How to start investing in stocks as a college student who knows nothing about it?

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8mo ago

Goodi

NoCompany8mo

Pick 5-10 YouTube channel on finance
Assume that they are all trying to sell you something and hence take any offering with pinch of salt
Watch their videos for various use cases and scenarios
Get Zerodha or Groww app . Read their knowledge bank. Zerodha had something like University.
Start investing small and then go big

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Student8mo

University? It's Varsity https://zerodha.com/varsity/

WonderfulGuy

Encora8mo

Start a monthly SIP in any mutual fund or Index Fund. My Recommendation: Start a SIP either in Parag Parikh Tax Saver Fund or Parag Parikh Flexi Cap fund. There is a lock in of 3 years in Parag Parikh tax saver fund. https://amc.ppfas.com/

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Student8mo

Kyu kre wo tax saver as a student? Jab ki tax benefit nhi h??? Wtf? Don't push in the wrong direction.

WonderfulGuy

Encora8mo

ELSS can be considered for investment also even if you don't claim tax deduction. I prefer the lockin as we are invested for at least three years and not tempted to withdraw. Have given other options as well which do not have a lockin.

JinSakaii

Walmart8mo

If you start with some simple equity linked mutual funds, you end up investing in stocks anyway.

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