I am new to this brilliant forum HELLO

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  #1  
Old 29th July 2005, 05:23 PM
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stockfreak is on a distinguished road
Default I am new to this brilliant forum HELLO



Hi there,
My names AMEET and i am 17, and i invest in stocks on behalf of my mum,
I will be moving to australia for studies next year feb so i will have to build up atelast 400000 Rs for my first year cost of living with my investment of Rs 100000..can i get some idea on wher i should put my money for 12 months targets..please help, i will be very grateful

thanks tradeji.com is highly talked about and i am glad to be a small member of this enormous forum.

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  #2  
Old 29th July 2005, 07:43 PM
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manugoyal is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Dear Ameet

You are looking for 400% return. This any investor worth his salt can tell you, is next to impossible to achieve under normal circumstances. In order to achieve these kind of returns you will have to get into speculation (read gambling). This may also lead to the loss of principle.
My advice would be to stick with stable companies and look for the returns in the range of 15 - 20%. Of couse, this would mean that you may not rely on your current investments for financing your education.

Regards
m

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  #3  
Old 29th July 2005, 08:05 PM
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stockfreak is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Quote:
Originally Posted by manugoyal
Dear Ameet

You are looking for 400% return. This any investor worth his salt can tell you, is next to impossible to achieve under normal circumstances. In order to achieve these kind of returns you will have to get into speculation (read gambling). This may also lead to the loss of principle.
My advice would be to stick with stable companies and look for the returns in the range of 15 - 20%. Of couse, this would mean that you may not rely on your current investments for financing your education.

Regards
m
thanks mate i did make 400% with allianz sec in 4 months
its ok no offence

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  #4  
Old 29th July 2005, 08:08 PM
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stockfreak is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

who knows mate , a combination of day trading, short term , med term al can compile to 40% i am wishful and determined and i hope god's on my side cheers

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  #5  
Old 29th July 2005, 09:28 PM
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stockfreak is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

i got finance for edu , just more will help COL in oz

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  #6  
Old 30th July 2005, 12:23 AM
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mukeshsingh is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Quote:
Originally Posted by stockfreak
Hi there,
My names AMEET and i am 17, and i invest in stocks on behalf of my mum,
I will be moving to australia for studies next year feb so i will have to build up atelast 400000 Rs for my first year cost of living with my investment of Rs 100000..can i get some idea on wher i should put my money for 12 months targets..please help, i will be very grateful

thanks tradeji.com is highly talked about and i am glad to be a small member of this enormous forum.
hi ameet
i am also agree with mr. manu. you should follow very practical approach to survive in market . when you see the past record of any shares you hardly get any example of shares who appreciate 400 times in a yr . so be cool , first of all understand basics of markt . In short term (1-2 yr) if you get a constant return of 20% it will be very quite satisfactory.
but don't dishertened treat share market as your business enterprise dedicate ur energy in full throttal and involve passionately then you can be a good investor and expect a good return .

regards
mukeshsingh

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  #7  
Old 30th July 2005, 08:58 AM
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gopii is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Hi Stockfreak

I would suggest you to be very careful.

you writing reminded me of a very old saying in the stock markets

a guy goes to a broker says " show me how to make a million bucks on the stock market"

the broker says " very easy bring two million "

so please be careful and dont get carried away

take care
gopii

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  #8  
Old 30th July 2005, 04:15 PM
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stockfreak is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Quote:
Originally Posted by gopii
Hi Stockfreak

I would suggest you to be very careful.

you writing reminded me of a very old saying in the stock markets

a guy goes to a broker says " show me how to make a million bucks on the stock market"

the broker says " very easy bring two million "

so please be careful and dont get carried away

take care
gopii
thanks mate, good call but i am very cautious and i do alot of research in the palces i invest...i dont go by calls..

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  #9  
Old 30th July 2005, 06:53 PM
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stockfreak is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

very very true, but optimistic..like we thought we'd reach 7700 lol NO..
I dont see that as imposible but it sure is a challenge and all the help will be welcomed
ciao

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  #10  
Old 31st July 2005, 12:02 PM
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trader9 is on a distinguished road
Default Re: I am new to this brilliant forum HELLO

Hi stockfreak
Great to meet someone with bubbling enthusiasm for conquering the stock market
But a bit of caution is warranted.
Do not be feuled by your last successes. It is highly unprobablistic to produce the same in the near future with the market at its highest. Even midcaps are overvalued.
Not that money can not be made. But certainy not 400%

Regards!

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