Hi friends,
Its been a great learning experience from this forum. Have learned a lot of things. i have a well paid day job and have decided to invest part of my savings into stocks
After dabbling my hands in medium and short term stock investment i realized that, for a beginner like me, it takes lot of reading, time and efforts to ensure small/medium profits.
I also read that long term investment has its own golden returns and profits and less daily time investment. So i need suggestions from expert long time investors some golden stocks with the below requirements/assumptions
With all the above said things i have decided on the following strategy:
I want to invest around 10L in next few weeks and hope to get returns of around 25L minimum by late 2010/2011 or when sensex touches 22K levels
This is ofcoz based on following assumptions:
1. recession will soon end and the growth will fuel the stock markets over the world specially india.
2. Sensex will touch around 20 to 23 K around sept - oct 2010
I want to break down the stocks to spread risk in following way
1L investment each in 5 stocks = 5L
50K investment each in 8 stocks = 4L
1L buffer
So can anyone suggest around 15 stocks (preferably A group) which have the potential for the above requirements
I very well know that things might not workout as above but yes these stocks will be the best bets to invest in.
Also pls comment on my strategy and any improvements would be very helpful
Thanks
Its been a great learning experience from this forum. Have learned a lot of things. i have a well paid day job and have decided to invest part of my savings into stocks
After dabbling my hands in medium and short term stock investment i realized that, for a beginner like me, it takes lot of reading, time and efforts to ensure small/medium profits.
I also read that long term investment has its own golden returns and profits and less daily time investment. So i need suggestions from expert long time investors some golden stocks with the below requirements/assumptions
With all the above said things i have decided on the following strategy:
I want to invest around 10L in next few weeks and hope to get returns of around 25L minimum by late 2010/2011 or when sensex touches 22K levels
This is ofcoz based on following assumptions:
1. recession will soon end and the growth will fuel the stock markets over the world specially india.
2. Sensex will touch around 20 to 23 K around sept - oct 2010
I want to break down the stocks to spread risk in following way
1L investment each in 5 stocks = 5L
50K investment each in 8 stocks = 4L
1L buffer
So can anyone suggest around 15 stocks (preferably A group) which have the potential for the above requirements
I very well know that things might not workout as above but yes these stocks will be the best bets to invest in.
Also pls comment on my strategy and any improvements would be very helpful
Thanks
