What do you mean by blue chips? I started buying shares 7 months ago. I usually but shares of L&T;, ITC or RIL. I am keeping them until I join an MBA college and then I plan to use it as my pocket money for 2 years 😛 .. and hopefully my shares will be in profit by then. (I have a loss of 500 per L&T; share and I have around 40 of them. :P
That is what I did too. I saved some money and put that all into the markets. Then I went on to do MBA and my money did really well there. It was more of a luck than skill. I used that money to pay MBA fee and some fun alongside.
LnT was one of those. I bought it at 580 in first quarter of 2009 and sold near 1800 in 2010.
Now last week, I bought a little of the same at 1400 a piece.
Playa sincere apologies.. It was meant to be Bill Gates.. 😛 :p I know that was a very silly error.. pardon!!!! :p
I always believed Clinton was more famous than his 'brother' Gates. No wonder he had so many scandals. You just reaffirmed his popularity among the girls.
I always believed Clinton was more famous than his 'brother' Gates. No wonder he had so many scandals. You just reaffirmed his popularity among the girls.
Wouldn't agree on that. :biggrin: But then Clinton has always been more in headlines being the President of US of A. Guess that's why the surnames are often messed up with. 😛
Holy cow ! i had been missing this thread all this while.. just came across it while looking for something else. I would love to be active on this thread.
Hello everyone, i am also an investor cum MBA aspirant. I usually invest diversifying my money in Mutual funds, Gold, Equity and FDs. The exposure to equity being the most as of now, seeing the market condition. Like everyone else, i am also a Buy-Hold Investor. But i like to keep a track of a few no. of good stocks(apart from blue chips) for months and analyze them technically(still learning technical analysis). When some of them hit their 3-5 year low, i take my risks and buy them. Looking forward to discussion/learning of some technical terms and future market prospects according to everyone here. What do you say about the market conditions 6 months down the lane? (Given the Euro crisis will be taken care of, if not with bold steps, then too, with good enough measures) keep posting ! happy marketing
I think in these times.. when uncertainity is prevailing everywhere and sensex seems to be on a roller coaster ride, Buy and Hold strategy works best. Infact such times are best for investing with start up company shares becoz they are anyway not having that big stakes and if they appreciate in the future the benefits can be high. Was jst ambling around when I found this thread. I am new to sensex and trading.. and found this thread interesting.
I am thinking of doing a NCDEX certified program on 'Commodity Trading'. Please tell me if it will be beneficial to this program and the future benefits of it.
P.S- Post edited and the link removed since the comptt is over :) Cheers!!! :cheers:
Before jumping into f n o and commodity training certification programmes, try getting an NCFM certification in financial markets courses..should help you in getting basics cleared about primary and secondary markets and a bit about futures and options trading as well...
Frankly speaking you are brave enough to say that the first stocks to invest for you would be start ups!yes you can do that for sure..What you can do is go to some sites as moneycontrol.com and try searching for stakes of market game changers like Rakesh jhujhunwala in some start up companies or companies where valuations are cheap and up for grabbing....you can bet upon his bet for sure...but whatever be it, you have to be very pro-active about the happenings in the industry, AMBLE about for any news specific to industry...its fun for sure...but you have to be responsible..you cant just sit and wait for your money to appreciate like that...
P.S. I was a very active trader but thanks to God, just before the European sovereign defaults and all, had taken away all my money which I had invested...but valuations now are real mouth watering both for blue chips and other mid-small caps...now not getting much of time thanks to CAT 2011 preprns and work life..so found this thread active after so many days and thought of scribbling....
hello puys im a final year B com student but have been managing my family funds for past 3 years am an long term investor and have been investing my funds for past 6 years. 1 st tip DONT TRADE ON INTRADAY TIPS 2nd tip STUDY LOTS OF ECONOMICS 3rd tip You should know Accounts and ratio analysis else your sheep and sheep get slaughtered in the market 4th tip if you know Economics and good ratio analysis Trust your judgement.
