A classic investment tip that most share market enthusiasts follow revolves around the concept of knowing your share investment. ‘Knowing’ here doesn’t just mean facts and figures related to the share. But it implies understanding the way the company you’re investing in works.
For example, you don’t need to be a rocket scientist to invest in a company like Aerojet Rocketdyne. However, you would benefit from knowing what they do, their business model, competitive advantage, and the qualities of the leadership team.
As Warren Buffet says, if you don't understand it, don't invest in it. This holds true for share investments and can help you either invest or pass on the stock.
#5: Speak to a wealth coach
A wealth coach is not a hard-selling bank executive. They are finance professionals who care about your financial health and well being.
A wealth coach will have a conversation to understand your needs which can include (but not limited to):
Based on your needs, they will advise you on your financial approach and investment options.
You can invest in the share market in one of the following ways:
Once the IPO shares are issued, the company is listed on the stock exchange, which is a part of the share market. Further trade of shares happens in the secondary market.
6. What is the Secondary Market?
The secondary market is a place where you can buy and sell shares from other investors. These shares are pre-owned by the investor. The issuing company is not involved in this process.
The most common example of this is the stock exchange. Indian investors can also buy shares of foreign companies like Apple, Amazon, Google, Facebook, Netflix, Tesla, and more. Read this to know more.
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
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on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!