There should be some basic education, because the neighbhor made money in it does not mean you will make money.True in many business. It is reason some work, others start a business. Those who start a business require some smarts.
Like if I were to invest in shares, I would invest in those companies that are profitable first, then ever any start up.
Second, I would look price earning ratio as to know the value of stock.
Third the growth of profit if earninng are doubling or 30-40 % a year that is a hot stock.
fourth sector wise: companies in infrastructer, consumer goods, software etc.
fifth and most important don't put all our investment in one sector, or one stock diversify into 5-10 stock minimum. Usally when one sector takes hit all companies in the same sector/related sector take a hit.
sixth, an investor should be able to risk loosing that money and have saving, and earnings from other sources.
seventh: if there is any scandels relating to stock or company get out fast chances or if stock become junk chancesare it will not ever turn to gold.
eight: keep abrest of all information related to stock incluudeing sudden change in price,announcement of earning, bad news, weak performance, under performane in relation to same sector stocks, etc
As far as investing goes their is a lot of trust you must have to give money to any idiot.Like Mr. DLF being one of the richest men? what does he do accept being a builder? would he give ever a dime of profit