Stocks stocks and stocks; a cry in every ones heart for the last month. With markets showing some improvements in the last few days its a small respire for many. For freshers in the stock market, hold on, things are still not very right and definitely not stable. Markets are again likely to fall in the near future. Save some good money for that day and the moment you see a sharp fall put in some money (abt 20%) . Look at about investing 2,000 Rs every month.
Some tips to look at:
1. Invest in fundamentally strong companies
2. Decide on the term of investment short term or long term, this will in turn decide the stocks in which you would want to invest.
3. Have a constant watch at the market
4. If you cannot look at the market regularly then i suggest go for a SIP with a good mutual fund.
5. Instead of putting all your money on one day go for a monthly investment plan in the stock market. This will help you minimize your risks there
6. Look at the US market results every morning, other Asian market results before our markets start
Note: These tips are given by my room partner, and believe me i am making some good money out of this.
Tuesday, November 4, 2008
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