How To Invest In Stock Market, Top 5 Golden Rules
1. Don’t use herd mentality:- The typical buyer’s decision is usually heavily influenced by the actions of his acquaintances, neighbors or relatives.The world’s greatest investor Warren Buffett was surely not wrong when he said, “Be fearful when others are greedy, and be greedy when others are fearful!”
2.Take decision with information:- research should always be undertaken before investing in stock market.
3.Invest in business you understand:- firstly understand the business where you invest.before investing you should know know about the business and company.
4.Follow a disciplined investment approach:-the investors who put in money systematically, in the right shares and held on to their investments patiently have been seen generating outstanding returns.
5.Monitor rigorously:-If you can’t review your portfolio due to time constraint or lack of knowledge, then you should take the help of a good financial planner or someone who is capable of doing that. “If you can’t even do that, then stock investing is not for you. Better put your money in safe.