About Kunal Shinde Expertise Can - Questions related to Indian Stocks only. Stocks listed on National Stock Exchange and Bombay Stock Exchange only. I guide to Investors.
Can't - Short term predications are difficult. Can't give Trading calls.
Experience For past four year I am studying Indian Stocks independently.
Organizations US MNC - Fortune 500.
Education/Credentials MBA in International Business.
I have been looking at stocks like Yahoo, Walmart, Coca Cola etc.
And it seems to good to be true.
For example: if one had bought one thousand dollars worth of shares of
Yahoo back in 1996 when the price per share was one dollar,
today with splits you would have 24,000 shares and since the price per
share is 23.59, you would have: $566,000.
Wal-Mart for example, back in 1974 was 4 cents per share. If you had
bought $1000 worth of shares that would have been 25,000 shares.
It split 9 times since then. So you would have 12,800,000 shares. At
the current price of $43 per share you would have $550,400,000. (Half
a billion).
Now some may say: 'yeah but you have to chose a winning stock many
stocks will lose money or even go bankrupt'.
But I say: Let's say you spend $50,000 on stocks, spening $1000 each
in 50 companies. Even if 49 of those 50 companies went bankrupt, as
long as you chose one winning stock (like Wal-Mart or Yahoo) you would
be a millionaire!
Just seems to good to be true and too easy. This 'buy and hold'
strategy.
Your strategy is very interesting. I will just add few points for selecting good stocks. Look out for sectors which are going to perform well in near future and invest in companies from those sectors. Divide your investment depending upon risk taking ability. E.G. put your 80% of investment in good and stable companies wherein returns steady with no risks. Invest 20% of investment in new and emerging sectors which will give you high returns but risk is also high. Keep track of your investments. But remember most of the time markets are sentiment and news driven so be alert with investment. Invest in good companies with long term plan which will yield you better returns.
And I don't think 49 of 50 companies listed in market will get bankrupted so keep investing.
