4. Do Your Homework

As ‘Practice Makes Perfect,’ knowing the basics and ground-rules of investing is a must before you turn pro. There is nothing like starting from scratch. You are bound to lose and win but the key is to learn from the experiences. As stocks are always subject to market risk, you can never predict a 100 percent safe investment. You can hope for an overall good return. It is only common knowledge and sense to look up the history of the company you want to invest in. Reuters, MoneyControl.Com and MutualFundsIndia.Com are excellent sites to look up the background and financial details of firms. You can also check out – NDTV Profit.