks that are not too fundamentally sound saw no reason to panic.

Now it has become clear that all is not well, as most stocks are taking a beating. This has forced some investors to panic heavily as the bears approached the trading floors. So many investors tried to dump their losing stocks and run for it, alas! The exit was too small for all of them to squeeze through at the same time.

There will be casualties of course, small investors trampled in the stampede and as such could not cash out quick enough. Their brokers can’t sell, especially those that has slow stock brokers. One respectable investor forgot to drive his car home last Thursday, he trekked two kilometers home (he was so confused from losing so much in a day that he forgot he came to work with a car.) another one took Friday off and stayed indoors to sulk at home, pretending to madam that he was sick (or was he not?)

Caution is advised here. Don’t invest or speculate with any amount of money you cannot afford to lose. Some invest with the house rent, and others with the children’s school fees. This is very risky as it will make you to make emotionally charged decisions while investing.

Stockleria as a disease is treatable, just travel to a place where you will not have access to news, no internet connections, no radio or phones and forget about the NSE. This will save you a lot of stress.