Are you a long Term Investor ?

Long term investors need not have to worry about the volatility. Forget about the channel experts about their opinion. You may forget about twitter or YouTube experts. All you have to ask is just 5 questions before making a concrete purchase for long term investments:

1. Will the company be around for the next 5-10-15 years?

2. Is it a leadership company? Or at least a challenger to the leadership company?

3. Will the revenue and profit grow more in the next 5-10-15 years?

4. Is it trading at a reasonable price to initiate a buy?

5. Is the management trustworthy and working for the welfare of share holders?

If you answer yes to all these questions then you may dump your money and avoid looking at the stock price. You just don’t have to worry about the market gyrations. Of course all others may scratch their heads and look at the price and lose their valuable time and piece of mind. Unfortunately most (most=99.5%) investors want daily recommendations, daily money. You may decide and chose your own path. Everything depends on your mindset.
Enjoy the market, let’s update you as and when we get data.

Market Update:

As per provisional data, yesterday FII made a positive purchase for the first time in the current year. In fact, DII too opened up their purse. Nifty opened up in the green in the opening session but soon found resistance near its 21-DMA and slipped around 100 points from the day’s high. However, in the last hour, the index shot yo higher and reclaimed its 21-DMA. However, broader market underperformed. Interestingly, market penetrated through 100 DMA and 21 DMA indicating a positive sentiment for short term investors.