Would you be interested in learning how to read charts if I teach you free of cost?

@Nomad7 you already know it. 🙄

@SimplyLogicalDiscipline I've known you for a while and you should really consider fundamentals. It combines good returns with low risk. Technicals leads to trading, it's higher risk and transaction costs are also quite high, not to mention ST capital gains

@Nomad7 but CNC is expensive right.

@Nomad7 and I don't trust these Indian companies 😁

@SimplyLogicalDiscipline The market P/E for all world markets are high, but fundamental analysis can help you identify small companies which are cheap, irrespective of what the market valuation is. I bought DCB Bank, Balmer Lawrie and Welspun Corp, based on fundamentals, the latter two increased by 40 and 46% respectively, all while Sensex fell by around 2% since Jan.

@Nomad7 what made you buy dcb 🤔 I have an account with them but never used it. Don't you think it's easy to manipulate penny stocks?

@SimplyLogicalDiscipline That's exactly why I bought it. It's out of the public's eye, but it's earning 10 bucks a share since 3 years and 8 and 7 in the two years before these last 3 years and it has a price of just around 100 a share. Also, it's not a penny stock, it has market cap of 3000 crores +. And a few brokerages have also given a target in line with what my valuation is- approx 130-140...

@SimplyLogicalDiscipline See, I like to combine soundness with good profits. I'd rather be 90% sure I'm going to make 20-40% on my investments than chase those ridiculous 1000% returns which some so called "skilled" investors chase

@Nomad7 and PE is low compared to the banking Industry PE.

@SimplyLogicalDiscipline So, according to you, that should make you sell or buy?

@Nomad7 I am behind fun I guess in other words addition, but I understand the risk associated with it.

@Nomad7 obviously buy.

@SimplyLogicalDiscipline We finally agree on something 😏

@Nomad7 even my friend who is a fund manager tells me to get into fundamentals but never tried teaching , as if it's rocket science 😂

@SimplyLogicalDiscipline It's simpler than you can imagine. Fundamentals is a start. Obviously, if it was the golden path to making loads of money, everyone who knew even a bit about it would be a millionaire.
I suggest you learn a bit more about corporate finance

@Nomad7 I will for Sure. Money is not the motivation, I would like to be so good that I can teach others, you know about our country, I don't like it when I see so many people struggling to make ends meet.

@SimplyLogicalDiscipline I read your profile intro. You seem like a spiritual person, kind and no-drama 😌

But there are poor people all over the world, not just in our country. It's a battle for survival. And what's more- if you make a lot of money, you can donate more to help them.

I personally know I can, with enough effort, make a 30% portfolio return year after year. If I do this for 30 years and start with say, 1 crore, I'll have 2000+ crores. Yes, I'll be able to buy a few houses and a few cars and be able to afford a few vacations a year, but what am I going to do with so much money?

I want to help old age homes, orphanages and AIDS and Cancer patients in our country. So it doesn't have to be a bad thing

@Nomad7 teaching is the best gift, our education system never teaches anything about financial management, I took science as a major because I used to think commerce is for dumb people. 🤣

@SimplyLogicalDiscipline I thought you were in HR

@Nomad7 yes I am, changed stream in pg.