wood burning stoves 2.0*
The moose likes Meaningless Drivel and the fly likes invest on stock market. Big Moose Saloon
  Search | Java FAQ | Recent Topics | Flagged Topics | Hot Topics | Zero Replies
Register / Login


Win a copy of Spring in Action this week in the Spring forum!
JavaRanch » Java Forums » Other » Meaningless Drivel
Bookmark "invest on stock market." Watch "invest on stock market." New topic
Author

invest on stock market.

Bharath Raja
Ranch Hand

Joined: Jan 21, 2009
Posts: 111
I want to invest my small amount of earnings in share market - india (NSE). I have some 0.05 % of stock market knowledge .. Still I'm scared about step into stock market... Some one please suggest me some points to starting investment or any books for best beginners...


Life is either daring something or nothing - Helen Keller
Pat Farrell
Rancher

Joined: Aug 11, 2007
Posts: 4659
    
    5

One: classic question: How to have a million dollars (or pounds sterling) when investing in the stock market:
Answer: Start with two million dollars (or pounds sterling).

Two: I assume that there are Indian equivalents to Fortune, Forbes, and Money magazines. Go get them all, read them, and read next month's issues.

Three: buy and hold. Folks who trade frequently in the market will get killed by the transaction costs.

Four: have a diversified portfolio. If you have only a small amount of money to start with (see #1) then you probably can only get diversified if you buy into a mutual fund, index fund, or its equivalent.

In the US markets, individual investors have left the market for holding specific stocks, nearly all individual investor money is in assorted funds and indices.

If you think you can get rich quick, don't do it.
Bharath Raja
Ranch Hand

Joined: Jan 21, 2009
Posts: 111
Pat Farrell wrote:One: classic question: How to have a million dollars (or pounds sterling) when investing in the stock market:
Answer: Start with two million dollars (or pounds sterling).

I'm surprised.

Pat Farrell wrote:
Two: I assume that there are Indian equivalents to Fortune, Forbes, and Money magazines. Go get them all, read them, and read next month's issues.

sure.. I will...

Pat Farrell wrote:
Three: buy and hold. Folks who trade frequently in the market will get killed by the transaction costs.

gotcha..

Pat Farrell wrote:
Four: have a diversified portfolio. If you have only a small amount of money to start with (see #1) then you probably can only get diversified if you buy into a mutual fund, index fund, or its equivalent.

In the US markets, individual investors have left the market for holding specific stocks, nearly all individual investor money is in assorted funds and indices.

thanks for this Farrell.

Pat Farrell wrote:
If you think you can get rich quick, don't do it.


fred rosenberger
lowercase baba
Bartender

Joined: Oct 02, 2003
Posts: 11406
    
  16

the term 'investing' generally means 'long term' - i think 5-10 years MINIMUM.

If you are planning on buying/selling more often than that, you are SPECULATING - a very different concept.

trading stocks is a lot like going to a casino - don't put in more than you can afford to loose.

It's generally better (IMHO) to invest in something with a high probability of going up a little each year and leaving it there for 30 years than to invest in something with a small chance of going up a lot and a high chance of falling over the next year.


There are only two hard things in computer science: cache invalidation, naming things, and off-by-one errors
Saurabh Pillai
Ranch Hand

Joined: Sep 12, 2008
Posts: 509
assorted funds does not give any good reading source? What is it?
Bharath Raja
Ranch Hand

Joined: Jan 21, 2009
Posts: 111
thanks freg and saurabh
 
permaculture playing cards
 
subject: invest on stock market.