Do you play the stock market

compenn · 11th August 2007, 09:50

After the latest fall in the sensex Morgan Stanley said that it seems 4 years bull run in Indian Markets is over. I know nobody can predict the market for certain... but what do you guys think??

Anybody here invests in just Mutual Funds?

tsk1979 · 11th August 2007, 12:46

I invest just in mutual funds. Stopped the stock stuff more than a year ago.

ajmat · 11th August 2007, 13:09

I invest in selected stocks long term but invested heavily in mutual funds since they dictate supply and demnd. I do not have time to monitor the trends of individual stocks.

As for the market, when my neighbour who is a stock broker who claims 5% of stock movement creates the rise and fall gives a thought about mega-speculations happening.
Globally, the debt financing is getting tight, US house prices are dropping, someone has to pay for an expensive war, means that the some ***** being juggled in the air will drop. India being a member of the OECD (god knows what it means but it implies that US and Japan need to spread investments in India) will see these countries cashing in to ease debt.

In short, I cashed out 80% of MF's around the 14500 mark. The market has actually stayed a little above that, surging up and down. My gut feel is that a correction will bring things to 13000.

Some other things happening are strciter merger/ acquisition legal frameworks and also IPO criteria. Why else is there a flurry of property companies floating in haste.

Forget bull runs, stay invested for the long run or take a crazy risk like I did.

I am no expert so please feel free to say - poppycock

compenn · 11th August 2007, 14:30

Just to answer my own question I too invest in just mutual funds since last 1 year and mainly tax saving mutual funds. Made an overall profit of 25% yet but not redeemed.

I guess as most optimistic people say the market will one day go to 50,000 mark its just a question of when. May be15 years or 20.

Just to highlight how well Indian Market did in last few years if somebody had invested 1 lak in Magnum Tax gain fund 5 yeas ago that would have been worth more than 11 laks today. Now.... I've started sounding like a Mutual Fund advisor but that I'm not!!!

alpha1 · 11th August 2007, 15:19

This is a consolidation period.
Will last for few weeks at max.

Anyone who says this is begining of bear phase probably is trying to bush whack ppl into selling, so that he can buy at lower levels.

BTW, in the 4year bull run of Indian markets, its is the Indian public who has been sitting out and watchign the Institutional (Indian as well Foreign) investors make money.

Seems like Indians don't have confidence in their own markets, but foreigners have. LOL

BaCkSeAtDrIVeR · 11th August 2007, 21:54

Yahoo! Finance India is a good place to research technicals. Best part is their "portfolio" feature - I use that feature to monitor a small list of stocks. Of course, icicidirect and myiris are good sites for fundamentals research; and there is not much overlap between them. But i sorely miss the excellent summaries of financials which used to come wtih the Financial Express.

wanderernomad · 11th August 2007, 23:21

I use indiabulls and indiainfoline but Indiainfoline guys suck. They do unauthorized trading from your account and do not even bother to ask you if they can make a buck out of your money. I have already lodged a complaint against them with SEBI as repeated calls to them did not work.
IMO long term investments are better as you do not spill your Tea every time the bears rush in but you do enjoy the bull ride.

musicmanaman · 13th August 2007, 12:57

I have been trying to study the market for close to 2 years, have seen it rise from 9000+ to 14000+.

I guess I'll get in one of these days, I'm really inspired by books like Rich Dad Poor Dad, though I'm sensible enough to realise ground realities, but these books sure get you thinking.
The power of compounding just looks too good on paper and in theory, so I intend putting it to use.

Timing the markets is something all fundamental books on markets tell you not to do, but I guess all of us try to time the markets to enter atleast.

appuchan · 26th October 2007, 16:43

wow, the stock market is on a roll. This way, I will be able to upgrade my car sooner than expected ...

thefreak · 26th October 2007, 17:24

Quote:

Originally Posted by musicmanaman

I have been trying to study the market for close to 2 years, have seen it rise from 9000+ to 14000+.

