Here is my ultimate checklist that I always follow before considering any business for investing.
3 questions are my first line of rejection for any business. It is not based on sales, PE ratio, earnings, EPS, management efficiency, debt or even chart patterns.
User Question: I have 10,000 Rs and I want to get started with stocks trading investments. How can I get started for solid returns?
What all things should we consider to either redeem or renew SIP term or just stay put with our investment
How to overcome the fear of loosing money, fear of selecting the wrong stock at the wrong price and at the wrong time, fear of past blunders
Trading and investing are two different approaches to market. Knowing the thumb rule to each approach can make the difference between making or breaking in market.
You don’t need to be investing in stocks if you can focus only on mutual funds provided you can avoid the following temptations to investing in stocks.
When share price goes down by 5% I buy and exit at profit of 20%. I am not seeing any profit in my portfolio and so can you tell me what the hell am I doing wrong.
Booking a loss is so difficult that at times it is easy to quit the market keeping the loss making stocks in the portfolio than to book losses. The process I follow makes booking a losses lot easier than it seems without averaging down the stock.
Is buying low and selling high better than buying high and selling higher? Which one is the best trading strategy towards market?
Mutual funds are different from stocks and so buying and selling of mutual funds are not as impulsive as stocks but there are various reasons to sell off mutual fund investments.
Whenever there is a crash in the stock market, equity mutual funds also crashes and at times more than the market. So why everyone terms mutual funds safer?
User Question: I want to retire early and my financial goal is to have 1 Crore in my bank account. I am ready to invest 8 to 10 lakhs now and can I get 1 Cr in 10 years?
Do you regret the missed opportunities in stocks? Do you know how you can be completely fine even after missing the opportunity of a lifetime in stock market?
Every financial advisor has an objective of making a profit for himself or his company but just make sure they are not at the expense of your losses.