5th tip Once you get good Dont be afraid of Small and midcaps they are also companies with value you just need to pick the right ones and thats where the real returns are as every large cap was once a small cap catch em early and retire a billionaire. eg: when warren buffet first took over Berkshire Hathaway It was not a Bluechip it was a rundown Textile mill which was loss making but had much more assets than market value he bought into a majority stake sold the assets and made a handsome 600% profit that year... now thats a deal dont look for high risk high return or low risk low returns.. go for HIGH returns Low risks 😁 as the quote goes Every Battle is Won before it is ever fought You just need to plan in advance
6th TIP INDIA is not the only market in the world !!!! INFY AND TCS ARE dog shit for 20-30 times PE irrespective of what guys on tv say Compare Infosys and TCS to real tech majors available at much cheaper multiples in USA Microsoft at 9 times PE Google @ 15 times Adobe at 11 times . Apple at 14 times each company is a global company making essential products and services.. much better known than those of infosys Tcs or any other indian IT company these businesses are also growing much faster and No FII in his right mind will buy IT companies in india at these valuations unless the foreign counterparts get more expensive or the indian companies get cheaper 😁 USE such logic to finetune ur investments and BTW RBI does allow you to invest in foreign companies just my 2 cents hoping i could give smthing back for all the quant i learned on pagalguy
hello puys im a final year B com student but have been managing my family funds for past 3 years am an long term investor and have been investing my funds for past 6 years. 1 st tip DONT TRADE ON INTRADAY TIPS 2nd tip STUDY LOTS OF ECONOMICS 3rd tip You should know Accounts and ratio analysis else your sheep and sheep get slaughtered in the market 4th tip if you know Economics and good ratio analysis Trust your judgement.
5th tip Once you get good Dont be afraid of Small and midcaps they are also companies with value you just need to pick the right ones and thats where the real returns are as every large cap was once a small cap catch em early and retire a billionaire. eg: when warren buffet first took over Berkshire Hathaway It was not a Bluechip it was a rundown Textile mill which was loss making but had much more assets than market value he bought into a majority stake sold the assets and made a handsome 600% profit that year... now thats a deal dont look for high risk high return or low risk low returns.. go for HIGH returns Low risks 😁 as the quote goes Every Battle is Won before it is ever fought You just need to plan in advance
6th TIP INDIA is not the only market in the world !!!! INFY AND TCS ARE dog shit for 20-30 times PE irrespective of what guys on tv say Compare Infosys and TCS to real tech majors available at much cheaper multiples in USA Microsoft at 9 times PE Google @ 15 times Adobe at 11 times . Apple at 14 times each company is a global company making essential products and services.. much better known than those of infosys Tcs or any other indian IT company these businesses are also growing much faster and No FII in his right mind will buy IT companies in india at these valuations unless the foreign counterparts get more expensive or the indian companies get cheaper 😁 USE such logic to finetune ur investments and BTW RBI does allow you to invest in foreign companies just my 2 cents hoping i could give smthing back for all the quant i learned on pagalguy
haha..i really liked the last line !!! thanks for the tips.
.... BTW RBI does allow you to invest in foreign companies ..
Pardon my ignorance, but what does RBI have to do with the stock markets? And please guide me as to how I can buy shares in some company listed on NYSE?
Pardon my ignorance, but what does RBI have to do with the stock markets? And please guide me as to how I can buy shares in some company listed on NYSE?
earlier investing your capital abroad and converting rupees into dollars or any other forex for investing purposes was illegal in india now RBI finally coming to senses in 2007-08 has allowed indian investors to convert upto 200,000USD per annum for investing purposes you can open an Overseas trading account with ICICI direct Or Kotak Securities not sure if HDFC offers these services yet it would be linked to your indian equities account. the brokerage rates are slightly high at 0.6% per trade so Intraday and Trading not advised BUT for Investment purposes It is awesome I bought Phillip morris international the Co which Sells Marlboro worldwide for just 12 times PE with around 15% annual growth and a hefty 5% dividend Yeild in short ITC KA BAP while in india people paying 30times PE for buying similar Cigarette co.. the indian stocks are good but just most good ones are too expensive on a PE basis what is available cheap is only debt ridden Real estate among indian equities you could look at loading up on tatamotors long term their land rover evoque selling like hotcakes around the world and Valuations also good just 7-8 times PE on a consolidated basis
Thanks a lot. I was not aware I could invest in the companies listed in other countries.
At the moment, I am fully loaded with Tata Steel and LnT and dont have surplus cash to invest elsewhere. Yes, I read today that Tata Motors would be assembling Jaguar XF and LandRover in India which will reduce the price of Jaguar and bring it in competition with Merc E class and BMW 5 series, price wise. Thats good news. They will sell very well in India.
