Tuesday, January 29, 2008

Wait and watch

All the self made 'Bulls' are turning 'Bears' now. Now everybody talking about US slow down and it's possible impact on world economy. There are large number of theories ( rumors ) floating in the market for the reasons for this steep fall and future course of market. I personally think most of them are mere rumors. Don't get panicked. But, It is NOT a good time to fully invested in the market. Keep atleast 40% of your Portfolio in Cash. If you intend to invest in ELSS of mutual funds for tax savings, I advice you to go for SIP and opt for Dividend Pay OUT option as your initial investments are locked for 3 years. In the February expect a pre-budget rally in select stocks and do participate in small quantities. Temporarily liquidity would be back after the refund of Reliance Power IPO. So till the end of January, Big Big NO to the market even if it ends higher after possible RBI rate cut.

Wait and watch advised.

Posted By R John Christy at 7:05 AM Labels:

0 comments:

Post a Comment

All comments are moderated. Please post no spam

Subscribe to: Post Comments (Atom)

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.
Information and opinions provided on this website (www.investchips.com) has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Investchips.com and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. Investchips.com,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. Investchips.com and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • www.investchips.com never collects any personal information of visitors.