As market was down I put Today morning almost 2 lakhs in stocks, now I am in loss of almost 12k - 18k it fluctuated, any suggestion when to withdraw?
Freya
Stealth
3 months ago
Don't withdraw now. Today was the best time to invest. Invest when market is low and withdraw when market is high.
Why would you do that?
My understanding is never invest in Markets for such a short term investment unless you are ok with losing a huge chunk of that money.
You can definitely wait for the election results to come out and then take a call
it will be back to normal in 1 to 2 months time. From previous trend even when opposition won it took 6 months to come back to normal. Wait for a couple of months
If you are worried with a 10% loss, you should not have put 2L in the first place, as this amount is possibly large for you.
What level % of your portfolio and savings is this amount. If it's a large %, stick to MFs. If it is small, you need not be worried.
Also, write down your rationale before buying any stock. And if it goes down 5%, how you will react.
E.g. BEL. Defense spend growing in india. If stock falls 5%, it doesn't change demand. So I will hold/buy more.
It’s all savings , other than MF. Reliance loss with 12k . The thing is I don’t sell anything when there is loss. I wait usually that the strategy I use
Then wait, and sell at a lower loss. But put a time frame.dont wait indefinitely. There is time value of money.
"In 6 months, it loss reduces to 2k, i will sell."
Remember this is a shit company with a shit history, and God knows what future.
Please revisit your stock selection process.
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Market was high yesterday. I ve hold several stocks for 2-3 months and sold yesterday with profits. Now you need to keep calm and hold
SabChangaSi
Stealth
4 months ago
If you put 2L you should be ok losing up to 40K in this kind of volatility. Just sit tight, you'll be fine. Don't put more than you can afford to see yourself lose 30% of.
Tata steel 63/unit
Reliance power 27/unit
Bharat electronics - 290/unit
Power finance corp - 505/ unit
In times of volatility and given how concerned you are over just 1 days's returns it's always best to invest in blue chip.
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