Ask anybody. He will give you good buy call. Good fundamentals, buy. Good history, buy. Turnaround, buy. Good prospectus, buy. Good management, buy the Share.
But how to decide when to sell?
Its difficult to decide.
Reading Peter Lynch. In his one of the best book, one upon wall street, he give best advice, SELL BEFORE INTEREST RATE INCREASE. Its true that interest rates have negative impact on Equity in both ways. It affects the profits and affect the EPS. On the other hand, higher interest rates help to increase rate of return on Fixed deposit, which is one of the basic part of banks funds.
But how to predict? There is no way.
That’s why I realised Warren Buffett and his business Tenets are working every time.
BUY RIGHT, SIT TIGHT.