Top 10 Rules of success in #StockMarket

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 Top 10 Rules of success in #StockMarket by @VijayKedia1:

1) Invest only a part of savings (not the actual earnings) into stocks: > As per your age, only invest a certain "%" based on your risk-taking capacity. (if you are <50 years = ~25 to 50%, and if >50 years = ~10 to 25%).
2) Your investment belongs to the market and the profits belong to you: > As long as you are invested, the profits belong to the market. > Don't spend just because your portfolio has increased because tomorrow stock prices can collapse.
3) Book profits periodically: Invest those profits in buying real estate (securing a house first is very important). 4) Don't trade or leverage: Trading is a full-time business. Don't even try doing it part-time and never do it with borrowed money.
5) Create an additional fixed income apart from the market: > Never be dependent on the profits from the stock market because it is volatile. > Have a margin of safety even before entering the market.
6) Invest with the best management and then let them worry about the company:  > Good management in bad business is better than bad management in good business. > If you invest with the best management, you don't have to worry.
> Many times Management is playing golf, and investors are worrying 24 hours about what will happen to the company. > What is the use of being an investor then? Let management worry because management has its prestige and its name at stake.
7) Be informed & read a lot: > The market rewards you as per your perception. If you think investing is a gamble, then it is a gamble. If you think it is a business, then it is a business. > Read a lot and be a maniac when it comes to reading; it will help you connect the dots.
8) Invest for the long term (at least 5 years): >Rome was not built in a day. It takes time for a business to mature. >Whenever I bought a small-cap, many people discouraged me as they didn't like the stock. > 2 years the company went nowhere; then it gave multi-bagger returns.
9) Keep a balanced mind and never regret:  > Don't be happy in an upmarket and don't be sad in a down-market. > Be physically, financially, and mentally sound and avoid regret. He says a stock can go up after you sell it. Don't regret it. A stock market is a place of regret.
> In the stock market, You lose money, you regret. > You make less money, you regret. > You make money, still, you regret. > That is why it is very important to keep a balanced mind.
10) Do good karma as Luck plays a crucial role: > First focus on being a good human being. > The stock market is also a game of chance. > If you are consistently doing good karma, it has to come back to you.