Lately, People have started giving attention to the Stock market because of the false or rather superficial rate of returns which are marketed throughout media sources. This is done only to attract a huge crowd of earning people and lure them into this money business. Majority of the people invest blindly and then get devastated on realizing what has happened to all their money.
Investing is a plan, not a product.
Let’s say you plan to invest in stock market. When you finalize on one piece of property, you also finalize factors like
- How much are you willing to pay?
- Would you buy the shares right now?
- What is the exit strategy (holding long term or sell in 6 months?)
- Does the investment fit in with your overall plan/goal?
- Get it now? You plan the investment.
- It took me a while to get this, but it is really empowering to understand this principle. It is wise to divide investing in 3 plans.
- Plan to be secure
- Plan to be comfortable
- Plan to be rich
Want to Know Earn money through Investing in India?
Just leave a missed call on Moneymindz.com India’s Best Financial Advisor 022-62116588 or Download Financial Freedom application and post to expert your Queries. Moneymindz.com offers Free, Unbiased and on-call financial advice on Investment Assistance for insurance, Loan Assistance Retirement, Planning, Money Management Investment, Advisor, Retirement Planning, Best Health Insurance and so on.
The good thing about stock markets is that, if you are right or wrong, you get to know instantly. There is only one rule, if you are making money you are right, if not – your are wrong. Unlike in other walks of life, where it takes quite a bit of time to know if you were wrong in taking a decision, you get to know almost always immediately in the markets.
For someone looking on how to invest money in share market, this may help.
Start with reading News channels, Editorials and do read the Business columns of Newspapers.
Apps such as, Financial Freedom give you a good ADVICE BY EXPERTS off the market scenario
Never follow the script suggestion of unheard companies which are provided on TV, they are mostly paid news.
When you think you have gained sufficient knowledge, try to experiment with a certain amount of money which you are not afraid to loose.
Take a note, I said to experiment and not to invest, once you gain any profits out of your experiment then think of investing with a small amount every month.
Initially for few months focus only on Equities, consider a sector and start finding out the future prospects of that respective sector, Classify the companies within that sector according to the brand value and its customer reach and then segregate accordingly.
Always remember “Good quality stocks will always give you a good return, even if they look pricey”
PRO-TIP: Once you enter the world of stock market you will get suggestions from many people to invest in Penny Stocks rather than established Companies, People will claim that these Penny Stocks will become Multi-Baggers within few years and will give you say 10x returns or even more. But remember a fact:
“An Egg can either get hatched or get fried, But a Baby Elephant will always grow up to be an Elephant”
For More Information:
*Fill The Form Our CERTIFIED FINANCIAL PLANNER Will Call You Freely*
Give Us a Missed Call On 022 – 62116588
(Or) Download Our MoneyMindz -Expert Seller APP
(Or) Download Our MoneyMindz-Financial Freedom APP
(Or) Visit: http://www.moneymindz.com/