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basant
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Joined: 01/Jan/2006
Location: India
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Posts: 18403
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 Posted: 01/Jun/2008 at 7:22pm |
Agree with Valueman. When markets fall they take down all stocks with them. Over a period of time the good ones will recover fast so what you need to do is utilize that cash to switch from bad businesses into good opportunities. Bear markets are an ideal time to 'wash your sins'.
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
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Posts: 5966
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 Posted: 01/Jun/2008 at 7:47pm |
Originally posted by aloksahi1971
The interest payment though not much has a scary effect and scaring effect on the 1st day of the month and brings home the fact that an unplesant investment has been made. |
Alok jee, think of it as a "bitter medicine"? It too shall pass. Meanwhile, let's al prepare purseves for the next bull market leaders. Bear markets provide the best opportunity to get into those 50-100 baggers of tomorrow though patience would be tested ruthlessly.
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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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aloksahi1971
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Joined: 20/Aug/2007
Location: India
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Posts: 390
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 Posted: 03/Jul/2008 at 11:09am |
Basantji,
In case a person has leveraged position.What should be the stratergy:
A. To pay the interest and use other funds for purchasing equity that have come down alot?
b. To pay off the loan in total without a thought for fresh investments?
Washing off the sins is easier said than done as before selling it is only paper loss but as soon as the phone is kept down it is the actual loss.
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nitin_jagtap
Senior Member
Joined: 29/Dec/2007
Location: India
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Posts: 1283
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 Posted: 03/Jul/2008 at 11:26am |
Originally posted by basant
Agree with Valueman. When markets fall they take down all stocks with them. Over a period of time the good ones will recover fast so what you need to do is utilize that cash to switch from bad businesses into good opportunities. Bear markets are an ideal time to 'wash your sins'.
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True BMji I share your thoughts
For cleansing acts of all the sins we need to be there for atleast 12 -18 months ...then investors wont take things for granted and respect Mr.Market and the equity cult.
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Warm REgards
Nitin Jagtap
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shivkumar
Senior Member
Joined: 02/Oct/2007
Location: India
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Posts: 2037
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 Posted: 03/Jul/2008 at 11:53am |
please correct the spelling to
leveraged purchase
and not as rendered
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franklin
Newbie
Joined: 06/May/2008
Location: India
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Posts: 10
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 Posted: 11/Jul/2008 at 3:42pm |
From the Indian Investment point of view it is always recommended to opt for SBI (state bank of India) or RIL (Reliance Investments Limited).One could also try out Bharti.Also try taking a look at look at L&T, DLF, and IDFC. This stocks are highly recommended for the year 2008.
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gopal
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Joined: 26/Jan/2008
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Posts: 913
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 Posted: 11/Jul/2008 at 4:02pm |
Originally posted by franklin
From the Indian Investment point of view it is always recommended to opt for SBI (state bank of India) or RIL (Reliance Investments Limited).One could also try out Bharti.Also try taking a look at look at L&T, DLF, and IDFC. This stocks are highly recommended for the year 2008.
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Franklin Bhai,
If I am not wrong then
RIL == Reliance Industries Limited
Rgds
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Women are like the stock market Coz they're irrational n can bankrupt u if u're not careful
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aloksahi1971
Senior Member
Joined: 20/Aug/2007
Location: India
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Posts: 390
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 Posted: 20/Oct/2008 at 4:47pm |
Basantji,
Today I came out of my shell liquidated my FD and paid for the sins I had commited as the prospect of repaying the capital on sale of stocks has become a distant dream.Also this Debt was having a Phyco effect on me and not allowing any new purchase.As i Understand this is the time to go for the good stocks available at right prices.
Also I was wondering if this is the right time to invest the interest I was paying a month about 40k in Franklin Bluechip fund through the SIP route.
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