Thank you. You are right about the Fin sector. Not expecting miracles till inflation is not controlled and rates don’t come down (looks unlikely till end of this year).
Yes, I would like to trim the number of stocks in the portfolio but, as you said, won’t do it till there is a compelling reason to sell.
My patience with HDFC Life is running out, though.
Posts tagged Value Pickr
Reviving an old journey post retirement (12-04-2024)
Reviving an old journey post retirement (12-04-2024)
Thank you very much for your advice. I understand the basics of finance because of my interest in reading. I will look for YT resources on fundamental analysis.
Reviving an old journey post retirement (12-04-2024)
Don’t expect miracle soon Fin sector.
Till the underline fundamentals are deteriorate, dont sell, only for the satisfaction of the less number.
Reviving an old journey post retirement (12-04-2024)
Welcome back! I would like to supply with my humble opinion on the above.
Your current PF looks ok… for long term and try to cover sector wise, I mean buy good, valued stocks which are fundamentally strong and if you apply this filter, you may be able to trim some of the above.
Coming to your questions.
- How can I learn to evaluate a company and its balance sheet?
If you have a finance background, you may use screener and try to get insights. If you are not, then you may try to learn yourself by using YT videos which are plenty. If you are taking active investing as full-time career initial years should be spent on learning which is continuous process. Watch Global and Domestic economy news – Money Control subscription is enough to start with.
- How can I make informed decisions on when to invest in a company and when to get out? I have had a problem with this strategy as I have made decisions based on instinct so far and exited some real good investments at the wrong time and held on to some laggards like HDFC Life for many years.
This skill can only be achieved by close observation and learning only… Even experts may make mistakes.
- Will it be a good idea to pursue an online course on investing, and if yes, what would be the options.
NO need to invest in paid courses. attend courses which are free and well known
Reviving an old journey post retirement (12-04-2024)
Welcome back! I would like to supply with my humble opinion on the above.
Your current PF looks ok… for long term and try to cover sector wise, I mean buy good, valued stocks which are fundamentally strong and if you apply this filter, you may be able to trim some of the above.
Coming to your questions.
- How can I learn to evaluate a company and its balance sheet?
If you have a finance background, you may use screener and try to get insights. If you are not, then you may try to learn yourself by using YT videos which are plenty. If you are taking active investing as full-time career initial years should be spent on learning which is continuous process. Watch Global and Domestic economy news – Money Control subscription is enough to start with.
- How can I make informed decisions on when to invest in a company and when to get out? I have had a problem with this strategy as I have made decisions based on instinct so far and exited some real good investments at the wrong time and held on to some laggards like HDFC Life for many years.
This skill can only be achieved by close observation and learning only… Even experts may make mistakes.
- Will it be a good idea to pursue an online course on investing, and if yes, what would be the options.
NO need to invest in paid courses. attend courses which are free and well known
Delta Corp – A huge but risky opportunity (12-04-2024)
New Government will have some clarity I expect… Since there is no much competition any positive move will bring up this business on fast track…
Delta Corp – A huge but risky opportunity (12-04-2024)
New Government will have some clarity I expect… Since there is no much competition any positive move will bring up this business on fast track…
Reviving an old journey post retirement (12-04-2024)
To give an idea of my strategy so far, I am mentioning my core portfolio for your advice and evaluation
ITC: average price 180, holding since 2020
ICICI Bank: average price 700, holding since 2021-22
RIL, average price 2100, holding since 2021-22
L&T, average price 2200, holding since 2021-22
SBI, average price 543, holding since 2021-22
IDFC First Bank, avg 55, since 21-22
TCS, avg 3400, since 2023
Zomato, avg 55, since 2022
United Spirits, average price 670, since 2021-22
HDFC Life, average price, 590, since 2021
Sun Pharma, average price 675, since 2021
M&M, average 1230, since 2022
Tata Consumer Services, avg 522, since 2021
Tata Power, avg 217, since 2022
Titan, avg 2340, since 2021-22
Tata Motors DVR, avg 332, since 2022.
