Lumuhuku

Arbitary Obsessionist's Blog : Ambition is redundant. In life, mission is everything.

Make a killing!!… not yours!

with one comment

If you know what money is then you would definitely be familiar with Peter Lynch…
He once said, “The best time to buy is when there is blood on the street”…. refering to the art of buying stocks…
Though I am no authority in this field, but syill I wiould like to modify it a wee bit…
So here it goes…

“The best time to buy is when there is blood on the street. But if you try to catch a falling knife, the blood would be yours.”

What I want to advice is that when the markets are going down, it is best to buy stocks at low and attractive prices. But you need to see whether the company does have any value or it is just having a free fall.
So, suppose at the time of boom, a firm has price of Rs. 500.
…and at the time of slump, it is going down to 100…
then buy only if you are able to see any value…. otherwise… without value, the stock prices might go down to Rs 10….
..and that means you are a dead duck…

So, before investing, just do check, that the blood on the street is not yours….

Keep mintin’ money!!!

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One Response

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  1. goodness me!!!!
    the information given here is truly mind boggling!

    i never thought on these lines in the past.

    truly very informative.

    plz write more often who so ever u r!

    Anonymous

    August 25, 2007 at 6:16 pm


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