I have always been a keen stock market enthusiast. Being from a middle class family, the idea of making higher than the FD rate of return is like being shown a magical world. I have been following / investing from the time I was a small kid as my dad was one of those people who always liked to tinker with stocks since early 90's.
I still remember the old physical stock certificates which he used to get home.. The Master gains, master share, reliance, etc etc... It was only after I joined work that I started trading in stocks. My first investment was in the NTPC IPO in 2004 when I bought 200 shares of NTPC @56/share which I sold a few years back at 273. After that, I have been buying and selling ever since.. some with success and some with not so much success.
But I have always stayed ahead of the market and in a way acheiving my childhood dream of making higher than FD rate of interest. Here is a short summary of what I feel about identifying right companies to invest in..
First- I think there is one magical word which you need to be careful off if you want to make money. That word is "GREED". Be afraid of greedy companies - go by the fundamentals.. will the company stay profitable or has it got the potential to stay on and turn profitable in future..
Second- Take time out to follow the companies you are interested in. Its important to learn to ride the "bicycle". Everything is difficult till you learn it.
Third- Form your own theories. Make your own choices.. But, be careful to weigh your theories before implementing it :-) Learn to ride the bicycle before making theories on how to ride it..
Well, hope you liked it my friends. Off late I have not been able to update blog so often.. but I will try to update with info on what seems to be interesting and taking up my mind...
Ciao till next time...Harsha
2 comments:
very nice posting i like it
thanks.! for this post a article..
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