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The share market offers plenty of opportunities to build wealth.<br>It takes time to understand the nitty-gritties of the market.<br>This presentation will give you a clear understanding of all the aspects of a successful stock market investment(https://www.edelweiss.in/market)
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Introduction The share market todayoffers plenty of opportunities for wealth creation. However, all the successful investors in the world were not made in a day. Learning the nitty-gritties of the financial world as an investor, takes time and patience. Not to mention the numerous instances of trial and error, you may have to undertake as a novice. When it comes to investing, success is not a one-time event; it is defined in terms of your entire journey as an investor This presentation chalks out, every aspect of a successful investment journey from start to finish
Aspects of a successful investment journey Get Started Early – If you want to become a successful investor, you will need to prepare yourself as if you were going on a long trip. Hence, you need to plan your investment journey accordingly. The earlier you start investing, the sooner you will realize your dream of being a successful investor. Determine your long term financial goals and then choose an investment plan to meet those goals. Understand The Market – Before you start investing in the share markets, it’s essential to understand how the share markets work. Today, stock broking websites as well as mobile trading apps offer insights such as top gainers, data analytics, charting, sector-wise performance, live oi build-up, put call ratio analysis, etc. to keep track of the markets in real time.
Diversify – Diversification is the key to successful investing. As a thumb rule, no one stock or other investment should be more than 10% of your total portfolio. Make investments across different sectors and investment instruments such as stock, bonds, and mutual funds. Diversification will protect you against a collapse in any one particular sector. Reinvest Dividends – For most successful investors, a large part of the overall growth comes from reinvested dividends rather than the appreciation of the stock prices. So make sure to choose investments that have been offering consistent dividends and use them as the ballast in your ship. Stay Invested For The Long Term – As an investor who is just starting, a long term strategy may not be the most exciting investing choice. However, your chances of success are likely to increase if you stay the course without letting your emotions get the upper hand.
Conclusion • Finally, be prepared to sell even your best performing stock when you need the money. Always remember that you began investing to build financial security for yourself and your family. So it is better to use it when needed rather than becoming the wealthiest person in the cemetery.