Thanks a lot. I was not aware I could invest in the companies listed in other countries.
At the moment, I am fully loaded with Tata Steel and LnT and dont have surplus cash to invest elsewhere. Yes, I read today that Tata Motors would be assembling Jaguar XF and LandRover in India which will reduce the price of Jaguar and bring it in competition with Merc E class and BMW 5 series, price wise. Thats good news. They will sell very well in India.
look abroad 😁 China Land rover sales growing at 100% per annum and europe sales despite the recession growing at 25% per annum last quarter over all JLR sales Grew by 42% that is gigantic growth india is a very small market for JLR as of today but it will grow with time as the upper middle class Widens out
look abroad 😁 China Land rover sales growing at 100% per annum and europe sales despite the recession growing at 25% per annum last quarter over all JLR sales Grew by 42% that is gigantic growth india is a very small market for JLR as of today but it will grow with time as the upper middle class Widens out
Yes, along with that I think there is a huge market potential for consumer goods in India because of improving lifestyles.
Tomorrow morning Sensex will go up by around 1000 Points!!!! Dow UP 350 now mostly will be 400+ up BY CLOSE!!!!!!! Greek bailout complete now investor confidence will return bringing huge FII flows to india :D
RBI deregulated the rate of interest on Savings Account. Potentially a game changer in the banking industry. Big banks will suffer while the small ones will get an edge. However, missed out on some gains as the change in share price of Bank stocks has already been factored in during "Muhurat Trading"
RBI deregulated the rate of interest on Savings Account. Potentially a game changer in the banking industry. Big banks will suffer while the small ones will get an edge.
How would the bigger banks suffer with deregulation in interest rates? Could you elaborate, please.
How would the bigger banks suffer with deregulation in interest rates? Could you elaborate, please.
Bigger banks have higher savings deposit and will not be able to offer the interest rates offered by smaller banks which have lower savings deposit. To give you an example, Yes Bank has around 2% of its deposits as savings. This is very small a number compared to SBI which has huge saving deposits. Naturally, Yes Bank can offer higher interest rate since outgo is small while SBI cannot match the same. So, its an opportunity for smaller banks to grow and compete with larger banks until they become large enough to afford high interest rate.
I bought 500 Yes Bank on 5th Oct @ 250 levels , sold it fortnight bak @ 320 .... i believe Yes bank has always positioned itself as niche private banking player...it has lowest CASA n lowest NPA ....its pretty active in PE space...bt nw it has bcum ambitious n plans to foray into tier-ll cities as well....raisin saving rate to 6% is a gud move...it has put the onus on large private n psu banks to come up with higher rates n made the space competitive....Yes Bank has everythin to gain from this strategy since it cannot garner mkt share without adopting disruptive strategy .... i plan to re-enter in it once the mkt kools down
Bigger banks have higher savings deposit and will not be able to offer the interest rates offered by smaller banks which have lower savings deposit. To give you an example, Yes Bank has around 2% of its deposits as savings. This is very small a number compared to SBI which has huge saving deposits. Naturally, Yes Bank can offer higher interest rate since outgo is small while SBI cannot match the same. So, its an opportunity for smaller banks to grow and compete with larger banks until they become large enough to afford high interest rate.
I tried to understand what you are saying. However, seems like I am too stupid to understand it completely.
You're saying that Yes Bank can afford to raise the interest rates as the outgo is small. And, you are probably correct on this, because Yes Bank raised interest rates by 2% after this announcement. But, the outgo is small because the saving deposits are smaller as compared to those of SBI. But the base over which they need to make the extra outgo is also small as compared to SBI which has a much larger base in terms of deposits to begin with.
Extra outgo of Rs. 2 on deposits of Rs. 200 (Yes Bank) or Rs. 10 on deposits of Rs. 1000(SBI). That's the same thing, no?
Or, may be you're comparing the saving deposits in terms of percentage of total deposits with the respective banks? Is that the case?
What other means of deposits other than CASA do banks have? Or, may be Yes Bank has very high percentage of current accounts (which are interest free) out of total CASA?
I saved some money and put that all into the markets. Then I went on to do MBA and my money did really well there. It was more of a luck than skill. I used that money to pay MBA fee and some fun alongside.
