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 The Equity Desk Forum :Market Strategies :Fundamental
Message Icon Topic: Holding Cash in a Bull market! Post Reply Post New Topic
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valueman
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Quote valueman Replybullet Posted: 08/Oct/2008 at 2:15pm
So how many of you are left with cash to cash on the Mega Sale of stocks now ?Smile

To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
Benjamin Graham.
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bassein
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Quote bassein Replybullet Posted: 08/Oct/2008 at 2:44pm
Originally posted by valueman

So how many of you are left with cash to cash on the Mega Sale of stocks now ?Smile


That's a dangerous question to ask! Visitors may turn up at the door!

As Vivek suggested, convert duds to opportunities if you're short of cash.
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 08/Oct/2008 at 3:33pm
I have some cash.
Waiting for my next salary, which is some three weeks off.
Actually, prices are going down so much that I've actually started saving some money.
Never thought about saving anything earlier.
"History does not tell you the probability of future financial things happening" - Warren Buffett
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basant
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Quote basant Replybullet Posted: 08/Oct/2008 at 3:46pm
Don't you carry credit cards?
'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
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kumardiwesh
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Quote kumardiwesh Replybullet Posted: 08/Oct/2008 at 4:19pm
I don't have a credit card.
Aajkal banks bahut cautious ho gaye hain.
A friend who works with Kotak Securities and has a seven-figure salary was rejected a credit card by Citibank.

Edited by kumardiwesh - 08/Oct/2008 at 4:20pm
"History does not tell you the probability of future financial things happening" - Warren Buffett
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snehaldani
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Quote snehaldani Replybullet Posted: 08/Oct/2008 at 8:25pm
Interesting to note that Kotak Securities employee wanted a citibank card while his own bank has launched an innovative credit card.
 
Was it that he wanted anonymity from his employer about his spending habits?.
Snehal P.Dani
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kanagala
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Quote kanagala Replybullet Posted: 08/Oct/2008 at 10:13pm
I have small cash. But there you go. I am worried about job loss. If i get 3-6 months time frame, will able to generate some more cash to invest.

While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.
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Musketeer
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Quote Musketeer Replybullet Posted: 08/Oct/2008 at 10:21pm

Paramount is your composure and ability to ignore whats happening in the markets when it gets too extreme. Construct a portfolio that you shouldn't need to liquidate atleast for the next 3 years. Be mentally prepared to face a time when your portfolio may be down and you want to buy more but cannot. Never lose control of your cash flows and you'll be fine after 3-4 years. If this is once in a century event, I hope we come out of it and use what we learn from it.

Be fearful when others are greedy. Be greedy when others are fearful.
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