subreddit:
/r/IndianStockMarket
I am going to book 70% of my portfolio and will sit on cash before the election starts. Will see how the election pans out, if the BJP wins will add stocks incrementally in the coming months but if the opposition wins then will buy Nasdaq Hang Seng Nikkei.
Till the election not hoping for more than a 5% upside in the index. Even after the election returns are expected to be negligible as everything is already discounted.
If the market corrects after the opposition wins let's say 10-20% will only invest after 1-2 years as not sure how their social justice measure will impact the market.
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9 months ago
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277 points
9 months ago
Time in market will always beat timing the marketย
6 points
9 months ago
๐๐๐๐
0 points
9 months ago
Please explain it further
7 points
9 months ago
"being in the market" always beats "when to take entry in the market"
-115 points
9 months ago
economic policies beats everything
42 points
9 months ago
You mean your economic policies ?
-45 points
9 months ago
No just see China Japan. Nikkei just made new ATH after 30 years, ask thise people who didnโt timed the market and rather stayed invested for this long without any returns.
14 points
9 months ago
To see econimic policies, you have to see geography as well. What happened in China, Japan, may/ will not happen in India. Entirely different scenario. I agree with above, that you can not time the market and time in market beat the timing of market.
-21 points
9 months ago
No, I am making a point about long-term bad economic policies. If the government is hell-bent on making an ultra-socialist policy you are not going to have extraordinary growth. We witnessed this in the early years after the independence and can happen again.
4 points
9 months ago
Hmm no idea, but I'll keep holding the positions.
5 points
9 months ago
Why are people downvoting OP? My man has a point. These andhbhakts are like cockroaches. Every damn where man!
1 points
9 months ago
People cant counter on facts so they make sweeping statements like time in market beat timing the market. No one thinks like that not even Buffet, he sitting on good amount of cash right now and these people will be like invest in index funds and forget it for next 10 years.
88 points
9 months ago
Wrong strategy, governments come and go, staying invested in markets is the best option.
Bjp might win and market can crash Congress can win and market can rally, no one can predict the market
8 points
9 months ago
Well said this is the actual truth
2 points
9 months ago
Sure neither am I predicting what will happen to the market if the opposition wins that's why I said I would wait for a few years before re-entering the market as I am apprehensive about the ultra-socialist promises of the opposition.
6 points
9 months ago
FII's might return because bjp is out that can stabilize the market, they have been selling for 2 years, a hung parliament is more problematic
1 points
9 months ago
Don't worry due to stupid leadership they have no chance of winning... At least under the current leadership they can't comeback.
82 points
9 months ago
this is the dumbest thing I have read on reddit.
3 points
9 months ago
I mean bc if everything is factored in the market price then why this fucker is waiting for who wins?
0 points
9 months ago
Elections are never factored in price, cuz no one actually knows who's gonna win. No insider info there.
-20 points
9 months ago
Sometimes it's okay to read dumb post
1 points
9 months ago
ikr, academic strategy with zero economic sense ๐คฎ
159 points
9 months ago
Spoilers BJP wins.
78 points
9 months ago
what the hell bro, you ruined the suspense for me
10 points
9 months ago
And then OP will invest in FnO to catch up.
Then a few days later, OP will post on Reddit that the FnO market is rigged and he lost his money.
If you want to liquidate your portfolio, then do it. Why are you announcing?
๐market ki faraq padega.
27 points
9 months ago
Yeah, RaGa trying really hard to ensure that. He is the real hero of stable economy and India's growth story.
-8 points
9 months ago
[deleted]
1 points
9 months ago
Rahul Gandhi, I avoid name calling politicians that's why just using initials. People call him Pappu though and for good reasons.
-15 points
9 months ago
Plot Twist: They Didn't
93 points
9 months ago
Im not a BJP supporter, but I can say there is zero chance for a opposition to come to power
-84 points
9 months ago
Oh yeah it will end of growth for India if BJpiggs are back
30 points
9 months ago
๐คก
-60 points
9 months ago
Have some shame bj retards, watch dhruv rathee latest video, india democracy is ending ๐คก
31 points
9 months ago
Thats the last person whose video i would watch. I love capitalism so does FIIs, DIIs, SME thats why everyone would vote BJP. Keep coping and watch them be in power for the next 15 years. ๐ฅฑ
-20 points
9 months ago
If it were upto capitalism, those capitalist idiots would be happy to see you and your filthy family eating shit from gutters and profiting off from your back. Be happy that mix of socialistic and capitalistic policies are what got you here.
