Friday 10 April 2009

The Corridor of Uncertainty

Sometimes life is like a game of cricket. Imagine you are batting and facing a bowler who is constantly pitching the ball in the corridor of uncertainty. You get caught between two minds whether to play at it or leave it. Can you keep letting it go? If you do, when will you score? The point is, if you are playing a test match, time is of no essence, but if you are playing an ODI or a T20 match, you have to start scoring from the word GO. Right?

That is the question on everyone’s mind who is thinking of investing in real estate now as they are caught between whether to invest or not to invest in property sector which has fallen drastically owing to global economic downturn. Is this the right time to buy your dream home or wait for some more time for the further fall? Will it fall further? If it falls, by how much will it fall? These are the questions that are troubling people and there seems no one is in a position to answer these questions convincingly.

This is like waiting for a bowler to bowl you a lolly pop or a fuller delivery on the slot for you to drive handsomely for that much needed boundary. Can you anticipate when you get that ball while batting? The answer is a simple NO.

So rather than waiting for the bowler to bowl you a loosener, the trick lies in taking some calculated chances by going for an aerial shot to clear the mid fielders so your opposite captain moves one of his mid fielders back to that scoring spot to open your area of your strength in the mid field or vice versa. Not all the times the trick works but then in real life too, not all the time your speculation comes true.

The market has fallen by a good 20 - 25% everywhere and I think rather than waiting further, people should go ahead with their investment plans by taking some chances. Because it’s a weak bowler who is bowling at you currently and it’s always good to score runs off a weak bowler before your opposite captain sends in his spearhead. If there is another weak bowler coming in next then it gives you some lead time to read the wicket before you take off.

So If I am an investor now, I will take some time to read the wicket and go with my chances. I say this because I see another ordinary bowler coming at me soon. May be this helps me in scoring as many runs as I want at the end of the game. Because the more runs I get on scoreboard, better is my chances of winning.

I might be wrong. How about you? Will you be taking similar chances?

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