You may wonder on how you can earn big money by share trading and investment. If you check the data, you will find that for most big businesses, their net worth have touched heights because of sale of right investments at right time. For example- Ms. Namita Thapar (a well known face of Shark Tank India) is likely to make Rs. 127 crore by selling a portion of her stake in Emcure Pharmaceuticals. So we are going to crack this code of making big money by way of financial decisions. Here are few tips:
- Systematic Investment Plan (SIP) are a good method to start with. You can start with a monthly SIP of as less as Rs. 500/-. Then once you start believing, say in a period of 6 months, you can increase the amount. Now, here the choice of fund is very important. Say, if you are investing for saving taxes, then there are numerous tax saver funds from which you can choose after analyzing return of each fund. Now a days, a new option of buying automaticmonthlystake in shares is also available. So, just like you do for mutual funds, you can also buy one share each month for certain company as set.
- Secondly, if you are buying stocks for trading purposes that may be intra day trade or short-term capital gain, then one must never buy shares that give long-term benefit. Long term Investment and Short term trading should be kept as two different options.
Most investor’s do this mistake of mixing long-term benefit with short-term. So, if you want secure returns, you should always go for Fixed Deposits while if you want quick returns then go for short term trading of stocks that move fast. It is completely an investor’s choice however the best mix is a mix of varied portfolio.
