DLF Stock: A Long Journey After IPO
The chart shows the price of a well-known real estate stock from 2008 till today. After its IPO, the stock moved from around ₹400–₹500 to nearly ₹1,000–₹1,100.
Later, it fell very sharply to around ₹60–₹80. After that big fall, the price again moved up close to ₹950. But today, it is trading near ₹640. Even after almost 18 years, the stock has still not crossed its old high.
When Waiting Becomes Too Long
There are investors who bought this stock near ₹1,000 and decided they will not sell below that price. Even when the stock came close to ₹950, they did not sell. Now the price has again fallen back near ₹600. Their money has been stuck for many years. A large part of their capital is blocked, and they are still waiting for the same price after 18 years.
The Risk of Being Stubborn in Investing
One big lesson from this story is that being stubborn in investing can be very harmful. Many people believe that a stock must come back to their buying price. But there is no guarantee of this. Some price levels never come back, or they may take many years. Holding only because of ego or hope can lead to long-term loss.
Hidden Cost of Holding for Years
When money stays stuck in one stock for many years, we lose other chances. In 2008, the market index was near 6,000. Today, it is close to 26,000. If money was moved to better options, it could have grown well. By waiting only for one price, many good chances are missed.
Time Reduces the Value of Money
Even if someone sells today at the same price they bought 18 years ago, the real value of that money is much lower now. ₹1,000 today is not the same as ₹1,000 many years back. Time reduces buying power. This is why just breaking even after many years is also a loss.
Smart Exit Is Part of Smart Investing
Investors should always decide exit levels in advance. If a stock falls 20%, 30%, or 40%, there should be a clear plan to exit and review again with a fresh view. Putting too much money in one stock and believing it must rise is a risky move. Understanding behavior and controlling emotions is very important for long-term investing success.
