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First time investor with no past experience! How much Rs to which Company I shld invest in share.? |
First time investor with no past experience! How much Rs to which Company I shld invest in share.? The easiest thing you can do, actually is to invest in exchange traded funds. These are mutual funds that trade on the market and which you can buy through a brokerage account and allow you to own a little stock in a lot of companies. Two funds that hold all 500 companies in the S&P 500 (the 500 largest US companies) are the iShares fund (IVV) and the SPDR fund (SPY). This saves you the trouble of choosing individual stocks and basically eliminates the chance that you'll accidentally pick the next Enron. I think all the Technology stocks are good like Infosys, TCS,etc. You can take 20 to 30 shares of these stocks. Some stocks like ABB and BHEL are also good. You can take 15 to 20 shares of those. invest ur money in blue-chip companies Try to invest in a mutual fund in a systematic investment plan. Thus you can invest as little as Rs 5000/- p.m. in a mutual fund and keep invested for a long term ,i.e., at least for a few years. Take the advice of some regular investors. simply keep watching the market for one month without investing. Then you will be able to make a diversified portfolio of your own. Fix a strategy for both buying and selling. Invest in any good IPO. Invest between 50000-100000/- for allotment. Must have PAN, Bank A/c, Demat a/c etc. Do not invest more than 25% of the money you have....Consider them as your training fees........no training like a hands on training........you may have the beginners luck but do not get carried away........wait till you loose the 25%. By this time you will have had a good experience and will know how to use the rest 75% of your capital. Hello Las: |
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