Skip to main content

Know your goals


Why is investing a clever and visionary idea? Simply put, by planned and regular investments you can build real wealth. It's relatively painless, and the rewards are plentiful. By systematically investing in the stock market you can amount to great wealth that can enable you to retire happily. Also, you can pass the wealth to your successors who will cherish you for generations. Whether you are starting out with nothing, or you have some real money to put stakes on, you need gentle assistance to grow.
Firstly, you have to know your goals. What exactly are you saving money for? Retirement? Higher studies for the kids? A luxury villa? A hundred-acre farm? Or a luxurious escape to Europe or USA?
You should really get to know what is compounding in investments. Every day you are invested your hard-earned money is hard working for you, helping you realize your dream of a financially secure and stable future.
Common pitfalls to avoid 
Before you start putting your money at stake, there are some common mistakes to learn about. These are common mistakes most people make when starting out because they don’t have anybody to tell them.
·         Starting late
Never postpone your investing career. You’ve probably heard that the earlier you begin investing, the better.
·         Investing for the short term
Always try to invest money for the long-term goals, and do it regularly and systematically. But for short-term goals, there are certain short-term funds. But you always should consult an expert before this. If you are from Kerala, you can look up the List of stockbrokers in Kerala on google.
·         Playing it safe
It’s okay to play it safe. But sometimes you should dare to invest aggressively and reap the benefits. People with this kind of a gut almost always make it big in the investment scene. You can find many Share brokers in Cochin that can guide your aggressive trading stint.


Comments

Popular posts from this blog

Through the history of stock market

Indian stock market is one of the oldest markets in Asia and Bombay Stock Exchange is Asia’s first stock exchange. There was a time when the traders had to be physically present at the exchanges, that was the case before the dematerialization of shares and the advent of online trading. So it was difficult for the people who lived far away from the exchanges had to participate in share marketing and that paved way to uncertainty and high transaction costs. A great change took place when the government of India created a rival stock exchange which is now called as the National Stock Exchange (NSE). The core purpose behind the establishment of NSE was to provide equal access to investors across the nation and make them participate in stock market without any difficulty. When the usage of Internet increased within the nation, there was a switching into electronic trading and that went ahead for establishing an online share market. This shift had not only made investing process simple ...

List of stock brokers in Kerala

Through online trading, we can trade securities through an online platform. It is simple to open a trading account. You just need to open an online trading account with an online broking firm. Share brokers in Cochin offers reliable Demat and trading accounts services with low maintenance cost and affordable brokerage. If you could find List of stock brokers in Kerala who is a registered member of all the stock exchanges and is certified by the SEBI that would be an advantage. Top investing technique is that you should invest gradually over time to meet the financial goals during different stages of life. For every employed person a systematic investment plan is best suggestible.   And if the income flow is irregular an equity-oriented fund may be apt on for you. Trading in stock market will allows you to buy a higher number of units and thus yields higher returns. Mutual funds investments can help you to meet any financial goal, as long as you had made the rig...

Online Share Trading Tips for Kerala

Online share trading is not just buying and selling. A good online share trader must know how to add and delete scrips, punching in various orders etc. If you are an absolute beginner it is critical that you must first learn all the basics. For this, you can approach a Stock broker in Kochi . Without knowing the basics you are probably going to return empty-handed. You should never put your hard-earned capital into the market without having the basic understanding. For seamless online share trading, your Internet connection must be good, and the computer you use must fit the minimum requirements if you are installing an online share trading software. You should always update the antivirus software in your computer to prevent it from malicious viruses and phishing attacks. When accessing your browser and entering the share trading website, you have to pay attention to the opening URL. There are many malicious sites with similar website names and the page made to look the same to...