More debt will cool down your portfolio

When equities are making money, it is a tough call to book profits

Joydeep Ghosh 

Equity investing is exciting, especially when the stock markets are on a roll. And, it is a rather difficult task to sell stocks or equity mutual funds (MFs) when these are rising consistently.   Rajesh Chand, a Kolkata-based businessman, recalls his close call in the stock market. In January 2006, when Aban Offshore was trading at around Rs 580 per share, his father gifted him 200 shares of the company. The stock was on fire and continued rising for the next two years, and hit Rs 5,000 in two years. Chand’s father started tell him to exit when the stock price hit Rs 4,000 per ...

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More debt will cool down your portfolio

When equities are making money, it is a tough call to book profits

When equities are making money, it is a tough call to book profits Equity investing is exciting, especially when the stock markets are on a roll. And, it is a rather difficult task to sell stocks or equity mutual funds (MFs) when these are rising consistently.   Rajesh Chand, a Kolkata-based businessman, recalls his close call in the stock market. In January 2006, when Aban Offshore was trading at around Rs 580 per share, his father gifted him 200 shares of the company. The stock was on fire and continued rising for the next two years, and hit Rs 5,000 in two years. Chand’s father started tell him to exit when the stock price hit Rs 4,000 per ... image
Business Standard
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