Personally, I love tracking the share market and I do have a few investments from my limited income. I will try to share my investment strategy but first of all, I will start with a disclaimer that I am not a share market expert. It is all my personal ideas and does not blindly follow rather use your own research. I consider myself as a learner and I am just sharing my experience what I gained as of now.
I am active in the share market since 2018 itself. I do my personal research about the companies in which I invested in and sometimes I do take help from different sites which I will be mentioning out shortly.
How to invest in the share market?
In order to invest in the share market, you need a Demat account. There are lots of companies offering Demat accounts but I personally use ZERODHA as my Demat as it is having a simple web interface.
I am providing the link to signup for the Zerodha account which you can refer to.
https://zerodha.com/?c=YN3963&s=CONSOLE
Useful links I prefer for stock tracking and research
Different tools and websites I use to track or educate myself about the share market.
- Tickertape
- Screener. in
- Moneycontrol
- Zerodha Dashboard and Console
- Small case
- I prefer doing long-term investments and do not personally encourage myself in doing trading. My focus is on buying stocks mostly which are value for money and have strong potentials in business growth. Choosing a company which is having a good market hold and can give me a multi-bagger return is my strategy.
- My thinking is one has to invest in a company wisely as in some of the companies do perform well even their sectors are behaving oppositely also. Their management is well aware of how to survive and their business is still jumping high.
- I personally invest in stocks in SIP mode each month.
- One of the other thoughts is having patience. It is the most important as an investor. You need to have strong character and believe in yourself and your decision to invest in a particular business. Buying and selling frequently can't be a trait of an investor rather it is of a trader. you have to give your investment the time it needs in order to give you the best return which you can cherish of.
- As a share market investor, you need to take a few risks but they should be a calculative risks. Yes, it's true you are not expected to be always correct. Do learn from your mistakes and choose business wisely and I personally like doing experiments.
- Don't put all eggs in one basket - I strongly believe in this sentence. So In my view do investments in different sectors and do load balancing in terms of IT.
- Look around yourself and think about which products you are consuming. there might be a multi-bagger share name around you itself.
- One of the ideas is investing in those sectors which you are already related to or working in the day-to-day. Suppose you are working in IT so must be aware of the well-established market leaders in IT sectors likewise you can do for other sectors too.
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