I guess I'll get in one of these days, I'm really inspired by books like Rich Dad Poor Dad, though I'm sensible enough to realise ground realities, but these books sure get you thinking.
The power of compounding just looks too good on paper and in theory, so I intend putting it to use.

Timing the markets is something all fundamental books on markets tell you not to do, but I guess all of us try to time the markets to enter atleast.

Yeah same here!

Been waiting for the market to fall before I start investing again and the bloody thing refuses to come down!

Also reports at moneycontrol should be taken with a pinch of salt. I bought only one share on their advice and it has the distinction of being the only share on which I have booked loses

MADMAX111 · 26th October 2007, 18:53

For mutual funds try valueresearchonline.com. Only go for 5 star rated funds with a track record of 5 yrs or more and a history of lowest fall during bad markets.

horsepower · 26th October 2007, 18:59

guys what shares are u investing in? I read telecom will be good bet.

wolfff · 26th October 2007, 19:27

Have been investing in the stock market for a couple of years now... its been going good so far... so I plan on investing even more in the future.

vijay_k · 26th October 2007, 20:43

Even i am interested in shares and mutual funds but my knowledge is very limited so not very confident..
guys is there any place in bangalore where they teach us about shares, mutual funds, trading etc...

Vijay

mclarenracer · 27th October 2007, 00:51

i buy on a rumor, sell on a news.

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	396	32.25%
26 - 50% -- I have a few stocks.	550	44.79%
51 - 75% -- I'm an active trader.	201	16.37%
76 - 100% -- Hey, I'm an i-banker!!!	81	6.60%
Voters: 1228. You may not vote on this poll

11th August 2007, 09:50	#31
compenn BHPian Join Date: Apr 2006 Location: delhi Posts: 125 Thanked: 4 Times	After the latest fall in the sensex Morgan Stanley said that it seems 4 years bull run in Indian Markets is over. I know nobody can predict the market for certain... but what do you guys think?? Anybody here invests in just Mutual Funds?
	() Thanks

11th August 2007, 12:46	#32
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,825 Times View My Garage	I invest just in mutual funds. Stopped the stock stuff more than a year ago.
	() Thanks

11th August 2007, 13:09	#33
ajmat Team-BHP Support Join Date: Feb 2004 Location: Bangalore Posts: 14,864 Thanked: 27,975 Times View My Garage	I invest in selected stocks long term but invested heavily in mutual funds since they dictate supply and demnd. I do not have time to monitor the trends of individual stocks. As for the market, when my neighbour who is a stock broker who claims 5% of stock movement creates the rise and fall gives a thought about mega-speculations happening. Globally, the debt financing is getting tight, US house prices are dropping, someone has to pay for an expensive war, means that the some ***** being juggled in the air will drop. India being a member of the OECD (god knows what it means but it implies that US and Japan need to spread investments in India) will see these countries cashing in to ease debt. In short, I cashed out 80% of MF's around the 14500 mark. The market has actually stayed a little above that, surging up and down. My gut feel is that a correction will bring things to 13000. Some other things happening are strciter merger/ acquisition legal frameworks and also IPO criteria. Why else is there a flurry of property companies floating in haste. Forget bull runs, stay invested for the long run or take a crazy risk like I did. I am no expert so please feel free to say - poppycock
	() Thanks

11th August 2007, 14:30	#34
compenn BHPian Join Date: Apr 2006 Location: delhi Posts: 125 Thanked: 4 Times	Just to answer my own question I too invest in just mutual funds since last 1 year and mainly tax saving mutual funds. Made an overall profit of 25% yet but not redeemed. I guess as most optimistic people say the market will one day go to 50,000 mark its just a question of when. May be15 years or 20. Just to highlight how well Indian Market did in last few years if somebody had invested 1 lak in Magnum Tax gain fund 5 yeas ago that would have been worth more than 11 laks today. Now.... I've started sounding like a Mutual Fund advisor but that I'm not!!!
	() Thanks

