Re: 9 commandments for Investors :
Yes NKP effectively u are advocating the tried and tested strategy of averaging.
That can backfire if we are in a bear market now (instead of a mere secondary downturn of a continuing bull market, which is the only other theoretical possibility)
'Coz if we ARE in a bear market, we will be swimming against the tide for several months .. maybe over an year .. in which case, we will have to be very very choosy about our fresh long picks
Think about it
AGILENT
PS Frankly I feel its a mere secondary, but then if crude continues rising and Sitaram Yechury and Arjun Singh etc continue strengthening their respective stands (about you know what ... the latter can lead to a mini civil war dont u think) then I think we would be well entrenched in a bear market
nkpanjiyar said:
Agilent, my friend you are true.
To me for Investors, its Accumulate…Accumulate…..Accumulate. Don’t rush in to buy shares. Identify stocks with great growth potential, and start buying in small lots over period of next 3 months. It can be rewarding investments if India story remains intact. Get rid of penny stocks before you don’t find any buyer for them. Review all the stocks in your portfolio, and if you don’t find compelling reason, then dump them. Quality pays…… I am a core believer in long term investing albeit very conservatively.
cheers,
nkpanjiyar
To me for Investors, its Accumulate…Accumulate…..Accumulate. Don’t rush in to buy shares. Identify stocks with great growth potential, and start buying in small lots over period of next 3 months. It can be rewarding investments if India story remains intact. Get rid of penny stocks before you don’t find any buyer for them. Review all the stocks in your portfolio, and if you don’t find compelling reason, then dump them. Quality pays…… I am a core believer in long term investing albeit very conservatively.
cheers,
nkpanjiyar
That can backfire if we are in a bear market now (instead of a mere secondary downturn of a continuing bull market, which is the only other theoretical possibility)
'Coz if we ARE in a bear market, we will be swimming against the tide for several months .. maybe over an year .. in which case, we will have to be very very choosy about our fresh long picks
Think about it
AGILENT
PS Frankly I feel its a mere secondary, but then if crude continues rising and Sitaram Yechury and Arjun Singh etc continue strengthening their respective stands (about you know what ... the latter can lead to a mini civil war dont u think) then I think we would be well entrenched in a bear market