Worried about
your stocks ?
Take a deep
breath and ask these questions (I ask some of them and a lot of times
the answers I get make me see my mistake)
Are you
retiring next year ? If yes, why the hell is that money in the stock market!
Do you
understand the business and have confidence in the long term performance of the
company ? If not, why did you invest in the first place?
Do you lose sleep from the volatility and quotational loss of your portfolio ? If yes,
why are you not in just fixed deposits?
Do you have
good health, another source of income and don’t need the money in the next few
years ? If yes, then stop watching the
financial news and go back to some more productive activities?
As I said in
the previous post, I have a consulting service to provide a list of very
productive activities to people who watch too much Financial news ! Call me for a free consultation :)
If you think this is new - read this, this and this. This is almost an annual or a once in two year affair. For the some of you who were wishing for bad times, be careful what you wish for! you may finally get it, so better be ready for it.
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Stocks discussed in this post are for educational purpose only and not recommendations to buy or sell. Please contact a certified investment adviser for your investment decisions. Please read disclaimer towards the end of blog.
So much dying for the bad times even though did not clear all the laggards at the peak. Only if the Gods of Market would comply. I am afraid this is just a blip and it will get back to sub-30K levels very soon. Too bad!!
ReplyDeleteRohit,well this is an excellent dose for health/ wealth for an investor who scared of recent fall,
ReplyDeleteThough a good time to accumulate best stocks which one has conviction with own framework
Hello Rohit sir,
ReplyDeleteYour posts are extremely good. Thanks for sharing. I wanted to do value investing. But I feel the market is in peaks and major correction can come anytime. Is it a good idea to invest in value stock even if the indices are in peaks or wait for major correction and invest in the analysed stocks. Which strategy is better in the current Indian market circumstances.
Regards,
G.Sethuraman