As an investor we should actually rejoice if the market crashes. It gives opportunity for us to add the stocks at good levels! So personally I would say “Let the hell loose” 🔥
Thanks. I have not been trading any stocks. Only been into long term investing. Current profit in absolute terms is more than 50% for the overall portfolio. If I sell, I don't need the fund for any other purpose. I will be putting into a liquid fund or so.
But if I don't sell and market crashes, that profit will evaporate. That is why this thought.
@Itachi_Uchiha@Desu Sarath
+1. I also want it to crash. Only thing is I am not sure if some of the stocks are quality stocks or not.
Specifically - SBI Card, APL Apollo, Astral, Protean, Emudhra, Affle, Route, and Tanla. About other stocks I am pretty much confident.
In that case, how about you sell your 50%. That way, you will not lose your money which you had spent. Now, you will be playing with only profits. I agree, it will make you or anyone mad if something goes wrong in the future
Example: SBI cards: Keep on loosing market share and profits keep on declining
where as other players in the same area are performing well like cards division of HDFC and ICICI.
In this case, check whether valuation you have and bought is justified or not, if not just exit and be safe.
Check for big fish entry/exist in this stock etc etc.