4. Risk Factors: Risk is a volatile factor and may sound dangerous for a beginner. But if you want to be successful in your relevant field, you might have to come across certain risk factors. In fact tackling with these factors will make you strong in the long run.

Instead to avoiding or moving back at the time of risk, you need to face it with confidence. This will improve your skills to maintain the investing power.

5. Investing In A penny Stock: Investor believe that penny stock investments are safe. So they only keep on investing on low value stocks or penny stocks instead of high value stocks. But it is a wrong concept.

Whether you invest in a low value stock or a high value stock, it won’t matter. The fact is you need to have a deep knowledge on the background of the company prior to the implementation of your investing plans.

6. Tax Saving Ideology: You should not make investment with a view to save tax. Instead tax deductions should be a result of your investment planning.

But if you can minimize you taxes and maximize your returns after tax imposition then it will be a productive idea. Hence, set plans to invest for a long time horizon to get better tax benefits.

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