Is Share Market good place to invest?

India
April 1, 2009 5:04am CST
I don't know any thing about share market.I am about to construct a house in the next 6 months.I have 75% of the amount needed to construct the house. When i went to ask a loan from a friend,he said invest that 75% amount in Share market and i will be getting the amount i am asking for loan in next 3 to 5 months and there will be no need for any loan.Is it good to invest in share market.I don't have any idea of share market.Shall i take a loan for the remaining 25% or invest the 75% amount in share and get the amount i wanted.
2 people like this
10 responses
• India
2 Apr 09
i would suggest you a big NO... don't invest in share market unless untill you are full loaded with information required to tackle the shares. you should know which company is good to invest and which is bad. whose share will rise and whose not...investing in share market is very risky if you don't have any information about that. even professional suffer losses but they manage the things any how....but in your case as you are a newbie...don't invest.....
@Informer (803)
• India
2 Apr 09
HI Deepika, As you wrote, you need this money in next 6 months. I wouldn't suggest you to invest. Because no magic is going to happen in nest 6 months. Better is to take atleast 12 months or more so that you'll get more time. Investing directly in the market is risky when you have no knowldge about the market and time to get info. Better is to invest in 1 or more good mutual funds and let funf managers to think about your gaol.. They are the expert and know how to deal with market in this tough time.. happy Investment
• India
2 Apr 09
yes share market is the best place to invest.but now a days most of the software companies are in loss and the rate of the shares are also decreased.now more than 1 crore members are in loss.....some of them use to buy shares by selling their gold ornaments...before 6 months all the companies were on profit......now if u invest in share market u will not get any profit
@greenline (14865)
• Canada
1 Apr 09
Share market is a place to invest. Many people do that. But, there is always a very high risk. You need to check very carefully and thoroughly in which companies you should invest. Things can change very fast, for the better or worst !
• India
1 Apr 09
yeah share market's a good place to invest provided that u have the proper knowledge of when to invest money & then about the ups & downs of the share market.
• India
1 Apr 09
hay..don't go for share market. Share market is for long term investment. I you have a view of 3-5 years then go for share market. As your view is just for 3-5 months, for you it will be gambling and not investment. There is no way other than gambling in which you can earn 25% in just 3-5 months. I suggest you to put your hard earned money in fixed deposit for 5 months. With this you will not get 25% but at least you will get 1-2% of your requirement. Rest of the money you should arrange from Bank as a loan.
• India
1 Apr 09
Hi Deepika, Share market is definitely a good place to invest but not when the money you want to invest is for some purpose. It's a gamble and you never know what happens next. You may not ask for money in 3 to 5 months from your friends but just imagine if you loose that 75% then probably you will have to wait to construct your house for next ????Years. So do you want to take that bet. It will be good if you want to try your luck so invest 25% in stocks of A rated companies and 25% in gold and keep the other 25% in FD's so that in six months you will be able to sum up the profit and loss in this diversified investments and definately you will be able to get additional money you need.
@parvezs (106)
• India
1 Apr 09
Investing in share market is a game of luck. We have to be very careful and always alert about the ups and downs in the market. We should keep checking market rate always. No one knows after investing whether it is going to give you profit or give you a big loss. I have seen many people gaining a lot through this and many gone in debts and suffering loss. If you are investing then all the best.
@btt2005 (162)
• India
1 Apr 09
If you are planning to construct a house within 6 months, don't go for share market. Because, you will not get the money as per your calculation. You may get or you may not. There is no surety. 90 % chance is you will not get the money back as per your calculation. I have been doing share business for the last 7 years and if I calculate my profit/loss it is a loss only. The same story is for my all friends here. If you are interested in share market, you have to invest the money for a long period. Then only you will get profits. That means, only the surplus fund you can invest in shares, otherwise you will fall into trouble. Your plan of investing 75 % money in share market and making 25% from it is just like taking lottery ticket only. The difference is, in lottery you will lose small money if you are not winning, but here your hardearned money may get trapped for many years. I have aroud 5 lakhs trapped in share market, which I needed to constuct a house. So now, I am waiting to get even my principal amount atleast.
• India
1 Apr 09
Hii deepika, share market is a unpredictable game, you can earn a lot there and also you can lost whatever you have. but as your name suggest you are an Indian and the time we are going on is quite good to invest in share market, because market is at quite low point. If you invest some money for a longer period then you will definitely get good results. But before investing concern with some of your relatives or friends who has some knowledge of share market. Well you can invest in some good companies like reliance, tata, maruti, or some govt. banks and organizations like hpcl, ongc Have a great day ahead best of luck