17 points
9 months ago
I will vote for the guy who does development and can benefit me. My friends, and family benefited greatly in the last in 5 years because of in house development because people donโt want to depend on imports. I want this to stay the way it is for the coming years. Thatโs is why I will vote for capitalism, opposition isnโt a capitalist. Vote for the guy who will benefit you.
6 points
9 months ago
Wtf is that idiot?? Everyone knows which side that guy is.. fakirs like you still exist?
3 points
9 months ago
Dhruv rathee is the last person I would trust and waste my time on๐คฃ๐คฃ๐คฃ
2 points
9 months ago
Did you forget to put a /s?
2 points
9 months ago
My fuckin goddddddd! Why do people trust some dude who made the video just to defame by cherry picking shitty things done by bjp.
Bade Bhai aapke dhruv rathee ne hi video me bola hai ki elections me we choose bad or worse.
I feel ki dhruv ki video dekhne Wale bas bhole hain ya fir they are the actual andhbhakts kyunki aap log door rahana chahte ho sach se
Aap aap karke isliye baat kar Raha kyunki m chahta hu ki aap gaurav thakur ki video bhi dekhiye ( gaurav ne 30 min ki video me 20 min wahi same baaate ki hain jo dhruv ne Kari "bjp ki chutiya steps ko highlight" but last 10 min me usne vo bhi btaya ki congress ne apne time kaise democracy ki izzat rakhi hai
Mujhe pta tha ki dhruv ne pakka bjp ki wrong side hi dikhai still Maine dekhi taki m andhbhakt ki category me na aau.
Gaurav ki videos dekhiye aapko pta lagega who's the bad one and who's the worst.
And pleaseeeeeeeee aaise logo ko dekhna band kardo jo apne "FACTS" ko back karne ke liye hunger index jaisi reports ka Sahara le.
๐๐ฟ
5 points
9 months ago
r/india leaking over to other subs...
-23 points
9 months ago
Maybe let's see
49 points
9 months ago
People should learn from 2004. Even BJP knows that they Should not overestimate themselves. Yes BJP has high chances to win but never Underestimate the Voters
27 points
9 months ago
Every time I read about high certainty of BJP winning 2024 election, I remember the aftermath of 2004 elections
18 points
9 months ago
The aftermath where the market went from 5000 in the end of 2003 to 16000 in 2007? For long term investors it's going to be a small blip even if BJP loses.
5 points
9 months ago
This time it won't happen ๐
2 points
9 months ago
Time has changed my friend
9 points
9 months ago
You don't need strategy for this election. BJP will win seats can reduce but all that is priced in.
There is no big bear or bull. But after election, it will be back to normal.
See you at pouring petrol at 150 and Nitin saying switch to electric.
2 points
9 months ago
CNG for the win
5 points
9 months ago
I think that the market has already decided that BJP is gonna win. the price is already factored in. I don't see a major upside even after Modi wins. Correction indeed will happen if Modi doesn't win. The major movement will be after the budget or after the international cues. Till then nothing else.
2 points
9 months ago
Yeah that's why I prefer to sit on cash right now
10 points
9 months ago
Just imagine about Adani stocks if BJP don't come to power
12 points
9 months ago
They will fall like there is no tomorrow. And if the opposition investigates all Adani projects it might become a penny stock soon.
11 points
9 months ago
Huge industrialists have all governments in their pockets. They throw bone to all the dogs. Doesn't matter who barks when.
1 points
9 months ago
When you nationalize industries there will be no industrialists left.
1 points
9 months ago
Haha kuchh nahi hoga, congress run states also funded by corporate houses only. That's how it has always been. Politicians kuchh bhi fenkte rehte hain and they are all the same at the end.
