Today on the day of a new Mahurat it is time to take stock. In the last 1 year, the markets have gone down about 16 pc. What does the road ahead hold for us?
1. Now is the time to start building your portfolio gradually. Think with a horizon of 5-10 years and look for companies which will power the new economy, the new world order.
2. Once identified, start adding in installments. Every 200 points lower on Nifty say add 10 pc.
3. Look at locking in NCDs and fixed income instruments at the current high rates of interest.
4. Buy Gold strictly in dips or on breakout above previous highs.
Its important to come up with a financial plan and follow it to closure.
I came across this site Money Works 4 me
This site has several interesting things which i find are different from the other sites. It is an independent site only dedicated to stock research and has an interesting product Company X- Ray. Please do check it out.
For those interested in Stock Picks and Gold, do check out Lakshmi's offer. She may offer financial planning services on a selective basis too. Those interested can get in touch with her.
Wednesday, 26 October 2011
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment