Hello,
I'm a first time investor and i'm interested in direct equity investment by value averaging method,
My plan is to invest 2000 in a stock when is below its 12 month average price, and sell if it rises by 5% or buy for another 2000 if it falls by 2000 to reduce the average cost and repeat until i sell.
Once i book profits i plan to invest the profits i a mutual fund for long term growth or i'll reinvest it in the next cycle
I have chosen the following stocks after screening them for high liquidity, low p/e ratios, good book ratios, low debt and if top mutual fund companies include them in their portfolio,
Kindly tell me if the following are ok, or if they and some i need to add or remove
1. HCL Infosystem
2. Ashok Leyland
3. Voltas
4. Power Finance Corporation
5. Mahindra and mahindra
6. HDFC Bank
7. Reliance Industries
8. ONGC
9. ITC
10. Infosys
11. Gati
12. Andhra Bank
13. Hero Motor Corp
14. State Bank of India
15. Infosys
16. Ambuja Cements
17. Sun Pharmaceutical Industries
18. TCS
Andi'm keeping a close watch on the following
Exide
NHPC
Gmr
Supreme Industries
Colgate Palmolive
Marico
Godrej Consumer Products
coal inda
tata motors
Cipla
L & T
Hindalco Industries Ltd
Tech Mahindra
Edit/Delete Message
I'm a first time investor and i'm interested in direct equity investment by value averaging method,
My plan is to invest 2000 in a stock when is below its 12 month average price, and sell if it rises by 5% or buy for another 2000 if it falls by 2000 to reduce the average cost and repeat until i sell.
Once i book profits i plan to invest the profits i a mutual fund for long term growth or i'll reinvest it in the next cycle
I have chosen the following stocks after screening them for high liquidity, low p/e ratios, good book ratios, low debt and if top mutual fund companies include them in their portfolio,
Kindly tell me if the following are ok, or if they and some i need to add or remove
1. HCL Infosystem
2. Ashok Leyland
3. Voltas
4. Power Finance Corporation
5. Mahindra and mahindra
6. HDFC Bank
7. Reliance Industries
8. ONGC
9. ITC
10. Infosys
11. Gati
12. Andhra Bank
13. Hero Motor Corp
14. State Bank of India
15. Infosys
16. Ambuja Cements
17. Sun Pharmaceutical Industries
18. TCS
Andi'm keeping a close watch on the following
Exide
NHPC
Gmr
Supreme Industries
Colgate Palmolive
Marico
Godrej Consumer Products
coal inda
tata motors
Cipla
L & T
Hindalco Industries Ltd
Tech Mahindra
Edit/Delete Message
