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My Monthly Portfolio Report – December 2016

Discussion in 'Portfolio Updates' started by shabbir, Dec 1, 2016.

  1. shabbir

    shabbir Administrator Staff Member

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    Stocks and mutual funds added in Nov 2016 to my portfolio and plans for Dec 2016 with detail analysis of why I invested in Ashok Leyland and why auto sector can be the next market leader.

    Continue reading...
     
    shabbir, Dec 1, 2016
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  2. ugowris

    ugowris New Member

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    Hi Shabbir I am holding Ashok Leyland @ 86 as well let me know which is the best price to average?
     
    ugowris, Dec 20, 2016
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  3. shabbir

    shabbir Administrator Staff Member

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    I don't like averaging for the sake of it but if you have purchased less and want to add more, you should do that at 75ish and then at 65ish if it goes there.
     
    shabbir, Dec 21, 2016
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  4. bhat64

    bhat64 Apprentice

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    Shabbir, In some forums and books I read they said averaging down is not what the professionals do they actually average up...can you provide clarity on this statement.


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    bhat64, Dec 21, 2016
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  5. shabbir

    shabbir Administrator Staff Member

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    Very true. Has explained it in the article here - http://shabbir.in/average-down-falling-stock/

    You possibly have noted that very seldom I average down stock in my portfolio and recently instead of averaging down Pidilite, I preferred investing in Zydus Wellness. http://www.diytechnicalanalysis.com/community/threads/16-december-2016.2453/
     
    shabbir, Dec 21, 2016
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