In the last few weeks the markets have corrected significantly and many of the discussed stocks have corrected too, while some rallied about or well more than 100% within weeks some have rallied 20-40% and then started correcting.
Always remember that as a long-term investor we have to try and not be too bothered about the corrections which are natural in stock market. Infact, see the correction as a good opportunity to invest in the equity markets.
Warren Buffett once said that the secret behind his success is: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful"
He also said: "The stock market is a device for transferring money from the impatient to the patient."
The market-talk has begun suggesting as if the bull market has ended and 2008 is going to be repeated and it is the time to sell. Just do not be scared and do not panic.
I will be updating about each and every stock discussed on the blog along with the march quarter results update.
Have patience, Be a Investor not a Trader.
Don't Panic
Happy Investing!
Ur view on Sharon Bio-Medicine, is it good price to enter?
ReplyDeleteYour words is like healing relief.
ReplyDeleteWell is there any need to put a stop loss, any support level u r expecting for NIFTY
Sir ur words on richa industries. Brought at 33 levels. Its going down and down. What to do?
ReplyDeleteIt is around 27, please wait for the march quarter results update.
DeleteSir please your view upon Phillip carbon and dish TV thanks
ReplyDeletesir i'm stuck in gujrat automotive gears ltd at 315 ...should i wait or average out..???
ReplyDelete