To start in share market these steps should be followed
1. Study various companies
2. Identify the company that u understand what it is manufacturing
3.read newspaper to upkeep the knowledge
4. Make a list of optimal companies
5. Don't buy when market is soaring (What goes up comes down )
6.Weed out under performers .
7. Stick to your budget
8. Identify your goal and chase it , don't chase market
9. Do research and invest for long time
10. Have realistic aspirations
11. Just dump whatever is outdated
To succeed u need to be disciplined.... ..... Warren Buffett
So it pays if u r disciplined :-))
Don't do what everyone else is doing, do your own research , make your own decisions
" Only dead fish follow the flow "
"Don't ever get emotional be practical and diligent "
Over confidence is a toxin in investments world.
Read about portfolio building
Read more: 4 Steps to Building a Profitable Portfolio | Investopedia http://www.investopedia.com/articles/pf/05/060805.asp#ixzz4co8hzV54
1. Study various companies
2. Identify the company that u understand what it is manufacturing
3.read newspaper to upkeep the knowledge
4. Make a list of optimal companies
5. Don't buy when market is soaring (What goes up comes down )
6.Weed out under performers .
7. Stick to your budget
8. Identify your goal and chase it , don't chase market
9. Do research and invest for long time
10. Have realistic aspirations
11. Just dump whatever is outdated
- Patience in equity markets, is a virtue , to create long-term wealth. And, often, it is the most difficult part.
- At an individual stock level, look for long-term, sustainable and solid performances while at a portfolio level, endeavor to control the risk.
To succeed u need to be disciplined.... ..... Warren Buffett
So it pays if u r disciplined :-))
Don't do what everyone else is doing, do your own research , make your own decisions
" Only dead fish follow the flow "
"Don't ever get emotional be practical and diligent "
Over confidence is a toxin in investments world.
Read about portfolio building
4 Steps to Building a Profitable Portfolio
Read more: 4 Steps to Building a Profitable Portfolio | Investopedia http://www.investopedia.com/articles/pf/05/060805.asp#ixzz4co8hzV54
2 comments:
It's worth a try
Thanks for the advice. Will be trying soon.
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