Questions:
Hi, what is the difference between Long Term & Stock SIP here. If you keep doing SIP that will also become long term. Is the only difference that for Long term you have fully created the positions and in the SIP ones you are trying to buy at average price?. I say differentiate b/w the two by saying Fully invested + Building position.
Passive Income? Since you are actively trading swings, this is not passive income but active income. Passive income is something where you are holding high dividend paying stocks or getting royalty on a book or a song.
Since you mentioned don’t focus on the stock price, but focus on the business, do you mean that?
- Don’t focus on volatility in short term
- Buy at any price ( I think NOT )
Suggestions:
- It is better segregating by investment strategies or type of stocks. For example, consistent profit growth + Huge profit potential + Special Situations (merger demerger industry boom) + Undervalued Picks (PVT banks atm)
Cheers!
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