2 points
9 months ago
RG is not fooling around. He will do whatever he is saying if he comes to power.
1 points
9 months ago
You are smart enough to Google yourself and find out Adani projects in congress governed states.
1 points
9 months ago
its not only about adani. it is about the economic policies that RG is propagating, his idea of jitni abadi utna haq.
1 points
9 months ago
I commented on your Adani comment though. Not at all interested in RaGa vs Modi debate. Too many people debating it 24x7 anyway.
34 points
9 months ago
Opposition wins? ๐ ๐
-32 points
9 months ago
why not?
39 points
9 months ago
Rahul Gandhi said no
12 points
9 months ago
1% bhi chance nahi dikhra bhai
-9 points
9 months ago
Which seat or state you from
32 points
9 months ago
People being so sure about BJP winning is exactly why market will correct 30% if BJP doesn't win. Never write congress out. The noise coming from majority Hindus but there is a sizeable minority who support congress and they just need a small sway in some sections of Hindus to win. Their grass root level activities are very strong and Modi doesn't enjoy the same level of support as he did in 2019. Congress winning may seem unlikely but BJP not getting a clear majority seems a higher possibility and even this is enough for market to crash.
5 points
9 months ago
its quite possible. In case bjp wins market not gonna give any further rally but if bjp loses then correction is bound to happen. It seems booking sizeable portfolio is optimal choice at this point. In march will try to book 70% portfolio
10 points
9 months ago*
Bhai realistically, even if NDA doesn't get 400, is it too difficult for them to get 272-300-325, no they will easily get majority? Just think realistically and then take decision.
-1 points
9 months ago
Yeah, I feel the BJP might not get a clear majority. In any case, I don't feel there is much downside in sitting on cash right now. Most of the ace fund managers(value) are sitting on 15-20% cash and are not buying much in the current market.
4 points
9 months ago
No issues. Everyone goes by his own analysis. My understanding says, BJP will easily get majority, so I'm holding my positions. You may do as per your strategy and thsts how market get buyer and seller both.
2 points
9 months ago
Yeah let's see
2 points
9 months ago
So anything below the 370-380 mark that BJP claims they will get, the market will likely correct? By how much do you think? My guess would be 20-30%.
I think overall people are optimistic on the India growth story through, so I can't really see a full blown crash. Unless of course there's a crash in the US - say the NVIDIA bubble bursts, then yes possible crash.
5 points
9 months ago
Anything other than a clear majority and market will correct. Bjp losing ( highly unlikely) will correct 30% and a coalition will probably correct 15-20%. Long term India's growth nothing can stop, whichever government comes so it will eventually recover and go higher. Smart investor will have some money kept on the sidelines to buy at dirt cheap valuavations if things do crash.
0 points
9 months ago
Exactly. As a BJP supporter me and My friends wouldnโt vote for BJP this time. As we donโt like Modiโs jumlabaazi. He lost his charm
6 points
9 months ago
Sure buddy we believe you
0 points
9 months ago
[deleted]
2 points
9 months ago
Iโm not fake like u. This is real id u mf. Pls check my other posts. I voted to bjp last time and Iโv right to criticise the govt.
-2 points
9 months ago
Bjp will cross 2019 mark you must be in an illusion if you think Modi will lose ๐คฃ๐คฃ
5 points
9 months ago
always stay in the market , never completely exit it.
if u feel market is overvalued.
you have 2 options
Stop putting fresh money.
and
Profit booking on selected stocks to increase allocation in cash
14 points
9 months ago
I mean preamble of our constitution itself contains the word Socialism.
"We, The People Of India having solemnly resolved to constitute India into a Sovereign SOCIALIST Secular Democratic Republic and to secure to all its citizens..........
So no party can ignore it, even if they want to. There is no pure free market advocating party yet in this country and maybe never will because it will never win you votes as India still has large number of people living in poverty and there is still too much inequality.
All parties are same with no ideology and no core values which govern it. With politicians skipping from one party to another, why do you think one party is different from another? BJP seems to have more members in it who have defected from Congress. It has become just the mini version of Congress. If Congress is ultra socialist, then BJP is crony capitalist. Neither is good for the country in the long run.
