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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
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 Posted: 09/Oct/2007 at 12:51pm |
since I am new to this, I am considering picking up small amount of stocks like everest kanto, vimta, dishTV, etc. What do members of the board here think of this plan?
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 09/Oct/2007 at 1:01am |
Seems like you are following the method of "Dogs of the Dow"!
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'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
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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 Posted: 09/Oct/2007 at 1:12am |
Shiv jee, have you tried having a look or analysing Yes Bank?
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
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 Posted: 10/Oct/2007 at 6:55pm |
reading up on dogs of the dow after basant's post.
been picking up DCMconsolidated on this same basis! good dividend, good land holdings, only PE is poor. so buying it and keeping fingers crossed!!
would be nice if we had something similar like Dogs of Dalal Street!!!
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tigershark
Senior Member
Joined: 13/Oct/2006
Location: India
Online Status: Offline
Posts: 3542
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 Posted: 10/Oct/2007 at 9:43pm |
just joking shivkumar are you by any chance related to vivek sukhani,anybody has any idea where he is has been missing since 17500
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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things
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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
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 Posted: 14/Oct/2007 at 11:49pm |
can't resist comparing some of the stocks on TED XI with top-performing mutual funds of valueresearchonline. Looks like some of the best performing funds have managed 20 or 25 per cent gains in the past week itself.
Looking at performances on annual or three-yearly basis, a few schemes like the magnums, DSP TIGER, etc have been fairly consistent with above 50 per cent returns on a CAGR basis.
Wondering how many people's PORTFOLIOS see that kind of increases. A few individual stocks do bigger jumps, but entire portfolios? If this kind of performance cannot be achieved after a couple of years of work, I think people should leave investing to MFs to concentrate on whatever they do best.
But on the other hand, if you can beat this kind of returns, then ustaad you should be managing your own fund somewhat like Warren Buffet!!
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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 Posted: 14/Oct/2007 at 11:58pm |
The problem with Mutual Funds is their consistency. Should I go put my entire life savings in DSP Tiger and SBI Magnum Contra because of its 3 year CAGR of 50%? I wouldn't think so. Do you remember past-performance of HDFC Equity Fund or Franklin Prima Fund? Check ValueResearchOnline to see where they stand now.
Having said that, I do have 25% of my equity holdings in mutual funds.
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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
Online Status: Offline
Posts: 2037
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 Posted: 14/Oct/2007 at 12:02pm |
am an old investor with prima and franklin bluechip since its IPO in the 1990s. I cashed out most of my holdings in the former abt six-eight months ago when its performance slipped. In fact am using proceeds from this and from some old UTI schemes to invest directly in equities.
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