I have recently suffered heavy loss, around three lakh rupees, in my stock investment due to some extraordinary extraneous reasons which are not at all related to my methodology of investment. The reasons can be attributed to the government's delay in payment of my salary and some familial financial compulsions. But, I don't want to blame anyone for my loss.
After meeting my financial obligations by selling stocks, I am now left with only three companies in my portfolio. Those are
1. TATA Motors
2. IRB Infra
3. TATA Global
And my total investment in these three stocks is around four lakh rupees. But these stocks fell heavily after my buying. Of course, some form of cynicism is prevalent in the market at present. Such a situation is quite common during an election year. Someway, I am at present experiencing some disdain towards the stock investment. Though the stock valuations are attractive, I don't want to go for stocks. I don't want to touch any stocks in the foreseeable future. But, I have to keep the three companies for a considerable time in my portfolio. I think it's the right time to go for mutual funds. So, I am now eagerly searching for the best performing funds which can give me good returns without inflicting much pain. I want to know what your take on investments. Don't forget to tweet your views. Bye!