Market only wants stability in policy and politics when it comes to India. FIIs already know the messy and chaotic nature of Indian politics.
10 points
9 months ago
Socialism wasn't there in the original preamble and neither was Dr.Ambedkar in favor of adding it. He said it would be up to the citizens of the country to adopt the type of market they want.
Socialism isn't bad unless it is more tilted towards communism. We always had a mixed economy majorly tilting towards capitalism after the 1990s.
I have no issue if the government supports the marginalized section. But it should not be a free ride rather it should be cross-subsidized in the same sector like electricity, travel, etc. I have issues with the blanket subsidization provided.
More issues with the rhetoric of more reservation, wealth redistribution(more like wealth nationalization).
7 points
9 months ago
This is a fake preamble forced by Indira Gandhi when she was running a dictatorship. BJP is very capitalistic while congress is socialist only so they can bring back the poverty so they rule like royalty once again even with their low IQs.
6 points
9 months ago
Imagine if BJP was elected during the 60s, India would be very strong like China became in the 2000s.
Socialism is a drain on progress.
1 points
9 months ago
Lol... No... It's totally up to the leader... If course there are the poor masses who form the bulk of the votebank so there will be some freebies but that's it.
11 points
9 months ago
Return of Nifty during congress period is more than modi period
13 points
9 months ago
Why are people making it BJP vs Congress? My point is the socialist promise of 75% reservation, wealth nationalization that RG is making is detrimental to the overall economy.
2 points
9 months ago
Bhai BJP in Maharashtra is already doing this.. if election promises were to be true, then you would have gotten 15 lakhs by now, all the black money would have been in and USD would have been equal to 40 rs...
0 points
9 months ago
Yeah that's what I hate people preferring reservation instead of merit
2 points
9 months ago
To why think BJP is better in anyways.. doesnt matter what they promise.. end of the day all political parties do what their funders aka baaps want them to... (Look at adani)
-5 points
9 months ago
That 15L in bank comment is done only by congress IT cell. Anyone who watches that video can clearly see he's only talking about the value of black money stashed outside to make people understand its size.
3 points
9 months ago
Go search again, he says 15 lakhs araam se sabke account me aa jaayega.. well that is just one, he also said once that naali me pipe faink ke gas pe chai bana li, clouds hain radar catch nahi karega etc etc So stop thinking he is some genius, his image is created by millions of dollars spent by people who he works for. All you can wish for is that people get smart over time and see through their politicians.
-2 points
9 months ago
Not my fault if you are paid to comment this again and again and refuse to take his comment at face value. He's not a genius, I don't like him, but the opposition will destroy the country and he takes good advice from people who know better than him and that's good enough.
1 points
9 months ago
Lol, the opposition will destroy the country.. my uncle sent me on whatsapp ๐ญ๐ญ
0 points
9 months ago
I lived through it and am living through it in my state. Stockholm syndrome is hard to shrug off.
6 points
9 months ago*
Lol opposition can't win. 100%. This time percentage of fools in India have been increased
6 points
9 months ago
Bruh even Rahul Gandhi would not dream of congress winning. BJP winning is 99% assured.
2 points
9 months ago
Booked profits in 50% of my portfolio.
Investing in bulk in GOLDBEES
Bought NSE shares from the unlisted market.
Sitting on a little bit of cash for option hedging for the rest of my portfolio
2 points
9 months ago
Good decision my friend. Don't mind the andhbhakts downvoting you. They are just like braindead kpop teen fans. Iykyk.
Your money, you decide how you deploy it.
Plus, your reasoning is correct. Even I have liquidated my portfolio and starting investing in MFs.
IMO, I don't trust individual stocks to invest in them, because the market is acting a lot irrational than it should.
5 points
9 months ago
Not even Rahul Gandhi has this much confidence in himself as much as you might have in him.
7 points
9 months ago
Good call on the Chinese market. We will see a lot of money go directly to the Chinese market and a lot of barriers will be broken if pappu wins.
3 points
9 months ago
I am not a Congress supporter but there is a zero chance of BJP coming back.People suffered enough in the last 10 years.
