Someone asked me what’s your view on the market? my response was it will fluctuate. Some experts feel there is a breakout around the corner, some of them carefully waiting for the Fed policy this Friday. While some of them feel there will be a correction.
Global events are an integral part of market now, you cannot control these events neither can devote your full-time in predicting these events. As an investor what you can control?
Time Management plays a crucial part in life in all the fields and investment is one of the major decisions that you do.
There is always questions and discussions around me when is the best time to invest in the market. The simple answer to that is when you have cash. Cash is a strategic asset.
Some says the Indian market is overbought and some says the mother of Bull Run has just started and this will continue to last for many more years to come.
Whatever the scenario be excellent, good or bad knowing your time horizon before you make any investment is extremely important. This should allow you to keep Continue reading “Your Portfolio and Time Management”
I love this topic as I always say we love to forecast things and we all are forecasters,
When we think about changing jobs, getting married, buying a home, making an investment, launching a product or retiring, we decide based on how we expect the future will unfold.
Whenever the markets rise sharply the probability of forecasting to end the Bull Run increases sharply and vice versa in case of Bear markets.
Why people tend to forecast market so much? Don’t they enjoy the present?
Well those are behavioural questions and difficult to answer. But definitely people enjoy forecasting things.
Will the Sensex reach 30,000 or not is the question of the moment, and there are various views on it. Continue reading “Will you invest in this Market – Market Forecasting?”
Self-deception is costly when it comes to investing. So let’s consider some of the lies that a lot of us may be telling ourselves and the impact they may have on our portfolios.
You know what your investment returns are. You would be surprised at how few people actually know what their returns are. Even fewer understand their performance relative to a benchmark.
Here are some hilarious thoughts when you say and what does it actually mean:
1) That’s overbought (I’m not long and think buyers are stupid)
2) That’s oversold (I’m long and think sellers are stupid) Continue reading “Market Forecasting and Convictions”
Extraordinary returns follow extraordinary discipline. Discipline in buying and selling, and maybe the most important one of all, holding. Developing the conviction to hold is something that I’ve learned over time. It didn’t come easy. The basis of this article is to give some insight on how to develop the conviction to hold your winners. It is very tempting to sell along the way, and it’s okay to take a little off the table, but the big money is made by holding.
“It never was my thinking that made the big money for me. It always was my sitting.” — Reminiscences of a Stock Operator
Many of us, myself included, look at stocks that have made big moves and think to ourselves, “If I would have only knew about that company and bought it back then.”But would you really have developed the conviction to hold during the run up? The problem is that to achieve a multi-bagger in the portfolio, you have to hold a multi-bagger. And if you want it to change your life, you need to hold a lot of it. Continue reading “Patience is Power – Market Convictions”