While investing keep these points in mind

-


Stock market or you can call it the Share Bazaar to bring the 90s vibe :)

Everyone wants to become rich or wants to make a good profit from the stock market.

Believe it or not, everyone has this desire but they don't know the right way or don't have the right information to start the journey.

With the recent trends, people are showing interest in the stock market and wants to invest their money.

There are 2 participants traders and investors. Now, who is a trader? A trader is someone who has a short term view and wants to make a profit in the short run.

While the investor is someone who has a long-term view and stays invested for a long duration. It can be 5 years, 10 years or as long as he wants to hold.

As an investor, I'll be sharing some points to keep in mind while investing. Earning a profit or generating wealth in the stock market is not that complicated.

While investing just keep these points in mind:

• Stay invested in the Nifty Top 10–15 stocks- Never go outside the Nifty as they are good companies or you can say the blue-chip companies hence the risk is less and you can get a decent return in the long run. Also before investing do your research.

• Never invest without proper research- As I mentioned in the first point before investing always do in-depth research of the company or the stock you are investing in. You can study fundamental analysis. With the Internet you have everything ;)

• Don't follow any tips/advice- I have seen many new investors get trapped by these tipsters and end up making losses. Tipsters tell them to invest in the penny stocks which are operated by operators. So always stay away from these tips and advice.

• Always invest for the long term- As an investor, your ultimate goal should be always long term. You can compare yourself with someone who is planting a seed today to catch a glimpse of a tree tomorrow.

• Don't be afraid of short term fluctuations- The stock market is all about the fluctuations, it rises and it also falls but an investor doesn't get afraid of these short term fluctuations and If you are always worried about these short term fluctuations then you can't become a good investor.

• Stay away from penny stocks- As I mentioned earlier the penny stocks are operated by the operators. You can end up losing your money because in such stocks the circuits hit frequently. You can't exit these stocks easily. So uncheck the penny stocks from your to-do investment list.

• Diversified portfolio- You might have heard this quote "Don't put all your eggs in one basket". Similarly don't put all your money in one stock or one company. Diversification is very important for a long term investor. Invest in different sectors, industries.

• Patience- You're done with the investments now the only thing you need to have is patience. The stock market will crash and again it will rise but you should have the patience to hold the stocks for the long term.

See y'all in the next blog, Cheers!

Comments

Post a Comment

Popular posts from this blog

How to increase chances of IPO allotment?

-
Image
IPO or you can say पच्चीस दिन में पैसा डबल ;) Everyone who applies for IPO will always desire to get an IPO allotment but very few get the allotment. Those who are getting the allotment are either lucky or applying smartly . Let's consider you are not the lucky one. Now you have to apply smartly so how do you apply smartly to increase the chances of the IPO allotment? Below are some effective ways which will help you increase the chances of allotment: 1. Apply for a single lot - I have seen many investors apply for multiple lots to get the allotment but it is not the proper way because In the case of  oversubscription  an investor doesn't get more than one lot. It's always better to apply for a single lot rather than applying for multiple lots. 2. Apply from multiple accounts - This is another effective way to increase the chances. If you have Demat accounts of your family members or friends then try applying from that accounts also. Connecting with the f...
Read more

List of charges involved in trading and investing in shares

-
Image
Nowadays people are showing more interest in the stock market . Over the internet and social media, there are a lot of advertisements or promotions for opening a demat account . Most of the companies offer zero account opening fees and some are also offering zero AMC for a lifetime but no one transparently speaks about charges involved in trading  and  investing . I believe new investors and traders should know what are the charges involved in trading and investing in shares  because whenever we purchase any product the first question we ask is Bhai paise kitne lagenge? Let's under the list of charges: • Brokerage - It is the primary charge charged by any broker. It is charged on a certain percentage or a flat fee . Nowadays, most brokers offer zero brokerage on delivery and around Rs 10-20 for intraday trades. Most traditional brokers still charge for the delivery trades. You can check the broker's website for their brokerage charges. • STT/CTT - STT is S...
Read more

Why did I choose content writing as a career?

-
Image
"Sometimes a small decision can take you to the right path" Two months back (5 Nov 2021) I decided to become a content writer and to be honest it wasn't planned ki mein yeh karunga. So let me tell you the back story ki how I encountered content writing . I was working in Zerodha  as Assistant Manager  Sales and Customer Support . Things were going well, I have learned a lot and it help me develop as a person professionally but I don't know for the last 6-7 months I was no longer finding the work fulfilling and end of the day I was feeling empty. After completing 3 years, I decided to quit the job on 18th Oct 2021 without having a second offer in hand because I was not sure ki mujhe kya karna hai aage. Iske baad I started looking out for other career options so I found UX design and it was very interesting so I took a course on Coursera  and started making notes for the same and I completed the half course on mobile-only because my laptop had...
Read more