I am currently pursuing IPCC
I want to try investing small amounts every month like Rs 1000-2000........But don't know how to start as i don't have sufficient knowledge........Please advice how can i know more about investing ...............Please suggest which has moderate risk
INTRESTING QUESTION,I WILL ALSO WAIT FOR THE REPLY
hello friends....................
first of all you should ........ give time to gain knowledge regard capital market(minimum 6 month)
select 5 stocks from different sector...........and watch its price movement along with news
watch any busness news channel along with read buseness new paper.....
dont start investing money in primary stage,,,,,,,,because there is huge probability of lossesing money in intraday
THANK YOU
SHIKHAR
Thanks all for your suggestions.....I too thought about not taking much risk...
Can you suggest some low risk options other than shares
yes friend u can invest in debt oriented funds...
(1) fixed deposit (Bank or Po)
(2) mutual fund debt oriented
(3) guilt funds
(4) gold and silver
ABOVE ALL R HIGHLY SECURED
if u r planing for long term i will suggest u too invest in banking share because they r going to give u good return in future( as interest rate start decressing)
( SBI, BANK OF BARODA, ICICI, AXIS BANK. PNB........are good blue chip, if your time horizen in 2 t0 3 years. invest in it)
THANK YOU
SHIKHAR.
CAclubindia
