guys,
IMHO :-
1) every good quality company has its ups & down, why favouritism for REL only ? Pls don' t get emotionally attached with any stocks.
yes, REL is indeed a good quality stock and it got its ups & downs too.
docaa, i can give you an example of a good quality stock like BT ( British Telecom) which once used to trade in 10-20 pounds range but the very next day it traded in PENCE, people panicked like hell and sold off their shares, reason BT had huge debt building up, everyone just saw past charts which showed a rosy picture but overlooked fundamentals which changed with time. so you cant guarantee anyone to - just invest in a REL....period.....
go with the trend but ride the trend till fundamentals also support them.
the entry & exit...would you be there to guide him when & at what price to exit as well ?
i think its more about timing stocks, as in buying ANY good quality stock when it' s in strong uptrend & riding the trend till it lasts. stocks don' t care about how they are gonna move, they are driven by fundamentals, greed, fear & somtimes operator manipulation.
holding good quality stocks over a long term may create great wealth. maybe more than gold or silver & could be vice versa as it depends on some fundamentals as well. these days govmnt is holding REL culprit for some inflation in prices issue...REL denies....though i agree with docaa that some of the best times to invest is when a good quality stock has underperformed temp....assuming some fundamentals remain good.
2) while "gold " maybe real money, i would still say there has to be a blend of everything, i liked findvikas idea of blending everything so as to protect our principal amnt & growing it with time & at the same time i like docaa' s idea of getting 1:1 bonus + dividend on a good quality stock in future provided fundamentals also support.
docca, i agree stocks may have performed well over real estate, fd' s etc, but can you realise he has asked this question in a forum ? which means he hasn' t self studied on TA or fundamentals and you are telling to rely solely on equity ? this is why diversification is important.
everything that glitters is not gold unless it is GOLD itself
& it's REAL estate...FIXED deposit with safe interest
amit, i don' t mean to demotivate you from your target mate but pls keep it real ....i hope you have heard the saying that the best way to become a millionare is to start with a billion![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
what would you do if in the third month, god forbid,
jan 2010 repeats 2008-2009 ????....................something to think, ah !!
though i realise such a crash might not come but corrections are part & parcel in stock market in which you need to have some funds aside for fresh deployment.
no more from me again, but it does sound more of gamble than investment
wish you all the best & pls self study .
IMHO :-
1) every good quality company has its ups & down, why favouritism for REL only ? Pls don' t get emotionally attached with any stocks.
yes, REL is indeed a good quality stock and it got its ups & downs too.
docaa, i can give you an example of a good quality stock like BT ( British Telecom) which once used to trade in 10-20 pounds range but the very next day it traded in PENCE, people panicked like hell and sold off their shares, reason BT had huge debt building up, everyone just saw past charts which showed a rosy picture but overlooked fundamentals which changed with time. so you cant guarantee anyone to - just invest in a REL....period.....
go with the trend but ride the trend till fundamentals also support them.
the entry & exit...would you be there to guide him when & at what price to exit as well ?
i think its more about timing stocks, as in buying ANY good quality stock when it' s in strong uptrend & riding the trend till it lasts. stocks don' t care about how they are gonna move, they are driven by fundamentals, greed, fear & somtimes operator manipulation.
holding good quality stocks over a long term may create great wealth. maybe more than gold or silver & could be vice versa as it depends on some fundamentals as well. these days govmnt is holding REL culprit for some inflation in prices issue...REL denies....though i agree with docaa that some of the best times to invest is when a good quality stock has underperformed temp....assuming some fundamentals remain good.
2) while "gold " maybe real money, i would still say there has to be a blend of everything, i liked findvikas idea of blending everything so as to protect our principal amnt & growing it with time & at the same time i like docaa' s idea of getting 1:1 bonus + dividend on a good quality stock in future provided fundamentals also support.
docca, i agree stocks may have performed well over real estate, fd' s etc, but can you realise he has asked this question in a forum ? which means he hasn' t self studied on TA or fundamentals and you are telling to rely solely on equity ? this is why diversification is important.
everything that glitters is not gold unless it is GOLD itself
amit, i don' t mean to demotivate you from your target mate but pls keep it real ....i hope you have heard the saying that the best way to become a millionare is to start with a billion
what would you do if in the third month, god forbid,
jan 2010 repeats 2008-2009 ????....................something to think, ah !!
though i realise such a crash might not come but corrections are part & parcel in stock market in which you need to have some funds aside for fresh deployment.
no more from me again, but it does sound more of gamble than investment
wish you all the best & pls self study .
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