Question:

What i do ? sell or hold?

by  |  earlier

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I have 300 share of Ispat @ 35/-, 50 HMT @ 78/-, 4 BHEL@ 1750/-, 50 SAIL @ 168/- & 100 Bank of Mah @ 41/-

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3 ANSWERS


  1. There's an old Scottish saying, "If you can't stand the heat get out of the kitchen".


  2. hold

  3. I don't know anything about these in particular, but an advise on stocks -- the need to preserve capital needs to over-ride the need to be right, never fall in love with a stock, dump it if if the scenario has changed. Stay with managers and executives that deliver. Many (way too many) have huge golden parachutes so they don't need to perform to guarantee a reward. Go back to basics and invest in close-to-sure equities at low valuations. My mom always told me to buy low and sell high. Buy when everyone is depressed and sell when the guy next to you is euphoric. This requires patience. Study Warren Buffett.

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