I have just started investing in the stock market and I want to start SIP, so which shares should I focus on? Should I focus on Diversification or should I invest in the top 20-30 stocks? What should I do? And how to find out if the stock is overvalued or not?
@Abdul Rehman Keeping in view your long term horizon, you can consider FABL, FFC, LUCK, MARI, MEBL, SYS and SAZEW. Portfolio of these stocks has consistently beaten index in long run. You can add MIIETF and MZNPETF as well.
@Aqeel Naveed It has taken advantage of Pending Refinery policy announcement but risk reward ratio is not attractive and not recommended for buying at current prices
Believe me Stock Market is still considered as like gambling in Pakistan🇵🇰, and majority still don't want to even go near this. Thanks to mentors like Laeeq, Syed Faraz & Ammar Bhai I came to this conclusion that out of all Investment Asset classes in Pakistan. PSX is by far the best in ROI, the only thing is that you need to learn first and then execute. Thanks to all members also who tries to help and explain every query put up in this community. 🙌