One of my friends in Chandigarh put his spare Rs.1 lac in Tata Motors on Dec12'08 (645 shares @ 155/-).
He sold these 645 shares for Rs.5 lacs on 30th Jan'10 (@777)(all tax free).
He is planning to reward himself by spending 1 lac on self & invest 4 lac back in 4 stocks for next 1-2 years!
The shocking part is that he is a dentist and knows NOTHING about nuances of stock trading!!!
No comments:
Post a Comment