Sunday, 11 November 2012

Investing Steps – Baby Steps


This is follow-up or rather follow-down to the previous post , INVEST NOW

1. Open a Demat Account
Do it now, don’t worry about the brokerage etc. but, ease of transacting. except for the brokerage, most of the parameters remains the same with the leading brokerages. Contact me if you need any help with this.

2. LEARN
Invest in yourself and learn, Google is your best source. Spend time browsing thru blogs, plenty of them available providing insights, ask questions & comments, bloggers like me are always there to help Smile



3. BOOK’s
Learn more, thru books there are some classics available which will impart all the theoretical knowledge necessary. But, the key is to apply it in practice which depends solely on just YOURSELF

4. Identify RISK’s
Risks are inherent part of the investing game, understand to identify and differentiate risks. If you don’t have appetite for the Risk, the reward means nothing. You will never be rewarded if you cannot take the risk, SIMPLE!!!

5. PATIENCE
We are running a Marathon here and not Sprint, if you don’t have the patience stay out please. The key is to Understand the game, Stay in the game, Benefit from playing the game. USB – The Universal Bus which will help you generate money slowly but, surely …

ALL THE BEST !!!

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