I do not think there is any one best way of investing. Different personalities can achieve success using different methods. Personally, I do not think "tading shares" is the best approach myself. I think long term investing is a better approach. Though if a stock does not perform as I had expected, I will quickly sell it and attempt to find another that might do better.
Mutual funds provide a very good way to obtain a diversified holding of securities and I believe that they should be a part of everyones portfolio. But, 70% of mutual funds underperform the market in general so it is important to pick funds with good track records.
To improve your chances of success, you need to obtain a foundation of investment knowledge. Go to your library and read several books on investing paying particular attention to fundamental investing and technical investing. Both approaches are important. If your library does not have a good selection, go to a book store and buy several books on investing. Check out what Amazon offers. They have a huge selection.
2006-08-01 01:32:19
·
answer #1
·
answered by Anonymous
·
0⤊
0⤋
Buy and hold. Studies show that trading costs eat up profits.
Buying no load mutual funds give you the added benefit of owning a well diversified portfolio.
2006-08-01 04:19:17
·
answer #2
·
answered by Ranto 7
·
0⤊
0⤋
I advise you to go to mutual funds... as the risk is lower than obtaining certain shares....
in MF, you're diversifying your investment to many stocks, companies, sectors, and even countries... Always remember that as much is the risk as much is the gain/loss...
To pick the proper fund, you have 2 options:
* Either pick the fund that is under-valued, or very cheap now (bigger potential for growth).
* Or pick the fund that has excellent prospective (like Gold, metals, Asian stocks, etc.).
At the end, your decisions are what decide your destiny, and no one else...
Happy Investment....
2006-08-01 01:22:43
·
answer #3
·
answered by toon 5
·
0⤊
0⤋
Videsh Sanchar Nigam Limited, Ranbaxy, Essar Oil Limited, Infosys
2006-08-01 02:13:07
·
answer #4
·
answered by Anonymous
·
0⤊
0⤋
go to the office of the share broker/ share sub broker and open trading as well as de - mat account with them .
or
open online trading account with ICICI bank/ HDFC bank?uti bank
2006-08-01 01:07:37
·
answer #5
·
answered by rakshaagro 3
·
0⤊
0⤋
Best, safe and convinient way is on line trading facilitated by ICICI or HDFC etc.
2006-08-01 01:06:02
·
answer #6
·
answered by Madhavan 1
·
0⤊
0⤋