Where would you invest?

India
February 13, 2007 4:02am CST
Would you invest directly into equity market or through Mutual funds? Would you prefer growth or dividend option?, if so please educate me as to why you would choose that option
1 person likes this
1 response
limitup
@limitup (324)
• United States
20 Feb 07
I invest in growth stocks, but I did a lot of homework first. I found that you need a long-term plan and you need to hold stocks for years at a time. Day trading is only profitable for the very smart and the very disciplined (and even still it's very hard). A good start is to read: "Market Wizards" "The New Market Wizards" "Reminicences of a Stock Operator" Anything by Warren Buffet Anything by Ed Seykota And also go to this site and practice trading with fake money in their trading simulator as you learn: www.investopedia.com The two golden rules: 1. Let Winners Ride 2. Cut Losses Short Kudos!
1 person likes this
Bangalorean
@Bangalorean (1282)
• India
20 Feb 07
I appreciate your effort in making things simpler to me
limitup
@limitup (324)
• United States
20 Feb 07
You bet. Let me clear one thing up, though. I typed it up pretty quick. The two golden rules I state are actually different from what Warren Buffet teaches. Warren Buffet says to research the fundamentals of a company very rigorously and then to buy and hold for as long as possible, regardless of you losses. But most top traders say to cut their losers short. Anyway, whatever trading method you use, there's always a strategy to use to become extremely profitable. Here's an article I made also that may help. Huge Stock Trading Misconceptions http://funuselessstuff.blogspot.com/2007/02/huge-stock-trading-misconceptions.html
Bangalorean
@Bangalorean (1282)
• India
20 Feb 07
that was quite informative article.Please pass me some-more suitable links if any