trying to double money in 5 years

I think of doubling the money in 5 years

I will post all my ideas that I will buy and thinking

Pls. Encourage me dear all traders

brij:

A bank will give u about 50 % in 5 years.......

Your target should be to ideally double your money every year....
If not, divide ur money into 10 parts, and invest in different mutual funds.

Or best, divide your money into 10 parts, and invest 9 parts in different mutual funds, and give me the 10th part for my advice

I heard that it take and Fixed Deposit of 11 years to double the Money from SBH

anyways as I have started and I am an amateur not a pro playing similar to banks might be great

I have bought
Stock Price Qty
Tata Steel 563 10
bajaj Auto 2275 10

Don't Laugh on my betting I'm betting low as I'm an amateur pls. comment on my portfolio to book profits or buy any stock.
I am an amateur suggestions invited

My thinking on tata steel
http://intellectualindiantrader.blogspot.com/2007/08/this-weeks-pick-01-09-2007.html

No question of laughing.....

A wise man starts small....a fool starts big....

Make your mistakes with small qty learn, then increase ur qty.
The only downside is, that in position trading, it can take years to learn

A modest achieveable target i believe with proper MM and discipline.
Do elaborate the size of your funds that you aim to double in 5 years.
All the best !!!!
-R K Karnani

I think u can increase ur money by 5 folds in 3-5 years just by investing in RPL itself.

Better not to put all the eggs in the same basket!!!!

Doubling in 5 yrs is quite ok but what is your max risk you planned to under take to achieve it , since you want very moderate growth i assume your risk profile as well will be very conservative

I know that sir...but since our friend here has a very small investment...so diversification can be an issue.

As Mr. Ratan Jain has said I want to learn with small quantities.

In some of the books I have read it was said not to invest in a single stock -striker

I want to experiment in all kinds of stocks investment is not a big issue.

Some of the research I and my programs have done shows that certain stocks tend to give a decent return of 30% when You buy it in 80% of Trading sessions at any given price L&T is a classical example

Putting bets on RPL in one yr. time horizon i.e. Ipo gave return of 83% while L&T gave return of 110%