I want to invest in shares and mutual funds.But i don't know much about it..?

Question

I want to invest in shares and mutual funds.But i don't know much about it..?

Answer 1

just be in touch with me, u will know and invest in time to time.

Answer 2

There's always a starting point. Fortunately today there are so many resources where you can get started. Consider the suggestions below. I followed this when I started out in 2005!

1. Since you are starting out, first you need to familiarise yourself with the basics. Consider the set of excellent articles at sites such as these below

Great investing basics websites

http://beginnersinvest.about.com/

http://www.investopedia.com/articles/bas...

http://www.kiplinger.com/moneybasics/

2. Next, I would recommend you to first get solid grounding in Investing. 3 must read books. If you haven't heard of these, buy them NOW, today. They will be your invaluable guides to safe & prosperous investing and future wealth creation.

a. Intelligent Investor -Benjamin Graham

Considered the bible of all investors, this will foremost teach you the basics and most importantly, how not to lose money. Thats the first lesson you need, believe me

b. One up on Wall Street -Peter Lynch

This is another classic. Tells you how to spot winners from what you see around you. successful products, companies. Practically shows you how you do not need to be a hot shot financial analyst to be able to spot good moneymaking opportunities in stocks

c. Common stocks Uncommon Profits- Phil Fisher

As you dabble for 1 or 2 years, make some money and also make some small (hopefully) mistakes, you will start itching to catch the multi-baggers, the ones that go up 4x-10x in a couple of years! This book show you how to sift out probable winners

3. Next, you need to understand more on the promising sectors, promising companies, etc. So start reading the Economic Times daily, watch CNBC TV 18 -your stocks with Udyan, UtVi, NDTV Profit. There are also dedicated shows on Sat/Sunday mornings 9.30 am onwards till 11 am or so on CNBC TV18 - that cover investing basics, markets next week-basically trading calls for the week, and other useful shows.

4. You could also join some investing/Trading groups to learn more from other investors. Here by listening on the conversations, you can shorten your learning curve. I dont do Trading so I cant tell you about such groups, but there are good long term investing groups like http://in.groups.yahoo.com/group/lawarre...

You can check out more such yahoogroups at http://in.dir.groups.yahoo.com/dir/Busin...

5. Once you have spent some time in all above, say 3-6 months, you will see that you start forming some ideas of your own. That you are able to comment on or question what someone is saying on TV, the yahoogroup or even what your friends offer as stock ideas. If you are unable to comment /question anything on most of the pronouncements by analysts/others thats a pretty good indicator that you are not ready yet. If you venture out at this stage, you are probably not investing but gambling away hard earned money:-)

So read up, ask questions, see that you are able to interpret/question/comment on what others are saying. Only then take small bets in companies you believe in, which have some track records. Don't go for quick profits, thats a sure recipe for disaster!

Answer 3

Here is a great free site that appeals to those without a financial background to help you get started. Good luck.

Answer 4

INVEST in Top 8 Scrips in 2008 when the Indian Stock Markets fall in July 2008 (BSE Sensex support will be 12,868.28 (+/- 1%) and NSE S&P CNX Nifty support will be 3,821.00 (+/- 1%)):

Reliance Industries (RELIANCE), Infosys Technologies (INFOSYSTCH), ICICI Bank (ICICIBANK), Larsen & Toubro (LT), Housing Development Finance Corporation (HDFC), Bharti Airtel (BHARTIARTL), Tata Steel (TATASTEEL) and Oil & Natural Gas Corporation (ONGC).

INVEST 16% in First Scrip, 15% in Second Scrip, 14% in Third Scrip and so on of your total fund or

INVEST 12% in each scrip of your total fund.

Answer 5

Take my advice and keep away from it, go to Vegas with your money, at least you have some fun loosing it.

The only people who win with funbds and stocks are the one, who talk other people into paying for their services.

Average stock return since its opening in 1895 on the Dow Jones is 1,8% a year (adjusted for inflation).

Answer 6

mail me i ll guide u

Answer 7

well..if u want to invest in shares and mutual funds ..u wud first need to study da market and then have a demat account. then u wud require a broker and visit sites like www.moneycontrol.com and www.infonline.com. plus it always good to visit the site of the stockmarket where u are planning to invest.

Answer 8

Hmmm.....if you don't know it's natural that you will be much puzzled. So don't be overhelmed by this fact. Stay calm and composed.

Welcome to the world of financial markets.

About Mutual funds....

Please contact a couple of mutual funds. They will send their people to you and they will explain everything properly to you. You will know better this way.

About shares.....

First read extensively. Read newspapers & magazines for company and economy specific news and analytical reports. Economic Times, Financial Express, Business Standard, Business Today, Business India.

Go through few websites. Official website of Bombay  stock exchange (www.bseindia.com) - look for wealth of information under BSE Training Institute link and downloads.

Official website of National Stock Exchange is www.nseindia.com. Look for NCFM link. There are lots of downloads depending on the subject. Download and read them.

www.icicidirect.com, a website of ICICIdirect has lots of useful information under "research" and "learning centre" links.

For basic concepts visit my website www.askniting.com.

Feel free to email / ask me specific question. I like it most when new investors join the investments space. Am in stock broking for many years and based in Mumbai. But please do not ask for instant tips. I hate it when people do this.

Best luck.

Answer 9

Investing in stocks or shares and mutual funds is more dynamic then most ordinary people think.  The best place to start would be to read a good book on investment management.  In fact, you would be surprised to know that there are thousand of books written on the subject attending on and covering various aspects of it.

You may consider starting with "Securities Analysis" by Graham and Dodd or "The Intelligent Investor" by Bejamin Graham.  For further references you may do a search for "investment management" or visit amazon.com

It is only after you have gained knowledge and a fair understanding of this dynamic environment, that you would be able to achieve a relatively more fruitful result from your efforts.

Happy reading.

Akash

http://www.narachinvestment.com