1 LAKH Profit in Portfolio !!!

[oilman5]

Re: 1 LAKH Profit in Portfoilo !!!

Secondly, lets say that I invested 1 lakh in various companies (say 5/6). And today the invested amount become 1,30,000. Now in the correction if it comes to level of say 1,07,000 (down 23000 by about 17.7% of 1.3 lakh), I will sell everything and get out preserving my capital. I know there will be lot of criticism of this amateur approach but I wont mind. I am happy with my simple rule. I reiterate i am a very conservative investor and not a professional trader or alike.

THIS IS THE ONLY RIGHT WAY TO HANDLE DRAWDOWN
oilman5

 

[oilman5]

Re: 1 LAKH Profit in Portfoilo !!!

But they should be booked in either of the following situations:

1. The growth has stopped
2. The macro economy picture is changing
3. The company's fundamentals have changed
4. The market competitors are performing better than them and they are eating away the market or there is an alternative substitute which has been identified for the market segment.
5. YOU NEED THE MONEY coz u have identified a better investment option.

This is again my learning and my thoughts....it can be different for each person.

Its this policy i have been following and it does yielding good returns

ANOTHER RIGHT APPROACH.
WITH REGARDS
oilman5