Investing in animals

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But in , it's still happening. Fish and Wildlife Service These two small primates, called pygmy lorises, were smuggled into the U. In fact, not only does the practice still exist, it might be more common now than it was 40 years ago. It's massive. It's growing. It's lucrative," said Crawford Allan, director of traffic, North America, a regional office of the the wildlife trade arm of World Wildlife Fund. The margins on things like elephant ivory or rhinoceros horn can be as profitable as illegal weapons or narcotics.

And it's made out of the same material that makes up your fingernails. But to some cultures in Asia, it can cure cancer. There's no scientific proof, but the belief has created an incredible market. The horn is crushed, put mainly in pill form and then sold The trade is so lucrative that even wall-mounted hunting trophies have been stolen.

Museums that have real rhino heads have increased security to protect the displays. There are even reports of crime syndicates stockpiling rhino horn. The thinking is that, if the animal becomes extinct, the value will skyrocket. With a massive supply stockpiled, a person or group could dominate the pricing environment. Ivory tusks might not have quite the same price point these days, but the concept is similar. Tortoises Unlike the overactive rabbits, tortoises invest slowly and steadily.

The typical tortoise is the longtime SIP investor or the index ETF buyer who keep plodding on despite volatility in the stock market. Tortoises win in the long term but can earn better returns if they are a little more active. Snails Some investors are content with very low returns. They will put money in low-yield traditional life insurance policies or in bank deposits. Some even let their money idle in a savings bank account. Chickens iStock These are investors who easily get unnerved when markets tumble.

Chickens tend to invest at random. They get drawn to the market on the basis of tips after a big bull run and panic when stock prices turn volatile. Chicken often lose more than they gain. Based on text by ET Bureau Most investors understand what bulls and bears stand for in the stock market. Some may even know what a dead cat bounce is but that's not it. There are more animals in the investing world. From pigs to sharks to ostriches, each of these terms denotes distinct traits of investors in the market.

Read on to know which of them is you. Just like a bearish market denotes a falling or beaten down market, these investors believe that prices are likely to fall. When shares consistently fall, you have a what is called a bear market. They are the complete opposite of bears and believe that prices will continue to rise.

Little do they realise, their money loses value due to inflation. Rabbits Rabbits buy shares for very short periods of time, ranging from a couple of weeks to intra-day buying and selling. Rabbits can make quick money but need to be lucky all the time for that to happen. Pigs Often, investors who make good money on their initial bets, turn greedy and unrealistic. These are pig investors who have very high expectations and hold on to stocks or buy more in the hope of even greater gains.

Pigs are the biggest losers in the stock markets. Ostriches ThinkStock Photos Many investors suffer from a confirmation bias. Like an ostrich buries its head in sand when faced with danger, these investors turn away from negative news. As the market rebound from March lows has shown, this can sometimes work in your favour. But one should not ignore market realities. Sharks Sharks are dangerous for investors.