Genuine question: I don't have a huge amount of money 💰. I want to learn relatively safe ways to invest in stocks. Or is there anything better? How much investment does a small business need?
The relatively safe way of investing in stocks might be via Index Funds.
If you are open to reading books, i can get you started.
Would love some suggestions
tbh its not that hard or complex its kind of easy if you have patience and discipline. I will summarize a few points here.
Stay away from the future and options or any kind of get rich quick thing or consistent monthly income mindset.
Look for the stocks that are into HH HL structure on weekly or around life time high. Learn a strategy on how to enter and stick to it. Have 2 or 3 strategy at max.
Risk to reward is very important. The stock market is not a money making business it's a Risk management business. They day you understand this you can make very big into the market.
Don't try to churn a lot into your portfolio. Once you build it stick to it. Give time to your stock to perform. Dont try to chase every other stock that is moving. Stick to your winners.
While picking stocks look if that stock is exhibiting sister stock movement(Stocks from the same sector moving together). These are the ones thag are going to be your massive winners.
There is much more but these are the ones that camw on top of my mind right now.
Why stocks ? , is it because of online Guru's or Friends ? , Let's talk in reality , Investing in Stocks takes good amount of learning and you need to be up to date with market happening which takes alot of time it is better . If you think you can put that much time then go for it or else you can go for mutual funds . Usually what I would do is put them in Fixed deposit or gold
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The wealth should not be inherited.
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Seeing the comment section,I realise I am broke.
Hello community,
Need help in the decision-making of the money that I have in my bank. Currently, I have around 13lakhs in my bank account. I dont know what to do with that money. I dont feel safe in stocks and dont know any other opti...
