My Investments

Stock Market Blues : I Have Started Buying Today

August 5, 2011
By

Statutory Warning: Stock market investment is the most risky investment possible. Stocks may lose its entire value, leaving you with no money and no future! (My version of the disclaimer) Saying the above warning let me confess that I started buying selective shares starting today. This is investment, not trading. I don’t trade stocks, I invest in stocks that means I buy and hold them for long-term. I do not follow Cramers of the world or for that matter any TV expert. I don’t go to alphas and fools for their advice either.  I believe only in Buffet and his philosophy. Buy when everybody is selling and sell when every body is buying For past few months I was waiting for this day, the day when Dow will be below 11,500 to buy some more stocks to add on to current portfolio. I invest 15% of my monthly saving in to stocks, and I save 50% of my salary, so I invest 7.5% of salary in stocks. I wasn’t buying any share since April and this money was sitting in checking account waiting for its turn to be picked up. My stock investment strategy might sound funny as I buy

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