Action Construction, avg 500, since 2022-23.
HDFC Bank, average 1550, since 2022-23
Va Tech Wabag, average 350, since 2022
Poonawalla Fin, avg 305, since 2022.
HCL Tech, Average 1070, since 2021.
I am thinking of paring this down to 15 stocks but am unable to decide what to sell. I am aware of the bias towards Banks and Financials but I believe they are the best stocks to participate in the growth story. Also, I am waiting for one cycle of an upmove in this sector since it has underperformed in the recent past.
Apart from the core portfolio, I am also building a second portfolio that comprises mostly small and midcap stocks. It is work in progress with lots of tracking positions which I would like to trim this year. I will post the second portfolio soon for your advice and evaluation.
Thank you very much and look forward to advice and evaluation.
Reviving an old journey post retirement (12-04-2024)
To give an idea of my strategy so far, I am mentioning my core portfolio for your advice and evaluation
ITC: average price 180, holding since 2020
ICICI Bank: average price 700, holding since 2021-22
RIL, average price 2100, holding since 2021-22
L&T, average price 2200, holding since 2021-22
SBI, average price 543, holding since 2021-22
IDFC First Bank, avg 55, since 21-22
TCS, avg 3400, since 2023
Zomato, avg 55, since 2022
United Spirits, average price 670, since 2021-22
HDFC Life, average price, 590, since 2021
Sun Pharma, average price 675, since 2021
M&M, average 1230, since 2022
Tata Consumer Services, avg 522, since 2021
Tata Power, avg 217, since 2022
Titan, avg 2340, since 2021-22
Tata Motors DVR, avg 332, since 2022.
Action Construction, avg 500, since 2022-23.
HDFC Bank, average 1550, since 2022-23
Va Tech Wabag, average 350, since 2022
Poonawalla Fin, avg 305, since 2022.
HCL Tech, Average 1070, since 2021.
I am thinking of paring this down to 15 stocks but am unable to decide what to sell. I am aware of the bias towards Banks and Financials but I believe they are the best stocks to participate in the growth story. Also, I am waiting for one cycle of an upmove in this sector since it has underperformed in the recent past.
Apart from the core portfolio, I am also building a second portfolio that comprises mostly small and midcap stocks. It is work in progress with lots of tracking positions which I would like to trim this year. I will post the second portfolio soon for your advice and evaluation.
Thank you very much and look forward to advice and evaluation.
Reviving an old journey post retirement (12-04-2024)
Greetings to all board members. I have been following the forum for many years but am posting for the first time. I am a writer with around 25 years of experience in many media organisations. Past year, I decided to quit my job and start my journey as an investor.
I am a typical retail investor who has been making small, small buys in the market for many years. One of my earliest investments was in the HDFC Bank through IPO (was a student then). But I stopped the investment journey during my working days.
During the COVID lockdown, I restarted my journey in the stock markets and built a small portfolio through stocks and mutual funds.
Till a year ago, my investment philosophy was simple: invest primarily in Nifty 50 companies and forget. With some investments I got lucky and with some I didn’t. The returns have more or less been in line with the index.
Now I wish to invest more and create wealth for myself and my children. I am ready even to take some risks. My goal is to manage a 7-figure portfolio by the end of FY 26. For this, I am trying to liquidate some of my investments in real estate and invest the proceeds in a staggered manner.
My questions for the honorable and wise members of the forum are these:
- How can I learn to evaluate a company and its balance sheet?
- How can I make informed decisions on when to invest in a company and when to get out? I have had a problem with this strategy as I have made decisions based on instinct so far and exited some real good investments at the wrong time and held on to some laggards like HDFC Life for many years.
- Will it be a good idea to pursue an online course on investing, and if yes, what would be the options.
Will be grateful for advice.