Offcourse, bajaj finance or mold-tek may go up in next 2 years, but when they do so, we will be watching them and we can re-enter when we see them rising. Selling stocks doesnt mean totally abandon them, never to touch them again in life. Crux of the point is investing capital in those stocks who are in growing stage instead of investing in those who are not moving or going down. And I fully subscribe to hold for long period. If a stock is rising for next 3 years straight, without going into consolidation or downtrend, then definitely hold that stock for 3-5 years. Why interrupt the compounding? See Trent, from last 4 years in uptrend…u can hold it for last 4 years and you can keep holding for next 4 years too, if it doesnt go in downtrend…see APL apollo, you could have easily hold it during last 4 years, see varun beverages, u could have hold in last 4 years…KEI, Polycab same story…All these companies are fundamentally good as well as in uptrend. I have read 100 baggers and even Pulak prasad…I am all for long term holding, but those stocks which are increasing my capital, not those good companies whose price is going down or not moving… I dont want to become purely fundamental investor or purely technical investor…I wish to become fundamentally opportunistic investor.
Subscribe To Our Free Newsletter |