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How Do You Make Smart Investments In The Stock Market? |
How Do You Make Smart Investments In The Stock Market? Invest systematically every month either directly in index stocks or in diversified mutual fund schemes. For details of performances of stocks and schemes refer moneycontrol.com indiainfoline.com equitymaster.com bseindia.com nseindia.com The stock market can be risky at the best of times, even for experienced investors. However, everyone has to start somewhere, and if you do not start now then when will you acquire the necessary experience? Do read some books on the subject. Visit your local book store and find a book that you like and feel comfortable with. Some of the titles I have on my bookshelf include: One Up on Wall Street by Peter Lynch How to make money in Stocks by William J. O鈥橬eil (Founder of Investor鈥檚 Business Daily) The Millionaire Next Door by Thomas J Stanley and William D Danco Check out web sites like fool.com and yahoo finance. Investigate trading strategies with a proven track record over 3, 5, 10, and 15 years. Pick something that you understand, find easy to use, will help you realise your goals, and where you can take responsibility for your investments and be in full control of your capital. Systems like the Stocks Monthly system are definitely worth investigating once you are up to speed with the nuts and bolts of investing. http://www.fool.com/mutualfunds/mutualfu... http://www.stocksmonthly.com i think you must invest in education first, after you have enough knowledge and experience then you can invest in stock market. http://www.freebusinessidea.blogspot.com... or http://www.wealthseminar.blogspot.com... No different from being a smart engineer, lawyer, or executive - it is directly proportionate to the amount of effort and dedication you put into it. |
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