Skip to main content

What is your advice for beginners wanting to invest in stocks?

Wealth Max Solution
Published by Anshul Bajaj
23 hrs
What is your advice for beginners wanting to invest in stocks?
Congrats! You are reading this answer because you have a right attitude towards getting rich .
First of all, without investing you can’t get rich.
No one gets rich with their savings.
My first advice:
Stock Market is addictive and trading is kind of shopping.
It gives pleasure seeing your numbers getting up.
But,
Without knowledge stock market is a total gamble.
You will lose money. And again you have to put money to recover and again you will lose.
So before that you must invest some money to learn it.
.
Because until you learn something practical, you can’t apply the concept from the books. Bookish knowledge is not effective in real situations.
So, learn it before you lose money.
My Second Advice:
Don’t get directly into Stock market just by watching some advisers in TV.
This is the most stupid thing an immature person can do.
My Third Advice:
Stock Market is fun.
You can make money from any part of the world once you learn it.
People come to market to make money.
But my way of investing a bit different.
I put my money not to lose. And hold it tight until I make some.
You have to find great companies and analyze different situation.
P.S.> For more, you can visit www.wealthmaxsolution.com or Contact :- +91 9285292851


Comments

Post a Comment

Popular posts from this blog

Why You Need to Know The Rule of 15*15*15?

When the newbies enter the world of investing, one of the biggest questions that they may face is ‘how much’ and ‘how long’ should they invest? Enter the rule of 15*15*15. In this post, we are going to discuss what is the rule of 15*15*15 (and the rule of 15*15*30) and how it can help you to make your investment decisions. The rule of 15*15*15 The rule of 15*15*15 says that if you invest Rs 15,000 per month in an investment option which gives a return of 15% (CAGR), for a consistent period of 15 years, you will build a final corpus of Rs 1,00,00,000 (One crore). Here, SIP Amount = Rs 15k per month CAGR =15% Time horizon =15 Yrs Final corpus = Rs 1 Cr (Source:  SIP Calculator) Interestingly, your total invested amount is equal to just Rs 27 lakhs. However, over the time period of 15 years, you will build a total wealth of Rs 1 Crore. Rule of 15*15*30 The rule of 15*15*15 gets even better when we double the ‘time horizon’ keeping all the o...
2 comments
Read more

When is the best time to buy a stock?

It is quite difficult to find out the solution when an individual can start investment in the stock market i.e. what is the right time to invest in mutual fund or direct equity. We will try to tell here some conditions or aspects about stock market. Whenever share market touches high or witnesses a sharp correction from its high peak, novice investors get in a dilemma whether to start investment. When the market inches toward higher level or makes a lifetime high every week, new investors fear that market may collapse or go into sharp correction leading to loss for the investors. Again, when the stock market witnesses sharp correction or enters in the bear market, investors do not consider it is the right time for investment. They think that market may continue its correction, so it is not the time for investment. They think that the share prices may further downside more. So, these are the conditions which take place continuously in the stock market and people remain confused whe...
Post a Comment
Read more

Why is investing important?

Money is a mandatory part of every person's life, it plays an important role in life and creating wealth for future. Some people have lots of money, but they don't know how to manage it successfully. Investing is very much important to secure future life. To build wealth, a person has to invest money. If a person doesn't invest, he is just missing out on opportunities to increase his money. Obviously, there are chances to lose money in investments, but if the investment is done by the trader wisely, then he can gain huge money. Many people take suggestions from  stock tips  providers regarding right investment in the right platform. Following are the benefits of financial investment: 1. Increase/grow money - Investing can allow you to grow money fastly. Most investment platforms such as stocks, bonds and mutual funds offer good returns on investment over the long term. This return builds and creating your wealth over time. The growth of money is also important to fu...
Post a Comment
Read more