Even after such a big fall (as claimed by many), most of the stocks are still at higher (more than 15 percent) from what every value they were just one year before. So, what is wrong with an yearly return of 15 percent? It is never a bad idea to invest in stocks if people go for fundamentally sound companies on a long term basis.
RE:Unnecessary panic
by Srinivas on Mar 17, 2008 06:54 PM Permalink
You conveniently selected one good period. How about some body who got in a month back. How much time will it take fo him to get his money back ?
RE:Unnecessary panic
by Sunil Kumar on Mar 17, 2008 06:58 PM Permalink
my suggestion, keep buying moderately to bring down the weighted average price of holdings.
RE:Unnecessary panic
by Loan Shark on Mar 17, 2008 07:33 PM Permalink
average down is not always a good policy ... sell now, buy lower next month ... as FIIs start pulling away, the markets will fall further.
