I am looking at Tata Steel and Indian Hotels for investments during September. I follow the Value averaging method of investing. I already picked up some shares of Tata Steel today at 525 apiece. I really think it is available at a discount with minimal downside.
I really would like to pick up Indian Hotels, they had announced today to set up 50 new hotels under Gateway name. But I ran of money for this month since I picked up some piece of Reliance Communication which is also available at a great price with limited downside.
I am selling off some of the non-performing stocks to get the rupees to invest these good stocks. But I am confused if I should put in more money this month or should I wait for October. I think the markets will still be as volatile as now for the next 2-3 months so I should be able to pick them up at prices closer to what they are right now. Lets see!
RK
Click here For Singapore Rentals
Click here to find a date
Showing posts with label indian hotels. Show all posts
Showing posts with label indian hotels. Show all posts
Thursday, September 11, 2008
Investment opportunities for the month of September
Labels:
indian hotels,
invest,
stocks,
tata steel
Subscribe to:
Posts (Atom)