11th August 2007, 15:19	#35
alpha1 Senior - BHPian Join Date: Apr 2007 Location: LandOfNoWinters Posts: 2,093 Thanked: 2,605 Times	This is a consolidation period. Will last for few weeks at max. Anyone who says this is begining of bear phase probably is trying to bush whack ppl into selling, so that he can buy at lower levels. BTW, in the 4year bull run of Indian markets, its is the Indian public who has been sitting out and watchign the Institutional (Indian as well Foreign) investors make money. Seems like Indians don't have confidence in their own markets, but foreigners have. LOL
	() Thanks

11th August 2007, 21:54	#36
BaCkSeAtDrIVeR BANNED Join Date: Jun 2007 Location: Kochi Posts: 2,522 Thanked: 752 Times	Yahoo! Finance India is a good place to research technicals. Best part is their "portfolio" feature - I use that feature to monitor a small list of stocks. Of course, icicidirect and myiris are good sites for fundamentals research; and there is not much overlap between them. But i sorely miss the excellent summaries of financials which used to come wtih the Financial Express.
	() Thanks

11th August 2007, 23:21	#37
wanderernomad Senior - BHPian Join Date: Jul 2007 Location: Chandigarh Posts: 2,534 Thanked: 1,276 Times View My Garage	I use indiabulls and indiainfoline but Indiainfoline guys suck. They do unauthorized trading from your account and do not even bother to ask you if they can make a buck out of your money. I have already lodged a complaint against them with SEBI as repeated calls to them did not work. IMO long term investments are better as you do not spill your Tea every time the bears rush in but you do enjoy the bull ride.
	() Thanks

13th August 2007, 12:57	#38
musicmanaman BHPian Join Date: Nov 2006 Location: kolkata Posts: 927 Thanked: 25 Times	I have been trying to study the market for close to 2 years, have seen it rise from 9000+ to 14000+. I guess I'll get in one of these days, I'm really inspired by books like Rich Dad Poor Dad, though I'm sensible enough to realise ground realities, but these books sure get you thinking. The power of compounding just looks too good on paper and in theory, so I intend putting it to use. Timing the markets is something all fundamental books on markets tell you not to do, but I guess all of us try to time the markets to enter atleast.
	() Thanks

26th October 2007, 16:43	#39
appuchan BHPian Join Date: Jan 2006 Location: Bangy Posts: 642 Thanked: 27 Times	wow, the stock market is on a roll. This way, I will be able to upgrade my car sooner than expected ...
	() Thanks

26th October 2007, 18:53	#41
MADMAX111 BHPian Join Date: Apr 2006 Location: New Delhi Posts: 191 Thanked: 109 Times	For mutual funds try valueresearchonline.com. Only go for 5 star rated funds with a track record of 5 yrs or more and a history of lowest fall during bad markets.
	() Thanks

26th October 2007, 18:59	#42
horsepower BHPian Join Date: Sep 2005 Location: Gurgaon Posts: 281 Thanked: Once View My Garage	guys what shares are u investing in? I read telecom will be good bet.
	() Thanks

26th October 2007, 19:27	#43
wolfff BHPian Join Date: May 2007 Location: Delhi Posts: 34 Thanked: 2 Times	Have been investing in the stock market for a couple of years now... its been going good so far... so I plan on investing even more in the future.
	() Thanks

26th October 2007, 20:43	#44
vijay_k BHPian Join Date: Feb 2007 Location: Bangalore Posts: 210 Thanked: 43 Times	Even i am interested in shares and mutual funds but my knowledge is very limited so not very confident.. guys is there any place in bangalore where they teach us about shares, mutual funds, trading etc... Vijay
	() Thanks

27th October 2007, 00:51	#45
mclarenracer BHPian Join Date: Oct 2006 Location: Seattle Posts: 115 Thanked: 11 Times	i buy on a rumor, sell on a news.
	() Thanks