Indian markets have progressed at a decent speed comparatively to the Asian peers but now it is time for the intelligent investors to sell out those weaker businesses or assets which can be washed away with the fall in the markets, at the same time also decide to book profits in the good companies which are giving you gains anywhere in the range of 20% to 100%.
Also it is important to buy newer scripts and businesses which are having good future prospects with a perspective in mind for a period of 1 year. Since while your scripts which have reached its peak will get adjusted towards lower side the newer businesses will support your portfolio.
Now it is a big question what to buy and what not to buy, this is the time you start thinking as a consumer and decide what is the items you will decide to buy in your next 6 months and why you should buy that? Then look at the good managements whom you have confidence that they will do good job for your company It is as simple that whom you want to hire for job to be done at your place. Then look at the price have a target and the add it to your portfolio.
Another way is look at the companies from the aspect of technology, environment, resources availability and other reasons which will drive the prices of shares. Also if you are confident of a
business or a company due to certain reasons you understand it better then just don't listen to anybody or don't worry about the cost of share just invest and project the reasons for your confidence. If you are successful then it is the time that you need to know that you have become financial advisor for yourself which is the biggest asset for any investor.
So go for a kill and believe in yourself rather than me. BEST OF LUCK and do write in your feedback on the above post.
