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Im very much interested to invest money in shares, but i have a little idea about share trading.wat shal i do? |
I AM AT PRESENT WORKING IN A NBFC. I AM INTERESTED TO MAKE ADDITIONAL MONEY BY INVESTING A PART OF MY SALARY IN SHARES AND OTHER SECURITIES. first of all you should decide if you want to manage the investment yourself or have somebody manage it for you. If you choose the first option you will need to learn a great deal about the markets and trading, otherwise you will loose it all. there are a lot of people out there waiting for people like you to strip them off their money. If however you choose the second option (smart option) there are many financial institutions out there that provide several products to meet your needs and good return. Good luck dont take risk investing in shares, it wil be beter to invest in mutual funds yes, you shoudl be careful to study the share market trends and ideally depend upon one knwon share broking person.He should be known who will not ditch you. Then you will slowley pick up on your own. This is the wrong entry point. The market is going to collapse any time now and the signes are showing. Hold your hard earned money, when the market falls rock bottom, then you buy at pit fall prices, you go for strong mutual funds for long term gains. Pal up with someone who will show you the strings Hi.... You have a great idea of investing in the share market but you have to take several precautions. Following are the steps you should do before taking any action... Share market is the only place to create a fortune but the process is not as simple as it looks like. You will have to do a lot of learning to make real money. Since you want to make a little extra money by saving a part of your salary the best solution for you is SIP or Systematic Investment Plan available with all Mutual Funds. SIP is the best way of saving a little amount from one鈥檚 salary and creating fortune in Stock market. Look at the amount you will get if you save just Rs.2000 every month for the next 20 years regularly assuming your money earns an average return of just 20% annually, you will save a total of Rs. 6 Lac and it will grow to Rs. 12,520,534.00. |
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