Workmen's Long only trading in Equities
- Thread starter suri112000
- Start date
Ok...guys
We are starting our journey into long term wealth building. (I mean very long term journey
)
Scrip list is given above.
How many shares to buy.
Divide Rs.1000 by each share price. you will get number of shares to be bought.
For example. KPIT Tech current price 133.9
1000/133.9 = 7.4 which rounded off to 7
So, you have to buy 7 shares.
PS :- you have to buy atleast 2 shares even if above calculation does not produce that much. For ex. pidilite gives less than 1 share. So, you have to buy atleast 2 shares.
Take entire of next week to buy them. No hurry in buying them as we are not competing with any one. But by the end of next week we should be holding entire portfolio.
It won't cost you more than Rs.13000 in total.
After buying, please make a portfolio in moneycontrol.com and keep it ready.
We are starting our journey into long term wealth building. (I mean very long term journey
)Scrip list is given above.
How many shares to buy.
Divide Rs.1000 by each share price. you will get number of shares to be bought.
For example. KPIT Tech current price 133.9
1000/133.9 = 7.4 which rounded off to 7
So, you have to buy 7 shares.
PS :- you have to buy atleast 2 shares even if above calculation does not produce that much. For ex. pidilite gives less than 1 share. So, you have to buy atleast 2 shares.
Take entire of next week to buy them. No hurry in buying them as we are not competing with any one. But by the end of next week we should be holding entire portfolio.
It won't cost you more than Rs.13000 in total.
After buying, please make a portfolio in moneycontrol.com and keep it ready.
This is full portfolio costing us around Rs.11000 ie around 5% of our total funds. We are left with 95% of funds which are in cash or equivalents. Please do some maths and generate some interest on those funds keeping security and liquidity in mind.
Let us now be patient and fully relaxed.
We will keep an eye on NSE pe ratio and wait for good opportunities to deploy more funds.
Let us now be patient and fully relaxed.
We will keep an eye on NSE pe ratio and wait for good opportunities to deploy more funds.
Hi,
Watch the drama of Mindtree. We are into it at Rs.570
It is being hammered on the bourses as its honest management acknowledged that its forthcoming results will not be as per expectations. But I am waiting for it to drop to Rs.382.
Will I be able to see that level before Mindtree crosses Rs.600.
Watch the drama of Mindtree. We are into it at Rs.570
It is being hammered on the bourses as its honest management acknowledged that its forthcoming results will not be as per expectations. But I am waiting for it to drop to Rs.382.
Will I be able to see that level before Mindtree crosses Rs.600.
Hi,
One month passed after building up our initial portfolio. Its time to review our portfolio.
Nifty is down 2.31% during this period where as our portfolio is down just by 1.08%. Our portfolio is beating the nifty in performance.
We will also see what actions we are going to take in case of loss making scrips.
Mindtree and Tech Mahintra are two scrips which are dragging down our portfolio significantly.
Let us analyse them and plan next course of action.
One month passed after building up our initial portfolio. Its time to review our portfolio.
Nifty is down 2.31% during this period where as our portfolio is down just by 1.08%. Our portfolio is beating the nifty in performance.
We will also see what actions we are going to take in case of loss making scrips.
Mindtree and Tech Mahintra are two scrips which are dragging down our portfolio significantly.
Let us analyse them and plan next course of action.
Hello Suri
Some variations to consider
1) Invest 4000 every Month
But only a part of the 4000 goes into equity MF of you choice as per the chart above
Rest of the remaining funds goes into a liquid debt fund
Inverse the investments i.e. debt to equity in the reverse order of the above chart . . .
for e.g. PE between 15 - 20 shift 2000 every month from debt to equity
below 15 PE shift 4000
This shift is in addition to your regular ongoing investments of 4000/-
Cheers
Happy
Some variations to consider
1) Invest 4000 every Month
But only a part of the 4000 goes into equity MF of you choice as per the chart above
Rest of the remaining funds goes into a liquid debt fund
Inverse the investments i.e. debt to equity in the reverse order of the above chart . . .
for e.g. PE between 15 - 20 shift 2000 every month from debt to equity
below 15 PE shift 4000
This shift is in addition to your regular ongoing investments of 4000/-
Cheers
Happy
Last edited:
