Dear Readers,
There was a huge fall in markets today due to fear of hike in interest rates by FED.
But these kind of falls gives a great entry point to enter in quality stocks already recommended by our services.So Please accumulate in small quantity now and after fall of 5 percent or more.
Ace investor Ramesh Damani gives some insights into equity investing which is must read for all investors or those going to invest.Below is the excerpt::
"Ramesh Damani: They will take someone's tip in the lift and put Rs 20 lakh in it and for a Rs 40,000 cellphone, they will research it for two weeks.
Kalpraj Dharamshi: People look at that one number or the Nifty number and they decide everything about the market from that one number.
I have some statistics over here which I would like to share. These are companies which you would not have heard of. Symphony. This makes air coolers. It has returned 94 times from the top of the bull market. It has doubled from March to now. So it is 180x.
Mayur Uniquoters 40x till March, Zydus Wellness 25x, Relaxo Footware 17x, TTK Prestige 15, Eicher Motors 14, Page Industries 13. The numbers are really mindboggling when you go from the bottom of the index, as from March 2009 to date there are stocks which have gone up 120x. So, how do we educate people not to look only at the Sensex and go a little deeper or think more for themselves, invest with a longer-term perspective? How does one do that?
There was a huge fall in markets today due to fear of hike in interest rates by FED.
But these kind of falls gives a great entry point to enter in quality stocks already recommended by our services.So Please accumulate in small quantity now and after fall of 5 percent or more.
Ace investor Ramesh Damani gives some insights into equity investing which is must read for all investors or those going to invest.Below is the excerpt::
"Ramesh Damani: They will take someone's tip in the lift and put Rs 20 lakh in it and for a Rs 40,000 cellphone, they will research it for two weeks.
Kalpraj Dharamshi: People look at that one number or the Nifty number and they decide everything about the market from that one number.
I have some statistics over here which I would like to share. These are companies which you would not have heard of. Symphony. This makes air coolers. It has returned 94 times from the top of the bull market. It has doubled from March to now. So it is 180x.
Mayur Uniquoters 40x till March, Zydus Wellness 25x, Relaxo Footware 17x, TTK Prestige 15, Eicher Motors 14, Page Industries 13. The numbers are really mindboggling when you go from the bottom of the index, as from March 2009 to date there are stocks which have gone up 120x. So, how do we educate people not to look only at the Sensex and go a little deeper or think more for themselves, invest with a longer-term perspective? How does one do that?
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