6 Replies to “i want to learn basics about Stocks, I am a layman in this?”

  1. Visit http://www.profitplus.in and http://www.proftipandit.com for details about Indian stock market investments are made easy with our live NSE and BSE market tips. Our trading tips covers NSE and BSE. We provide intraday and long term share market calls daily with Equal Emphasising on fundamental and on technicals aspects. Check gainers,losers ,news,penny stock,IPO ,Free tips,trading tricks.


  2. Pramod,

    It’s good to see that you are thinking of investing.

    The first thing you should realize is that YOU have the biggest stake in your financial future. So …. listen to advice, but always, always do your own independent thinking and research!

    The first thing you want to do is start saving so you have enough to start investing in stocks (shares).

    In the US, $ 2-3K is a good amount to start with — that’s around Rs. 80K – 1.2 lac. Anything less and you will be eaten up by transaction costs.

    The stock market, if you know what you’re doing, is your best investment vehicle in the long run. Use the next few months to build this investment amount and also to teach yourself about how the stock market works and some good investment strategies.

    Another important thing — paper trade (pretend to invest, simulate your investment) before you dive into the stock market.

    Here’s a great website to get you started:
    independent-stock-investing.com

    The basics of the stock market are covered in easy to understand language.

    You might find these books helpful to get started….
    1)Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town (Paperback – Aug 28, 2007)
    Towns does a good job for the novice investor here. A very interesting read!

    2) The Five Rules for Successful Stock Investing: Morningstar’s Guide to Building Wealth and Winning in the Market by Pat Dorsey and Joe Mansueto (Paperback – Dec 29, 2004)
    Pat Dorsey is Morningstar’s Director of Stock Analysis. This is a very well written book – a must read!

    3) Learn to Earn: A Beginner’s Guide to the Basics of Investing and Business by Peter Lynch and John Rothchild (Hardcover – April 3, 1997)
    Peter Lynch ran Fidelity’s Magellan Fund and is regarded as one of the most successful Mutual Fund Managers of all times.

    4) The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Paperback)
    by Benjamin Graham(Author), Jason Zweig (Author), Warren E. Buffett.
    A classic — might be a little too much for a beginner, but something you may want to revisit later.

    Good luck on your investment journey!

    Hope this helps,

    Santosh


  3. Hi, glad to see more and more people getting interested in the share market. A share is a portion of a company which you can buy. When you buy a share you become a part owner of the company. You must buy shares keeping this fact in mind always. Pick up a strong company based on fundamentals and buy it cheap. It may sound like a tough task right now but there are many sites and books which will help you in this task.

    Technically to get started you need a demat account, savings bank account,and a trading account. Any bank or brokerage firm will open it for you.


  4. Hey…the sites given by some folks are good….keep following it and once you are aware of stocks then you need to bring yourself up to latest events in stock market..so for this you can follow:


  5. suggest,
    1.daily read business news papers like financial times
    2. watch business tv channels like ndtv profit / zee business etc
    3. visit websites like money control .com






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