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#WHAT ARE THE BEST STOCKS TO BUY FOR BEGINNERS IN INDIA 2021 HOW TO#
#WHAT ARE THE BEST STOCKS TO BUY FOR BEGINNERS IN INDIA 2021 FREE#

you should be careful in picking your investment instrument which works for you

Have a clear understanding of different investment choice – You must understand, Investment is not like one size fits all.

This is very key as everyone want to be wealthy overnight but in doing so they lose most of the invested money!

understand you goals – Divide your investment goals into – short-term, medium-term, long-term goals.

You have an emergency fund in place – It’s key that you understand and have an emergency fund before you think of investing.

You don’t have high interest debt like credit card debts which you need to pay – You should first repay your high interest debt before you start investing.

before you start investing you should make sure of below:. The best time for investment was yesterday the second-best day is today!

#WHAT ARE THE BEST STOCKS TO BUY FOR BEGINNERS IN INDIA 2021 FREE#

Over the long term your investment will compound itself rather than declining in value and help you beat inflation so that you can live a tension free life! When should you start Investing? With investment, over a period of time your money starts to give compounding returns which helps you build a good corpus and passive income.Ĭompounding if the 8th wonder of the world! – Albert Einstein So money brings more money if you invest it properly. When you invest you money works for you with you having to do any effort. If you would have invested this 10000 rupees in an instrument which would have given you higher rate of returns than the inflation value then you not could have bought the items at expensive price but you could have bought more things along with it! So value of you 10000 rupees has depreciated in 5 years by just keeping it in your closet! So you can buy the same thing in 5 years with the same thing. But your money in your closet is still 10000 rupees in 5 years. So the items you were buying today will be expensive by roughly 6% per year and will be 50% expensive in 5 years. The value of the items you buy today appreciates over time because of inflation which is around 6% in India. The 10000 rupees which you have with you today may buy you few things as per current rate. Imagine you have 10000 rupees today and you have them in your closet. The first thing you need to understand before you start investing is the money that you have today is not worth the same amount in few years time.

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#WHAT ARE THE BEST STOCKS TO BUY FOR BEGINNERS IN INDIA 2021 HOW TO#

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