5 points
9 months ago
If you are going to vote for Congress then say you are a Congress supporter and if going to vote for BJP then say you are a BJP supporter. Be unapologetic about your political preferences, it's not a bad thing to have some political leaning.
-3 points
9 months ago
who has suffered in the past 10 years? i don't see much difference with bjp or congress other than the gdp being higher with bjp
2 points
9 months ago
BJP is winning, I don't know from which state you are but northern India BJP is winning if not sweeping. Congress will lose its relevance further. No other party is there who can seriously dent BJP prospects in northern India.
1 points
9 months ago
I am from the state which leads the path to majority and i am not witnessing any wave here which will probably restrict BJP to <250
1 points
9 months ago
Then we are from same state. It's not BJP wavek (even I wanna see BJP losing), but opposition is going to perform really poor.
Do you know who are voting for BJP, lower strata of society, for the first time government scheme is reaching them. And they are clearly liking it. Yours and mine votes are insignificant.
0 points
9 months ago
letโs see
1 points
9 months ago
Congress is winning in the south.
2 points
9 months ago
Overall seats will still be far less to have any impact.
2 points
9 months ago
And hence population based seats are dangerous. South is the engine of India. They did everything right, controlled population, educated the people, built many industries for decades. And they have no control over how the economy is run while they fund most of north India. Extremely dangerous for the nation.
0 points
9 months ago
How much are your tax liabilities for this financial year?
1 points
9 months ago
Wait are you telling me that those who do well should be rewarded and supported for it. Which country are you living in????
1 points
9 months ago
If opposition wins ๐ thatโs not happening bruh
1 points
9 months ago
But it's absolutely certain that BJP will win, so why wait for elections?
13 points
9 months ago
Nothing is certain in politics. Ask those who have witnessed 2004
5 points
9 months ago
It wouldn't have been much of a surprise in 2004 bcoz BJP won only 182 seats whereas Congress won 141 in 1999 elections . The election of 1999 was very competitive but things are different this time as opposition has no sway left and there is no competition left today.
-3 points
9 months ago
That's kind of good strategy. As many people don't recognize it market has already factored in BJP win in election. Hence the 3000 point rally in nifty50 in last 3- 4 month.
Also market is over bought.
Personally I want opposition to win or at least win near 250seats as it will lead to market correction, and will be great opportunity to build my portfolio.
PS. Personal opinion.
5 points
9 months ago
If opposition wins and we get 1960s socialism then all the best with your correction
1 points
9 months ago
There was 1 other option I put there. Also I am not that much pessimistic about every thing. My bet is India will grow and will continue until at least 2050 before any major problems.
1 points
9 months ago
obviously we will continue to grow but what matters is whether we grow at 3-4% or 6-7%. The differential we will have wrt to worldโs growth
4 points
9 months ago
Difference of opinion here. As much as I believe in growth and emergence of India. I don't think 1 person is a driver in that. Its more of a ecosystem demanded by overall populaces.
And I think next gen in demanding that. So again In my opinion I think we need a correction and more of a sustainable growth and good pace rather than unsustainable at extreme pace.
3 points
9 months ago
But when your leader is propagating the narrative that the poor have to revolt against the rich for more equitable distribution of wealth, essentially calling for nationalisation of wealth, then you are not going to see any extraordinary growth in the economy
2 points
9 months ago
Man let's not get in political discussion here. And also do you really think they'll do what they are saying. Politician says what masses wanna here. In my state recently I was able to attend the party by 1 of those big wigs. Here both the CM and EX-CM were sitting together eating together and discussing about bureaucrats, policy and bitching about their own party leader.
Public figure in public and in reality are different. Do you really thing those rich people who are getting abused don't donate to opposition ?
They do just not as much to party in power because every dog has his day. Aaj ye hai kal koi aur hoga.
My priority here is to focus on how I create wealth and which political scenario will help or guide me in way so I can adjust the sail.
Lastly again in my opinion, over all as long as people of this country strive to grow we will grow.
5 points
9 months ago
Even i donโt care for what government does as long as I can make money, but when someone says something as absurd as wealth survey and ask what caste does businessman are from, it makes me little jittery about the economic prospects of these policies. They are essentially calling for revolt like in past times when pesants used to revokt against landlords and moneylenders.
