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Cash in when the markets are down

Remember the market downfall in Jan 2008? This time also the market shed more points and is a good time for investors in get into the fundamentally good shares.

With the market comes down, start investing in the fundamentally strong stocks. Those who invested when the market was down in 2008 made a good money in 2010! Few examples: Tata Steel, Canara Bank, Tata Motors etc.,.

Do not wait for the market to bottom out, as no one know what is the bottom. Instead of the Systematic Investment Plan (SIP), which you sign up with some mutual fund, you start investing in the good stocks, whenever the  market sheds more than 100 Nifty points. You can consult your stock broker on the fundementally good stocks. Do your home work and have a diversified portfolio. Good sectors i would bet are: Infrastructure, Banking & Steel.

I hope the market will be going up on Monday, eventhough the rate hike impact is ther.

Happy investing!

Cheers,
Gopal

2 comments:

mshah on May 16, 2012, 6:41:00 PM said...

Instead of contacting your stock broker, you can do it yourself with the help of portfolio managers where in you can set triggers to find out the price when it has reached your desired bottom. I have found one such portfolio management tool which I found very good. Along with setting triggers, these tools also help you identify fundamentally strong stocks. Here is the link http://bit.ly/portfolio-managers

mshah on May 16, 2012, 6:43:00 PM said...

This is the link again - http://bit.ly/portfolio-managers

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