Opportunity identification
It starts with understanding the subject and how much homework you have done on the subject . Eureka comes only when one is serious about finding solution to the problem in hand .
For example if you are interested in investing NIFTY ETF .
So what is right opportunity lets us some some studies Nifty in detail since inception and then tries to map PE ratios , Price to Book ratio and then Dividend Yields etc as one of blogger below has done .
He will come to conclusion that best time to invest in Nifty ETF is when PE ratio is around 11 -13 , Price to Book around 1.9 to 2 and dividend yield is around 3% . If he does that probability of earning double digit returns is high and risk is low . That is opportunity identification
No how do you snatch this opportunity so that " You get termed as LUCKY" : well that is for next time ...
No comments:
Post a Comment