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Moneycontrol.com >> Message Board >> View Messages >> Reliance
   You are here :     Moneycontrol     MMB    Stocks      Reliance                         Most active discussions of 2006 , 2007 & 2008
IF I HAD ..... (25)   30-Jun-08 13:56Tracked by (0)  
Posted by:   shri57 on ( 30-Jun-08 13:56 )
Price : BSE: Rs 2144.00 ( -1.74 % ), NSE: Rs. 2141.00 ( -1.91 % )
30th June,‘08

If I had started a RIL Rs10000 pm SIP in Jan ’05 –

I would have got 396 RIL shares by May’08 end of market value of Rs989550/- at total cost of Rs411300/-. A neat profit of Rs578250/-
Alternatively,
If I had sold half of my shares in mid of Aug’06 I would have recovered 145000/- of my investment. (of course I would have continued my SIP !).
If I had sold off half of my shares I would have recovered Rs344000/- of my investment and I would have 118 shares totally free plus Rs138500/- in my pocket!!
By May’08 I would have 145 shares totally free of cost and I would have Rs77500/-in my pocket for further SIP investment.

Now I am totally converted to SIP.
No more watching CNBC for me, no more reading messages on moneycontrol messageboard , no more Bollinger bands, MACD, RSI or SOT! No more heart burns when market falls when I buy a share or a market rise after I sell ! ( A very common occurrence , you will agree !)
Just a lot of time on hand to pursue my other interests !


HAPPY INVESTING!!

CROREPATI BHAV!!
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