Author |
Message |
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
 Posted: 19/Mar/2007 at 3:10pm |
Originally posted by SANDEEP
Reverse is also True..
When Hundreds of people are talking about market going down further , its time to start buying.  |
Everyone cannot be (remain) rich at the same time.
|
'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
|
IP Logged |
|
|
 |
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
 Posted: 19/Mar/2007 at 3:39pm |
Absolutely Wonderful Quote Devesh....
Buying and holding is far from the sure thing it's made out to be. It works in bull markets. It works if you invest regularly, in dribs and drabs, catching the ups and downs along the way. It works in mild bear markets, when the decline are quickly reversed. It may work if you've got twenty years to wait for stock to recover from a half-off sale. Otherwise, it's risky. It's very risky when you're holding stocks you bought at extravagant prices. It's extremely risky when your retirement depends on a positive result and you're planning to take up golf in a decade or less."
John Rothchild
I would add one more from the sage of omaha...
Its only when the tide turns ... we know who was wearing what!
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
IP Logged |
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
 Posted: 19/Mar/2007 at 3:53pm |
Very true.
No matter how good a company is, your returns would eventually depend upon the price that you pay for the company. Higher the price, lower would be your return and vice versa---Anon
|
Life can only be understood backwards—but it must be lived forwards
|
IP Logged |
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
 Posted: 20/Mar/2007 at 6:21pm |
More money is lost listening to brokers than any other way - Michael Marcus.
|
'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
|
IP Logged |
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
 Posted: 20/Mar/2007 at 6:32pm |
"A stockbroker is someone who invests other people's money until it's all gone."---Woody Allen
|
Life can only be understood backwards—but it must be lived forwards
|
IP Logged |
|
|
kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
|
 Posted: 20/Mar/2007 at 9:04am |
The Only Way To Beat The Market, after adjusting for market risk, is to discover and exploit other investors’ mistakes.---Charles Ellis
Note: Going by this logic, keep close track of actions of members of our Lal pariwar!
Edited by kulman - 20/Mar/2007 at 9:10am
|
Life can only be understood backwards—but it must be lived forwards
|
IP Logged |
|
|
deveshkayal
Senior Member
Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
|
 Posted: 20/Mar/2007 at 10:14am |
"An economic forecaster is like a cross-eyed javelin thrower: they don't win many accuracy contests, but they keep the crowd's attention."
Anon
|
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
|
IP Logged |
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
 Posted: 20/Mar/2007 at 10:47am |
My impression is that to make money, you have to hold a position with conviction. That is very difficult when you are following someone else. – Bruce Kovner.
|
'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
|
IP Logged |
|
|