Thanks for the explanation Pankaj! (seeking guidance of all Seniors)
Here is my thought process:
1). I am looking to build my portfolio over long term(3-4 years); for long term(>10 years).
2). I buy companies which I can follow, have good products/brand/goodwill, ethical management andabove all can survive with growth for the long term.
3). In such long period, any/all companies can face few bad quarters/years. If I sell for opportunity cost,how do i build my portfolio? Do I sell my HDFCBank seeing it gone nowhere while others have given 3X in last year.
4). If my goal is to get 20% return, my concern should be to study if my selected companies can deliver that over long termand not to keep churning my portfolio seeing another company growing at 40% for some time.
5). I am invested in Valuepickr stocks too and seen my 1 months investment give 2X in 4 months but that leaves me in adilemma and further buying is tough.
Am I being suicidal?