Hi Everyone,
I am Rajeev, 32 yrs of age, an electronics & communication engineer, working for an engineering company. I am new to investing and got to know about this site through messageboard on moneycontrol.com.
This site is fabulous and worth spending time. Thanks Basant and all of you.
When ever I used to watch CNBC, other investing gurus on other TV channel or some sites, keeps wondering what is initial level of competency being expected from a novice investor. Always used to fascinate with the talk but never got courage to invest in stock based on their discussion and recommendation.
Now, got a site, which talk investing in context and perspective and explain lot a bit which used to alien for me previously.
I started investing few months back hoping that I will make 20-30% gain and exit (whatever time a stock takes to get this 20-30% return). With this in mind I invested in-
ACC, AMTEKAUTO, BHARATFORGE, GUJAMBCEM, GSPL, HINDALCO, IOB, MADHUPRO, MARUTI, ORCHIDCHEM, RANBAXY, REIAGRO, RELIANCE, SATYAMCOMP, MPHASISBFL, POLARIS, SUNDARMFIN and TATACHEM.
Now, after reading on this site about benefit of concentrated 3-5 stocks, multi-baggers, cyclic vs. non-cyclic, commodity stock etc., trying to figure out making a stocks portfolio for long-term investment.
Hope this site keep benefiting me in this direction.
Best regards to all of you.
Rajeev