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All of us are used to shopping for stuff by looking at the MRP tag. This helps us to identify whether we are getting a good deal or being ripped off. But can we do the same when we buy stocks? Buying or selling stocks at the wrong price can often lead to huge losses. So, how can we ensure that investing is more profitable and not a game of chance for us, retail investors? Is there a way to determine the actual worth of a stock – its MRP?
This is exactly what the guys at MoneyWorks4me have done. They have labeled not only all the stocks but also the benchmark Sensex with an MRP tag. This MRP is driven primarily by the earnings power of a company and hence gives you an indication of the fundamental worth of a stock. Thus, it gives investors the confidence to take sensible buy and sell decisions based on the actual worth of the stock and not just market sentiments. Outlook Profit magazine has published an article on this concept titled ‘The Right Price’. The article also gives you a few stocks that you should be buying or selling at this time. Here is a copy of the article.
Also, MoneyWorks4me.com have written a few blog posts on this concept on their blog Stock Shastra. You can read them here.
I edit Personal Finance Online Resources, deliver Financial Awareness Workshops and have built a desktop RupeeManager.
Invite me for a talk. Email me on ranjan@ranjanvarma.com or Call me on +919867755615