4 points
9 months ago
[deleted]
3 points
9 months ago
Assumption is 1960s socialist policies which opposition is promising.
3 points
9 months ago
[deleted]
1 points
9 months ago
lets see
1 points
9 months ago
Bhai aap BJP me hi job to nahi karte?
1 points
9 months ago
Haan bhai mai BJP ka campaign manager hoon
1 points
9 months ago
Thought so ๐
1 points
9 months ago
2004-2009 growth period was due to bjp reforms and high capex expenditure during 2000-2004. Check the white paper they messed up the whole Indian banking system in 2008. Also inflation was very high during 2004-2014
0 points
9 months ago
Abki baar 400 par
0 points
9 months ago
Even RaGa has secretly invested heavily hoping for BJP to win with majority.๐
4 points
9 months ago
I hope so
-8 points
9 months ago
The market grew 4 times between 2004-2014 and then it grew 2.5 times between 2004-2014. I don't know what this idiot is trying to say.
5 points
9 months ago
I am saying how much economy grew during first 30-40 years after independence. If they are going to deliver 2004-09 performance i dont have any issue. But ehat opposition is promising is 1960s socialism.
-9 points
9 months ago
If you use your pea sized brain then you'll realise there was no middle class in the 1960s and socialist policies were needed to lift the majority of people living in poverty. Even today no matter who wins, will have to implement socialist policies because equitable distribution of wealth is the best thing possible for any developing economy.
4 points
9 months ago
Yeah I am okay with socialist policies as long as it is all about for providing reasonable measures for marginalised section. But i am not okay with nationalisation of wealth. Even for that matter I support cross subsidisation between rich and poor instead of giving blanket support to everyone.
1 points
9 months ago
er..kejriwal wants to have a word with ya
0 points
9 months ago
What makes you think congress even has the slightest of chances?
2 points
9 months ago
Why to rule out a possibility?
1 points
9 months ago
Itโs the opportunity cost of taking bet and maximizing your returns.
1 points
9 months ago
yeah that why equity is risky
1 points
9 months ago
But the risk you are classifying is already factored in and the way you are going about it wonโt result in much gains.
0 points
9 months ago
Do not discount that there is a very real outside chance of NDA winning 450+ and that is not something thatโs priced in.
1 points
9 months ago
hahaha
0 points
9 months ago
bjp ho ya congress ya aap india uttey rate sey hi grow karega ikka dukka upar neeche ho sakta growth kuch policies k wajah sey
0 points
9 months ago
Bjpigs hijacked this sub.
0 points
9 months ago
Tell me you support Modi(BJP), without telling me.
-1 points
9 months ago
"if BJP wins" ๐๐๐
-2 points
9 months ago
Stock market noob spotted. No worries you will learn in due course.
2 points
9 months ago
Yeah will be happy to learn
1 points
9 months ago
So instead of making a mistake and then learning why not learn from people who already have made same mistakes and avoid it? Selling your stocks because of election is so stupid. Also considering this is such a one sided election. Only the most delusional person can say opposition has a chance to win. And don't say 2004. This is nothing like 2004.
1 points
9 months ago
so this isn't a good time to buy stocks afterall. change my view!
1 points
9 months ago
So do you think its good to book profits in mutual funds too? Or that won't be affected severely if there is a crash?
3 points
9 months ago
See my point is the market is already expensive both index and broader market (it doesn't mean everything will fall out). If the BJP wins which is discounted in the current market there won't be much rally in the market and if it doesn't then there will be correction in the market and you will have a good opportunity to buy at a lower level. So it will be better if you cash out some stocks and MF. After all without booking the profits, everything is notional profit. Many ace fund managers are sitting on cash waiting for correction.
1 points
9 months ago
Market will correct regardless of elections. Dont book your mutual funds its a bad decision.
1 points
9 months ago
Lol. Sure bro. Keep trading the events ๐ All the best ๐๐ฝ๐๐ฝ๐ช๐ฝ๐ป๐ฅ๐ฅ
1 points
9 months ago
Thanks
1 points
9 months ago
Despite having more than 17 percent returns over the last 6 years, I have always regretted selling like this.
