Hello All,
I cam across this site a couple of weeks back, which is exactly
when I started trading. A newbie, after all.
I would prefer to be on the long run and would like to view my
investments in the stock markets more like a fixed deposit with
a significant rate of return. I started off with IT bluechips, which
I thought had hit a bottom, though I was pleasantly surprised.
My buying trend has been to take up a few at a time, every time there's a dip
(which kind of keeps the avg. cost down) but I stopped after a while
and am waiting for the markets to recover. I believe a year and a half
is a good time frame for the shocks to sink-in and start afresh.
Now, it's upto you guys to tell me if I am wrong.
I happen to be an engineer by profession with *very* little exposure
to accounting/finance related issues.
Regards,
Skarpio
I cam across this site a couple of weeks back, which is exactly
when I started trading. A newbie, after all.
I would prefer to be on the long run and would like to view my
investments in the stock markets more like a fixed deposit with
a significant rate of return. I started off with IT bluechips, which
I thought had hit a bottom, though I was pleasantly surprised.
My buying trend has been to take up a few at a time, every time there's a dip
(which kind of keeps the avg. cost down) but I stopped after a while
and am waiting for the markets to recover. I believe a year and a half
is a good time frame for the shocks to sink-in and start afresh.
Now, it's upto you guys to tell me if I am wrong.
I happen to be an engineer by profession with *very* little exposure
to accounting/finance related issues.
Regards,
Skarpio