SHould I clear my portfolio now? Give me an answer quickly

zen

zen

Manager - Equity Analytics

Posts : 163
Equity Stars : 4909
Reputation : 7
Join date : 2011-07-30
Age : 36
Location : Colombo

https://i.servimg.com/u/f46/16/76/63/51/portfo16.jpg

Tiger

Tiger

Assistant Vice President - Equity Analytics

Posts : 700
Equity Stars : 5535
Reputation : 85
Join date : 2011-06-03
Location : Dubai

No, Invest more. Put couple of millions in to good counters.

Fresher

Fresher

Moderator

Posts : 1498
Equity Stars : 7519
Reputation : 163
Join date : 2011-02-04

wow! just 11%

Tiger

Tiger

Assistant Vice President - Equity Analytics

Posts : 700
Equity Stars : 5535
Reputation : 85
Join date : 2011-06-03
Location : Dubai

npp wrote: wow! just 11%

It looks like good achievement to earn a loss of only 11%.

I am at 3% overall loss. little better than you.

busenp

busenp

Equity Analytic

Posts : 21
Equity Stars : 4657
Reputation : 1
Join date : 2011-09-07

If you consider this as a "LOSS", you should not have entered thw market!

Sudarshen

Sudarshen

Manager - Equity Analytics

Posts : 126
Equity Stars : 4820
Reputation : 0
Join date : 2011-10-14

deleted wrote:If you consider this as a "LOSS", you should not have entered thw market!

Exactly !!

zen

zen

Manager - Equity Analytics

Posts : 163
Equity Stars : 4909
Reputation : 7
Join date : 2011-07-30
Age : 36
Location : Colombo

Thanks all. I didn't sell anything. I want money so that I can buy in december. These were bought in september coz I thought that the market would go up in november, Now I'm stuck.
This is better actually because two days ago the overall loss was 17%.

dilshan

dilshan

Senior Equity Analytic

Posts : 86
Equity Stars : 4966
Reputation : 3
Join date : 2011-03-20
Age : 40
Location : Colombo

~ Mine is 24%, tiz a great loss but hopefully the market will heal these pains. But if not it will create more wounds on me hurting me a lot. Coz I can get this down if I average my counters but almost all the wealth is trapped in the current PF so cannot do like that too.

Only good thing is left is to hold and wait.
But I must say we should exit at correct time and hold when it's really worth.
Coz I didn't exit when my loss was around 3% and ended up like this.

Market gives us nice lessons but the doubt is whether we will be there to apply those good things if market drops to hell.

But I believe this as a market there must be an uptrend just like today. ~

Rapaport

Rapaport

Assistant Vice President - Equity Analytics

Posts : 681
Equity Stars : 5741
Reputation : 55
Join date : 2011-02-01

Zen i think you should rotate your stocks or invest more to those with current and future PE of less than 10X. Your appreciation will be slow but will be for sure.

COMB, LFIN, RCL, SAMP, BFL, VONE, COCR, LOLC to name a few. Please research and invest!

Cheers!

Roboticfx

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7919
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Don't clear! Be patient and wait. You know the market is in a blood pool. At least wait until it turns white! Don't do a such thing! We all have stuck! this is not special only for you.

bakapandithaya

bakapandithaya

Vice President - Equity Analytics

Posts : 1447
Equity Stars : 7436
Reputation : 58
Join date : 2011-09-17

Dont panic to sell now. wait & see

mark

mark

Expert

Posts : 2677
Equity Stars : 9758
Reputation : 423
Join date : 2011-02-04
Age : 33
Location : Hell....

i wont tell to sell,hold or buy..

but to me..
1.long term trend down
2.no more multi bull runs
3.sme shares may never reach their peaks
4.market may stagnant
5.evryday BLUE,TESS,CLND,HVA,AAIC and other shits may perform
6.loss of confidence and transparency..etc

so il prefer cash in hand

this the way i thinks as per my knwledge and experience

Rajaraam

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6049
Reputation : 113
Join date : 2011-07-01

I personnaly feel( though we have so many negetive facts)market will touch 6500-6700 level during the next few weeks. So I think this is not the time to exit.This is my view only. Not to recomond buy/sell or hold.

manula

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6033
Reputation : 55
Join date : 2011-04-18
Location : Qatar

zen wrote:Thanks all. I didn't sell anything. I want money so that I can buy in december. These were bought in september coz I thought that the market would go up in november, Now I'm stuck.
This is better actually because two days ago the overall loss was 17%.

This is not a big loss compared to other many members. so better not to sell and if possible buy some more shares in this down trend but not for the credit. If you go for fundamentals will be winner in the long run. All the best Very Happy

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

SHould I clear my portfolio now? Give me an answer quickly

1 SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 12:17 pm

zen

2 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 12:25 pm

Tiger

3 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 12:42 pm

Fresher

4 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 12:55 pm

Tiger

5 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 1:34 pm

busenp

6 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 1:42 pm

Sudarshen

7 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 3:03 pm

zen

8 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 4:02 pm

dilshan

9 Re: SHould I clear my portfolio now? Give me an answer quickly Fri Nov 18, 2011 7:54 pm

Rapaport

10 Re: SHould I clear my portfolio now? Give me an answer quickly Sat Nov 19, 2011 8:17 am

Roboticfx

11 Re: SHould I clear my portfolio now? Give me an answer quickly Sat Nov 19, 2011 6:37 pm

bakapandithaya

12 Re: SHould I clear my portfolio now? Give me an answer quickly Sat Nov 19, 2011 7:00 pm

mark

13 Re: SHould I clear my portfolio now? Give me an answer quickly Sat Nov 19, 2011 8:35 pm

Rajaraam

14 Re: SHould I clear my portfolio now? Give me an answer quickly Sun Nov 20, 2011 1:13 pm

manula

15 Re: SHould I clear my portfolio now? Give me an answer quickly

Sponsored content

New topics