POSTED BY December 2, 2011 1:51 pm COMMENTS (18)ON
I have about 1 lakh rupees spare cash which I wish to invest in stocks for a very long term. Could anyone please help me what are the parameters I need to look for while choosing a stock? How do I know whether the price of the stock is a good price to buy or overpriced? How do I diversify and allocate in the various stock sectors?
Lastly, anyone with any pointers on good large-cap stocks to hold on to long term? A few that come into my mind are Reliance, ONGC, Infosys, BHEL, Hero Motors, Hindalco, etc.
Please tell me how to decide on whether a stock is good to hold for long term or not? I wish to hold not more than 20 stocks in my portfolio, so that I can keep an eye on them and manage things better.