Hey Alchemist.. would it be wise to buy stocks in the coming week then? i'll be investing around 80K into stocks over the next week. What would you suggest me to do? wait? I should be getting my accounts by wednesday so i can start investing.

can please post ur analysis/projection for friday's close.

If you want to invest for the long-term, it would be better that you spread your buying over 1-2 months.

Also, as the global economic scenario stands uncertain, it would be better to avoid stocks of all companies that have majority revenues coming from exports.

e.g. IT sector.

Also, avoid companies producing commodities, whose prices depend on global demand like copper, crude oil etc.

(Cement is a commodity and yet its prices do not depend on global demand.)

Do not invest all your cash in stocks. Maintain 30% cash for unforeseen buying opportunities like market crash of last Tuesday.

__________________
Read All Rules Before Making Any Post | E-Investing on Google+

thank you alchemist for replying..