10 Great Stock Investing Tips to the Beginners by Vijay Kedia

Vijay kedia is a well known stock investor in India. Once while giving seminar he gave 10 great stock investing tips to the beginners. Now let us look into these tips and we hope these are helping to grow your investment knowledge.

• 1.      Room was not built in a day but Hiroshima and Nagasaki were destroyed in a day. This is the popular quote followed by Vijay Kedia. Here Rome was not built in a day; it means it takes time to build wealth in the stock market. But many people thought that they want to become rich as early as possible.  Hiroshima and Nagasaki were destroyed in a day; it means you can lose your entire money by doing trading without knowledge.
• 2.      Never depend completely on stock market for your day to day life because it is a volatile business.  Creating an alternative source can protect you from the volatility of the market. Also additional income gives you holding power in the stock market.
• 3.      Do not buy a stock until you do deep analysis into the stock fundamentals.
• 4.      Stock market is not a gamble. You must be fully aware of news and developments in the company.
• 5.      Never trade in stocks and never use borrowed money to buy stocks. It is extremely risky.
• 6.      According to him the success rate in trading is hardly 1%. Trading requires special aptitude which a normal person lacks.
• 7.      Invest only in the best managed companies. According to him the good management with bad business is better than the bad management with good business.
• 8.      Don’t worry about day to day volatility in stock prices. Remember your investment belongs to market and only the profit belongs to you.
• 9.      Don’t be very optimistic in up trends and pessimistic in down trends. You should maintain a balanced mindset.
• 10.  Finally do some good karma and be a good human being. It is because the stock market is a mind game; if you do good karma then definitely good things will come to you.