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Chief
Is stock market surging tomorrow?
Need referral for Zoom .
Conversation Starter
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Bowl Leader
How do you plan to care for yourself this week?
Hi Fishes,
Can someone tell me, In Genpact if they have updated re-hire status as No so what would be happen. Would be I eligible to rejoin again in future opportunity? However, I have resigned from Genpact on August 2022 so what would be the Gap duration boundaries for rejoin or duration of rejoin for exemployees?Genpact
Hi, I am being offered 27L + 2L Variable for Manager (M1) at KPMG India. Will I also be eligible for year end performance bonus? Or is variable pay the only amount that I’d be eligible for?
Am I being lowballed by the HR in terms of offer ? Approx 8yoe currently at 21LPA (recently promoted) KPMG KPMG India
Additional Posts in Stocks
Rising Star
Anyone else following Rocket Lab’s debut today?
$2k into XLV or VHT?
Why is the stock market bleeding today?
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Rising Star
80% VTSAX and chill
20% cash because when it’s not trash, it’s king
If you’re picking stocks you’re trading - it doesn’t matter the investment time frame. If you’re trading you need a process. There’s nothing wrong with trading, but you really can’t wing it. I trade and it’s a part time job.
Cash out, work out a process, and begin again.
Buy and hold forever is great for indexes but - as you’re learning - absolute murder for individual stocks.
Pro
Zoom should be fine but you bought the top. Just like a lot of people did in February with Tesla and growth stocks, and people will inevitably do with crypto and biotech/vaccine stocks. You’ll be fine but you’ll just need to wait until it grows into its valuation - this is how speculative growth stocks work.
And i don’t know about wish.
I echo the rest. You have not started investing yet. Buy some vti and hold it for at least 10 years and you will not be devastated
I think the biggest lesson to learn is not to buy stocks for long term investments at all time highs. Two options. 1) put your money into ETFs (some mentioned above) or 2) do proper due diligence on individual stocks and proper technical analysis, understanding the long term support and resistance zones and look to buy at support and possibly sell at resistance if you want to trade or just hold for longer term investments with high conviction stocks. People tend to see a stock that’s had good returns and invest in the top without doing their own analysis.
It's fun to imagine that your individually picked stock will double your money fast, but typically the stock that you've been made aware of has already made it's run. So if you chase you'll get burned.
It's human nature to see successes of others and think we could easily replicate. That's why people play the lottery. And why the stories of entrepreneurs finding success quickly are so compelling. In reality most playing the lottery are losers, and successful entrepreneurs fail most of the time.
To avoid that sick feeling, invest the majority in ETFs going forward. For any speculative stock pick, have a rule that you only but if you believe in it (i.e. would hold it even if it goes to zero). Decide whether you'd be ok if you lost the total investment. That approach has caused me to be more thoughtful in my speculative stock picking. Personally I hold the losers as a lesson/reminder, but that's probably not an optimal approach.
First time?
You gotta get out of that high risk stuff, man. Sure, you can 10x, but that's a rare case, not the rule.
I have a base strategy- Buy stocks take delivery and hold, work in midcap stocks as they have good momentum, do intraday on NIFTY FUT only