This is the 3 rd part of this series so if you are a new reader then please read it from first part here is the link of 1 st part of this story:-
On 28.04.2013
Chandu read my 3rd stock recommendation National Plastics ltd @ 8.75 So he invest his next 5000 Indian rupee in national plastic ltd and buy 571 stocks of national plastic ltd and pay INR 50 as brokerage so his investment amount is 4996 (571*8.75)+50=5046
You may read this National plastic recommendation here:-
In last 1.5 month Chandu buy these 3 stocks on my recommendations and he is a strict follower of my method so he not invest more then 5000 in a stock at a time and minimum hold a stock for 1 year because he want to get tax free long term capital gain.
So as on 28.04.13 Chandu portfolio is:-
1. BLB Ltd 1672 Share Buying price 2.99 ( Investment with brokerage 5050)
2. Manali Petro Ltd 554 share buying price 9.02 ( Investment with brokerage 5047)
3.National plastic ltd 571 share buying price 8.75 ( Investment with brokerage 5046)
Total investment from 17 March 2013 to 28 Apr 2013 ;- 15143
On 19.05.2013
Chandu read my 4 th stock recommendation Vinyl Chemical Ltd @ 9. So he invest his next 5000 Indian rupee in Vinyl Chemical Ltd and buy 524 stocks of Vinyl Chemical Ltd and pay INR 50 as brokerage so his investment amount is 5004 (524*9.55)+50=5054
Here I use price 9.55 instead of my recommendation price 9 because 19.05.13 is a sunday and next day closing price of vinyl is 9.55 so as my rule of honesty I use 9.55 instead of 9.00
You may read this Vinyl Chemical Ltd recommendation here:-
So as on 19.05.13 Chandu portfolio is:-
1. BLB Ltd 1672 Share Buying price 2.99 ( Investment with brokerage 5050)
2. Manali Petro Ltd 554 share buying price 9.02 ( Investment with brokerage 5047)
3.National plastic ltd 571 share buying price 8.75 ( Investment with brokerage 5046)
4.Vinyl Chemical Ltd 524 share buying price 9.55 ( Investment with brokerage 5054)
Total investment from 17 March 2013 to 28 Apr 2013 ;- 20197
Now Ask some question from you:-
Have you patience to make a portfolio like Chandu ?
Are you wait one year to book a profit?
Are your stocks give dividends in your holding period?
Read next part of this story here