Watch this video for clear understanding https://youtu.be/EEUdNFN47LI
Here are 5 golden rules of equity investment:
Rule#1
Avoid the herd mentality. Don’t let the decision of others influence you. Seek advice from established market experts & make your own informed decision.
Avoid the herd mentality. Don’t let the decision of others influence you. Seek advice from established market experts & make your own informed decision.
Rule#2
Stay away from speculators. No one actually knows, the exact time to buy low or sell high.
Stay away from speculators. No one actually knows, the exact time to buy low or sell high.
Rule#3
Diversify your portfolio by spreading your investment. This will weaken any risk of loss.
Diversify your portfolio by spreading your investment. This will weaken any risk of loss.
Rule#4
Invest long-term & don’t let emotions like fear and greed cloud your judgment.
Invest long-term & don’t let emotions like fear and greed cloud your judgment.
Rule#5
Be a disciplined investor. Invest a fixed amount of money at regular intervals & monitor your investments periodically.
Be a disciplined investor. Invest a fixed amount of money at regular intervals & monitor your investments periodically.
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