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Posted: 27/Nov/2010 at 5:41am
Personally I would not hold several of these names.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 27/Nov/2010
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Posted: 28/Nov/2010 at 1:34pm
Basantji, Future bull
Thanks for reviewing .... How should i recover from this situation? Is it worthy enough to book losses in some of these or it would be better to wait for a while and earn petty profits ?
Arise, Awake and Stop Not till the Goal is reached
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Posted: 28/Nov/2010 at 8:33pm
Originally posted by ameydesai
Basantji, Future bull
Thanks for reviewing .... How should i recover from this situation? Is it worthy enough to book losses in some of these or it would be better to wait for a while and earn petty profits ?
I have mentioned this before also. A deep decline in the markets is agreat time to wash your sins. All stocks good and bad fall when markets take a a vertical drop so sell the bad ones and get into the good ones when sentiment is at its worst.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 17/Nov/2010
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Posted: 28/Nov/2010 at 9:57pm
Originally posted by ambore
Originally posted by basant
A deep decline in the markets is agreat time to wash your sins.
Basantji,
How true it is? Thank you very much very much for capturing it in a single sentence and sharing with us. Makes me really proud to be member this great forum.
The fear of losing is so primitive, it gives us the strength to keep on holding on to the loser in the portfolio.
I wish I learned this one long back.
Indeed a typical investor is loss averse and not risk averse. (including yours truly but learning to think differently and put that in to action.)
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