Market Crash A Golden Chance to make Solid portfolio for next 10 years via SIP or Direct Equity

Market has crashed and even go down further. Almost all portfolios are bleeding. This is very painful to all but specially to those who are in need of cash immediately or soon. But for those who have 10 year or more time on their side need not to panic. They can use this down side in market to make long term Solid portfolio through mutual funds SIP or Direct equity if they have required knowledge. Starting point of this crash has been introduction of LTCG TAX in budget by useless advisors of Govt. Crude is another spoiler. If you want to save for your long term future which is away 10 years or more, you can not only hold on your portfolio of goods stocks but you can slowly accumulate Blue chip at bargain prices or go for SIP of mutual funds. Just for discussion, no recommendation.

 

In my view SIP is good , if it continue for Long Term in good growth oriented Mutual funds or Direct Investments in Equity

In 2008 Market crash is basically Global problem like Layman Brothers issue mainly and domestic problem like market high valuation zone is another issue and also liquidity crises like Rel Power issue time is also another issue .....

after 10 years present situation is major problem is at Global and domestic issues in equal force

International Issues :

1.Dollar strength
2. Fed Interest Rate Hike possibility before December 2018
3.Emerging Markets currency Weakening
4.USA - China Trade War
5. Crude Oil Price Hike above 85 US dollars
6.Iran sanctions start from November 4 th 2018
7.November onwards Crude prices may reach 90 US Dollars above

Indian Issues :

1.Rupee Weakening reached Rs. 73.77
2.Crude reached 85 US Dollars
3.Revenue deficit Increasing
4.Trade Deficit Increasing
5.IL&FS Issue
6.Liquidity Crisis in Bond market
7.RBI RATE HIKE CHANCE IN next 2 months
8.RBI revised GDP Growth rate to 7.4 for next fiscal year 2019
9.November State Elections results
10.Mainly India may face Sanctions from USA in November 15 th due to
Oil imports from IRAN AND RUSSIAN DEFENSE DEALS
11.Next Year 2019 may Loksabha elections
12. Banks and NBFC s are in weak position
these are all factors analyzing is most vital

ALL THE BEST

 

100% agreed

100% Agreed

 

I bought some blue chips stocks like L&T Fin, Minda Corp, Jamna Auto, Rane Holdings. These are v. good stocks for long-term holding IMHO

 

Friends kindly suggest some good quality stocks which we can start accumulating slowly

 

@sroutaji
your stock selection fully linked with AUTO stocks , in crude oil prices rally ...auto stocks butchered ...so please diversify your portfolio sir ....

 

Market is crashing and portfolios are bleeding. But at the same time I am slowly picking non financial blue chips(as my present portfolio is already over weight in financial and I am selling none except already sold DHFL) ) which will become more attractive at every further decline. No doubt market may correct more and more attractive blue chips will become. Best thing about averaging down Solid Blue chips is that majority of them generally make new life time high every few years. So risk of averaging down is low in Blue chips as compare to small and mid caps. So I shall keep on accumulating them for next Bull Run ,never forget that Market in short term is voting machine (run on sentiments which are bad now) but is weighing machine in long term(Indian companies may continue to do well in long term)

 

MY NIFTY SPOT WEEKLY CHART ANALYSIS ..... FOR EDUCATION PURPOSE
CLICK ON ATTACHED IMAGE FILE WITH THIS POST FOR FULL IMAGE

 

Dow also reached Mount Everest and creating Jitters is indicating not normal and If next week also dow fall and break 23000,i think 3 black crows pattern , it is a Big Bear Candlestick pattern may form in weekly chart Dow index .... After that Dow may enter into Bear Market

 

Well said.