One needs to take utmost care in investing his hard earned money. Here are some deadly sins that one must avoid.
http://in.finance.yahoo.com/news/8-deadly-sins-investing-yahoofinancein-3520264618.html
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If you investin shor term for making quick profits often without proper information and on tips only, you are likely to make loss. It is better to invest on long term basis in blue chops i.e. shares frequently traded mostly in Group A or B of stock market. There should be no investment of large amount on a single day but should invest periodically similar to MIPs of mutual funds.
I hadn't invested any money in stock market directly.But have some ULI Policies.
This is fine. If you invest in share market, your mind will be diverted and your job may be affected. It is best to invest in provident fund. It is better to first invest in a mediclaim policy and accident insurance. Then around 10% of savings in provident fund. This will ensure enough money on retirement.
Topic Author
G
Gulshan Kumar Ajmani
@gkajmani
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Created
Friday, 08 April 2011 10:33
Last Updated
Tuesday, 30 November -0001 00:00
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