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Some tips
by Sujith on Jun 28, 2005 09:08 AM

For guys who are just waiting to jump into stock market, I have some suggestions.Please do not enter the market without doing your home work.What I meant by home work is to start learning the basics instead of blindly looking the up and down movements of the share prices. Grab the business/investment magazines, read them and understand the effect of news in the market. Check out money portals. Once you get a clear understanding of the stock market watch CNBC.There is a good program called Your Stocks.See that and understand what is happening. Listen to expert advices but never follow them blindly.Just lean understand and analyze. I would recommend you to jump into market only after doing all these.Now decide whether you want to trader or an invester.If you are an investor, dont go by ups and downs in share price. Use share as an instrument to invest in great businesses. If you want to be a trader you should track momentum stocks and carefully analyze news that can affect the share prices.I am not an expert but still I manage to make some money.I believe that if you invest after doing all ground work and with discipline you can make money without much risk.

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Everyone can be rich!