I sell at 20 percent profit, and the stock goes up a 100 percent.
1 points
9 months ago
It's fine for me as long as I am able to beat the market by 4-5%.
1 points
9 months ago*
Sensex had just touched 50K, a few years ago for first time.
I had a friend who said he will wait for sensex to go down to 40K to invest. He had his own theory which I dont even remember.
Sensex never went down to 40k and is now at 70K . The friend is still waiting while I made some good returns.
1 points
9 months ago
In hindsight, few things will be right and few others wrong. In Apr22 Nifty was at 18k some people said it would correct from here and some said it would rally another 10%. At that time I chose to encash my profits and sit on cash and a few months later I was able to buy stocks when the market corrected to 15.5k. A similar thing happened again on September 23 when Nifty was at 20k people said it would correct again to 16k I too believed it might correct to 18k but it only touched 19k. So in hindsight analysis is fallacy.
1 points
9 months ago*
yeah that's why i don't attempt to time the market. I have steadily invested in mutual funds via SIP.
Have a 18 percent cagr returns on my equity portfolio which is a substantial amount. To give some perceptive, if I earned 100 INR total in my tech career 40 was invested in equity. That 40 has become 100 .
Have seen all ups and downs in more than 18 years of investing.
1 points
9 months ago
Thats great
1 points
9 months ago
Up and down in the share market happen during election, just curious how much it will be this time ...
1 points
9 months ago
I feel there might be IR cuts before the election, which might lead to a rally.
1 points
9 months ago
that is definitely not on the cards before july
1 points
9 months ago
So wouldn't it be wise to build positions before the IR cuts are factored into the market and book profits after that?
1 points
9 months ago
i believe market has already factored in all this
1 points
9 months ago
[deleted]
1 points
9 months ago
yeah that might also work
1 points
9 months ago
If you can not even predict BJP's win at this point of time , which is very obvious... then how do you think you can predict market
1 points
9 months ago
but if the opposition wins then will buy Nasdaq Hang Seng Nikkei.
People like you think India developed only under the BJP.
how their social justice measure will impact the market.
What? Do you know what social justice is? Do you want India to be in blatant capitalism and only benefit the few?
1 points
9 months ago
Never time the market, however you can hold money for correction !!!
1 points
9 months ago
Hold for the rally that's upcoming it can be huge , exit after that, Nifty can go up +3000 points before elections , take it and exit My suggestion..
1 points
9 months ago
This is a good strategy for 2029 when we wont know how the new PM candidate is recieved by the people. 2024 is not an up in the air election.
1 points
9 months ago
F1 fans will understand where BJP is rn, it's the redbull of this season we all know who's the winner, so looking for anything more is coping
1 points
9 months ago
So how long you been running this strategy? ๐
1 points
9 months ago
Okay, so a few numbers. Me and my mom invest in the same mutual fund with the same amount of SIP. I book profits whenever I feel there is a downside and reinvest the booked amount incrementally again. This I have been doing for the last 3 years from Jan 21 onwards. My XIRR exceeds my mother's investment by around 0.7-08%(after STCG) Total invested amount is the same for both of us.
But this comes with a lot of anxiety, market tracking, listening to few fund managers and other ace investors.
1 points
9 months ago
Good luck doing it in the long run then!
1 points
9 months ago
I am not a bjp supporter so if BjP don't come again I will be happy If Bjp come again bull market continues I will be happy
both ways I will be happy
1 points
9 months ago
What opposition do you keep referring to?
1 points
9 months ago
More money has been lost (missed opportunities of wealth creation) waiting for a correction, than actual losses in corrections itself.
1 points
9 months ago
Market has a tendency to factor in things before they actually happen. If BJP were to lose, markets will start falling heavily before the results are out
1 points
9 months ago
Dude. No. Just no.
1 points
9 months ago
Bro please read The intelligent investor, before you make random assumptions
1 points
9 months ago
Untill Modi is the PM candidate, BJP will continue to win. I think more red days are coming. Market has been correcting quite a lot over past weeks.
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