Cashier ( Kotak Mahindra Bank ) | Posted on | Share-Market-Finance
What are your top 5 stock investment lessons?
Project Manager at The Economic Times | Posted on
One of the major lessons I have learnt in all these years is that people in India shy away from investing in stock markets. There could be numerous reasons for this practice in our country. But it becomes indignant when you learn that you have lost a lot of time keeping your money idle or investing elsewhere.
1. Don’t follow free tips blindly: Fortunately, we have an infinite source for getting tips for stock investment, which sometimes do really well, but not always. Invest some time in research because your money is at stake. None other than you could take right decision for growing your money.
2. Research: Before investing in any stock, Research. Keep yourself updated about news and upcoming events. Keep yourself updated is way to smell the news even before it happens. Stay on top of the news to make wise decision.
3. Stock investing is not tricky as you think: It’s not that tricky, it’s just that you need to understand and be consistent. At the same time, never ever go over confident. Discipline and vigilant investor wins the game.
4. Conviction is the key: As I mentioned above, research. That’s the key. Your research and some experience will soon make you a game player. Then play with your utmost conviction.
5. You can’t go lucky all the time: Stock investment are subject to market risks. You might witness UPs and LOWs. Never lose heart when you are not earning, you will gain.
Disclaimer: Piece shared above is my based on my experience, I do not recommend anybody to follow them. Changes of making margin/loss would purely be based on your discretion only.
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student | Posted on
Choose direct mutual funds instead of going through broker(Mutual fund advisors ) . It will help you save crores of money in long term. Mutual fund agents commission will be approx 0.5% to 3% of your investment.
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