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
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.
Came across a few posts on Twitter suggesting that if the gains are less than 1 lakh, it might be better to sell right now and buy later. I have just started a while back and have around 15L invested. Was looking towards the long term ho...
PAYTM Payments Bank essentially asked to shut shop.
Afaik here are the few implications
That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.
I have been investing regularly in MF and Stocks for the past 1.5 years. Recently for the past couple of days the market has been very bad and i have lost a lot of money. Should i invest more or should i hold. Need some investment sugges...
Stop following nifty Markets are shifty Grab a whiskey Avoid the risky
