Are we investing in only low priced scrips? No way.
Here I am with another link
http://www.motilaloswal.com/stock-market-research/Wealth-Creation-Study.aspx
Keep lot of money aside until a big correction happens in the market. Our money management does it automatically for us. When the time arrives, we go hunting for brilliant stocks at the price what we intend to pay. When Nifty PE hovers around 15-16 we start our hunting.
This is the chart we refer when we see headlines in the newspapers such as "Market crashes", "Market in Bear Grip" etc..etc.
http://craytheon.com/charts/nifty_pe_ratio_pb_value_dividend_yield_chart.php
Hope my posts are really communicating what we intend to do in longer TF.
Here I am with another link
http://www.motilaloswal.com/stock-market-research/Wealth-Creation-Study.aspx
Keep lot of money aside until a big correction happens in the market. Our money management does it automatically for us. When the time arrives, we go hunting for brilliant stocks at the price what we intend to pay. When Nifty PE hovers around 15-16 we start our hunting.
This is the chart we refer when we see headlines in the newspapers such as "Market crashes", "Market in Bear Grip" etc..etc.
http://craytheon.com/charts/nifty_pe_ratio_pb_value_dividend_yield_chart.php
Hope my posts are really communicating what we intend to do in longer TF.