Hi, Im a recent graduate and recently started investing in stock Market about 6 weeks back. I have allocated 70% of my capital for long-term value investing and the remaining 30% for short term. Most of my short term bets are based on my long term stocks which i hold.I got to know about value investing through my sisters friend. he has said zf steering at 280 and within a couple of months it went to 350s. This is was my first stock i picked up and thus in time i found this wonderful forum.
Initially i have been investing blindly on tips but now looking at fundamentals and management with serious outlook. most shares i bought were through the net but some shares through my dad and some through a couple friends.
My shares - ( Avg price ) ( cmp ) (approx %)
AVT Natural - 47 54 6%
Basant Argo - 6 10.50 0.5%
Capital first - 241 333 9%
Capri Global - 175 185 2%
Coral India Fin - 34 35 1.5%
DataMatics - 57 86 12 %
Fe India - 13 15 2%
Flex Foods -70 88 2%
Gati - - 123 190 9%
Hexaware tech - 175 178 7%
IFGL refactories - 157 210 5%
Jai Balaji Industries - 28 20 11%
JayBharat Maruti - 109 130 4%
Kitex Garments - 336 377 1%
Marksans Pharma - 33 60 1%
MM forging - 224 474 0.5 %
Mold tek Packaging - 97 170 5 %
Morepen labs - 5 12 2%
Paper Products - 164 188 1.5 %
Patel Logistics - 39 44 7%
Polyplex corp - 244 308 2%
PTC India FIN - 44 45 3%
RS Software - 386 741 5.5%
Texmo pipes - 15.50 19 2 %
Vinyl chemicals - 44 51 3%
Zf steering - 396 530 3%
guys can you advice me on this. My dad keeps insisting i shouldnt have more then 5-9 stocks in portfolio, but i disagree, Im sure back in the day it was better to 4-5 good stocks, but now with his bull run i feel its better to have more stocks in your portfolio.
Also jay balaji industries has given me a beating after this coal block. I had already sold 25% of my shares at 17rs but still it covers 11% of my over all portfolio. What should i do?
Look at store one India retail. The fundamentals look fantastic. Im thinking of buying. Whats your view.
Im a newbie, I dont know if its beginners luck on a nice bull run, so far im enjoying the Market. Any guidance / advice’s or constructive criticism would be highly appreciated
Regards,
Pranab