We have a habit of buying falling stocks. I think this is because of the fact that from the childhood we are trained to buy things that are available at low and may be that would be the right to do but in stock markets it is not.
I took a look at this article yesterday.
http://www.businesstoday.in/moneyto...hey-give-good-returns-still/story/205535.html
And I checked if I had bought them(in equal proportion) and just hold onto them. I would have made around 70% return where as nifty only went up by 4%. The secret is just hold on to winners.
I took a look at this article yesterday.
http://www.businesstoday.in/moneyto...hey-give-good-returns-still/story/205535.html
And I checked if I had bought them(in equal proportion) and just hold onto them. I would have made around 70% return where as nifty only went up by 4%. The secret is just hold on to winners.