Waiting patiently for the next opportunity
Dear Friends,
Currently, there is no opportunity to buy for short term. Keep your money in the bank and wait for the next opportunity.
The previous opportunity did not give us 10% profits. However, this was one of the unfortunate chances. Lets hope we get another chance of 10% profits before the end of this year.
Nifty again down by 38 points today due to weak Asian market cues.
As of now, the global cues are mildly negative with the markets down by about 0.5%.
Many bluechips are trading at very low prices compared to some days and months back. Long term investors must continue to invest on a monthly basis in bluechips. When the markets fall, long term investors must not stop their monthly investments. This is a time for them to accumulate shares at a lower prices and thereby secure a good average purchase price for their shares.
Dear Friends,
Currently, there is no opportunity to buy for short term. Keep your money in the bank and wait for the next opportunity.
The previous opportunity did not give us 10% profits. However, this was one of the unfortunate chances. Lets hope we get another chance of 10% profits before the end of this year.
Nifty again down by 38 points today due to weak Asian market cues.
As of now, the global cues are mildly negative with the markets down by about 0.5%.
Many bluechips are trading at very low prices compared to some days and months back. Long term investors must continue to invest on a monthly basis in bluechips. When the markets fall, long term investors must not stop their monthly investments. This is a time for them to accumulate shares at a lower prices and thereby secure a good average purchase price for their shares.
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