Tips for Market Newbies


2. Stick to your plan: If you have your goal set for your investment, then stick to your plan. The amount set for a holiday should not be spent on daily expense or amount set for the daily expense should not exceed. As you have to invest to get the returns. So be rigid in your plans so that it won’t hamper your stock investment.

3. Learn money management: It is very important for you to know how and where to allocate your money, because it is the first step to handle money. When you are a newbies to the market, you must be in dilemma of do’s and don’ts. You cannot expect any experienced professional to share his ideas with you, as it’s all about business. You have to make your own mistakes and learn. Every investor faces this situation of losing money some or the other time and makes you more experienced and knowledgeable about the market. Before entering into the share market you must know the proper answer of “Which sectors and markets do you like and why” for investing money.