StockSalad: Its a Salad of stocks and Mutual Funds!

Today's generation like me want their investment to grow in multiple folds in just days not in years, and they are right to some extent because that's the way Dalal or Wall street is reacting these days. But I am trying to keep a balance between long term and short term investments. My short term investments are generally triggered by stock price history and company's exposure to the latest news on economic situations where as my long term investments are the business which I understand, companies with strong market capital and the necessacity of the business in the economy. I like Warren Buffet's vision and concept of long term investment. Here is one of the speech Warren Buffet delivered to MBA folks... My decision of having a balanced portfolio (I call it as my StockSalad, the tasty one) keeps me busy in day to day involvement in the stock market and keeps me away from regrets of not being in the market from long term perspective.

Initially my dad was not much convinced with the fact that I should put money into stocks as an investment. I did convince him with some examples of good moves and good returns from stock market. So Dad gave me good advice which I havent yet followed but will do soon. He said "If you are not sure when you are selling your stock holdings at a price which is going to go up or down, Take out your principal amount and just keep your profits in the Market". Which means less chances of total loss on due course of time as no one can predict the Market and more chances of large profit as you did your home-work before buying the stock. I like the idea of keep rolling the principal amount as you do home-work from one stock to another and keep leaving the profit in the Market for each of your stock. In long run it will give good return and you will never regret and use "If I would not have" or "If I would have" sold this one :) This means I will always be in the Ma...

I sold Tenet Healthcare Corporation (THC) at $3.05...finally out with 22% profit...and looking again to buy it at reasonable price!

Based on my technical analysis of IFCI and JaiPrakash Hydro-Power, I chose IFCI and bought it at Rs 47, with Target price of Rs 55 in next 10-15 days as 2009 Budget sentiments get settled.

I finally sold two of my favorite stocks last week i.e. JaiPrakash Hydro Power at Rs 95 and IFCI at Rs 56 and booked 41% and 93% profit. Current Price (Jul-6th) JaiPrakash Hydro Power: Rs 84.65 IFCI: Rs 48.9 I am doing research to go for these again or look for some other stocks....research is in progress