Handling big numbers can send a shiver down your spine, especially when it is related to investment. But, there is always a smart and simple way to understand things. Many of us are well aware of financial market while some of us are not fast at calculations but are pretty aware of balance sheets of blue chip companies.
Let us tell you that investments are not that hard as the look, you can play the market games sitting at your home. It is a myth that women do not have a head of finance; all you need is just a big tablespoon of common sense with a pinch of current economical environment. Here are some basics which shall prove a helping hand if you are new in the field:
- Everyone knows that you are the home minister of family who keeps everything on track. Budgeting is something which is inherited to us, the women. You just have to follow the same formula and pattern only the scene is different. Instead of your monthly home budget it is the added new stock market budget. Put the same amount of sense as you use to make a hold on your house.
free digital photos - As you always buy quality and branded products, repeat the same story. Trust only in top notch companies which gives long term returns because short term investments lost their worth.
- Rotate the money you have earned through investments so that it could not affect your household expenditure as simply, money is a magnet which attracts more money. Like every other business, this too has its own share of risks.
- Keeping track of your portfolio should be your routine like bathing and eating. Markets open at 9 am daily, fix your schedule accordingly.
- Like all the discount offers or promo offers you use after watching results of them first, stock market is a big gamble which is highly unpredictable. So, wait, watch, invest and repeat.
- Focused on collecting all possible information of the company you want to invest in. This is a process of putting your trust before money in the company and must be followed.
- Read annual, half yearly and quarterly reports of companies on mca.gov.in . Some information is free and some is paid. Go to View public documents and view company master data. IMPORTANT: never forget to view index of charges. It shows credibility of the company.
- Never trust on hearsay, always believe in yourself and sound experts to minimize the risk factors.
