Hey All,
Well, its not just Crypto or an ICO [Initial Coin Offering] for me. I do invest in stocks via the Initial Public Offering aka IPO, which is a process by which a private company becomes a public company by offering its shares to the public for the first time. As reported in many of my blog post earlier investing in stocks have given me more than 100% returns by investing in blue chips companies stocks and HODLing them for a longer period of time can result in good amount of gain. Refer this post - where #BHEL stock had given me 500x returns - India Stock Market - Stock that gave me 500% Return in 3 Years - too good to be TRUE? check the post Here. So the point is should one invest in an IPO or not? In this blog post, I would be speaking for myself and my plans on the different IPOs that we have lined up here in the India Stock Market aka SENSEX.
Currently we have 6 IPO ongoing which is for Tata technologies, Gandhar Oil refinery, IREDA Indain Renewable Energy, FEDFINA Federal finance, ROCKINGDCE - Rockingdeals Circular Economy Limited, FLAIR which is Rockingdeals Circular Economy Limited. As seen from the above image I went ahead applying for 4 of them omitting FEDFINA and ROCKINGDCE. The two IPO status needs to be changed to applied though as I did apply recently. There is an added advantage if you TATA MOTORs share then there is likely chances that you may get one lot of shares which 30 shares of TATA Technologies..lets hope for the best that I get the lot applied for.
My strategy forwards is to build my stocks portfolio with quality stocks and most of the time I am leveraging the strategy of buying at the DIPs only and DCA dollar cost average. Here is the glimpse of my overall stock portfolio which is touch $2.5K+ mark and in terms of INR its Rs. 2lakhs at the moment.
I have invested into a varieties of businesses the major one being the consumers and staples followed by heavy weight industries. I am trying to make a balance here by not only investing in crypto and emerging projects. But at the same time investing in IPOs to take that benefit when the stocks get listed in the market at a premium if there is a lot of demand for that stocks in the market. With this moves it helps you to diversify your investment overall and if one markets tumble for whatsoever reason on the other hand you have the other markets funds available to take advantage and further DCA is required to move funds from one market to other. My plan ahead is to build my stock portfolio and keep adding quality stocks to the list and bring that number of investment to double i.e. $5K+ mark by the end of next year...lets see how consistent I am with my buying strategy at DIPs and until then will HODL the stocks and will only books profits where the returns are 100% or more... cheers
Do you invest in stocks IPO? Are you HOLDing Vs Selling ? Do you think investing in IPO is better than buying stocks when its being traded? Crypto Vs IPO? Would love to hear your thoughts around it in the comment box below? Cheers
#stock #stockmarket #bse #nse #nifty #bhel #indiastockmarket #financialmarkets #returns #crypto #ipo
Image Credits:: beincrypto, zerodha, kite app
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer
