| Author |
Message |
Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
Online Status: Offline
Posts: 364
|
   Topic: Holding Cash in a Bull market!
Posted: 18/Feb/2008 at 8:44pm |
Dear Basant,
At the height of bull market, always there is a group where we all can easily invest. It is C group. That is Cash.
That is what i try to do. Not 100% successfully but meaningfully.
During the crash of Harshad's time, i had seen many investor selling their shares at 2 3 P/es. Becoz they had to raise cash.
They were trapped and there was no way to hold on.
JM
|
|
I love my money, not my opinion. So i am ready and willing to change my opinion for the sake of protecting my money.
|
 IP Logged |
|
|
|
 |
|
Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
Online Status: Offline
Posts: 364
|
Posted: 18/Feb/2008 at 8:47pm |
Public participation in the stock market is highest at major peaks, and lowest at important bottoms. If we do reverse of this, we can profit easily.
JM
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 18/Feb/2008 at 8:47pm |
It is really difficult to sit on cash. Better way could be to get into the cash equivalent stocks like HDFC (mortgage financier) and the foreign companies these rarely falls with the market!!!
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
prashantmohta
Senior Member
Joined: 23/Jul/2006
Location: India
Online Status: Offline
Posts: 1074
|
Posted: 18/Feb/2008 at 8:52pm |
basantji-just heard that chatlal is sitting more than 50% cash.
chat lal ted aaja,sensex new high banayega  |
|
IP Logged |
|
|
|
Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
Online Status: Offline
Posts: 364
|
Posted: 18/Feb/2008 at 8:56pm |
Hello Basant,
I feel during sharp falls, there is no safe heaven Even in HDFc type companies. They also decline to a certain extent.
Yes Basant, you are right, holding cash is very difficult. One of my friend had many years ago told me that holding cash is difficult becoz from our childhood we have been mostly buying things....
Most want cash to be put at use.
That tendency makes it difficult to hold cash.
Any guidance wud be appreciated.
JM
|
|
I love my money, not my opinion. So i am ready and willing to change my opinion for the sake of protecting my money.
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 18/Feb/2008 at 9:07pm |
It cuts both ways if we can time it then nothing like it if we cannot then it makes the job tougher. Generally I am always fully invested and just tinker with the stocks. For example if I am holding HDFC bank I wil sell it at the fall and get into aggressive companies and reverse the process at the as the market recovers!
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
|
Posted: 18/Feb/2008 at 9:36pm |
Originally posted by basant
Generally I am always fully invested and just tinker with the stocks. |
BasantJi, have you ever SHORTSOLD any stock which you think was "Overvalued" or any index? Any Commodity? 
|
|
You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 18/Feb/2008 at 9:40pm |
Originally posted by BubbleVision
Originally posted by basant
Generally I am always fully invested and just tinker with the stocks. |
BasantJi, have you ever SHORTSOLD any stock which you think was "Overvalued" or any index? Any Commodity?
|
No.
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
