2006-12-22 22:41:48 · 7 answers · asked by nil 1 in Business & Finance ➔ Investing
If you had stocked up in May you would have. I did and I did.
2006-12-22 23:49:07 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes I have made money in the Indian stock market, the fact is I have made only money never lost. The peak came when an investment of just 18000 grew to 204000 in six months, but the broker short sold my portfolio and I could make only around 38000, still I didn't loose. Then I stopped investing in Indian market knowing the mind set of Indian brokers and later I made some small investments which gave me heartaches but never lost ultimately. I decided to stop investing in India due to lack of transparency and openess among investing middlemen and the agents and I continue the policy though I study the stock market once in a while as a hobby. Indian markets are good so long as you don't worry about loosing money or you just invest in blue chips for long term. Every five years to ten years you will get a wind fall.
2006-12-23 03:47:14 · answer #2 · answered by Mathew C 5 · 0⤊ 0⤋
Yes.. there are lots, who do.. but it takes conscious planning.. if u care here are the rules:
1. Invest only surlplus money and forget the same for a couple of years.
2. dont look for quick bucks out of hot tips.. bet steer clear of ho tips or hot stocks.
3. if u are not equipped to pick out stocks..invest in mutual funds they are better deal and u leave the headache to the fund manager.
4.diversify but dont overdo it.. i.e spread over risks based stocks,, to less risky ones to secured investment options.
5.wait and watch..
key: money grows when it is given time to grow..
all the best..
2006-12-22 22:53:39 · answer #3 · answered by howiwishicould 2 · 0⤊ 0⤋
yes udayashanker
exmp: invested ITC, 100 shares, 75000rs in 1994 and sold 3000 shares in 2006 @ 201rs
( original 10rs share 100+100 bonus=200 + 100 bonus=300 x 10(stock split). just count profit
2006-12-25 02:57:14 · answer #4 · answered by udayashanker k 3 · 0⤊ 0⤋
Yes, I have.
Past five years have yielded me an IRR of about 33%. My investment has grown around 4-5 times during that time period. Please check the links to my blog.
My method is to invest in companies with good track record and impeccable management credibility. Besides, I have tried to follow Warren Buffett's advice that he disseminates through his letters like looking for companies with high ROE, great competitive advantage etc.
2006-12-23 01:27:53 · answer #5 · answered by seshadrinath 2 · 0⤊ 0⤋
yeah harsha mehta..... may his SOUL rest in peace... ;) now his wife rest with others
2006-12-22 22:44:02 · answer #6 · answered by anand 4 · 0⤊ 0⤋
NO
2006-12-22 22:42:30 · answer #7 · answered by Anonymous · 0⤊ 0⤋