Don’t Panic: – The share market is very volatile. Believe that. It will stay very fluctuating. Don’t Panic. If the rates of your stocks or commodities have very plummeted, there is no any reason to wish for to catch rid of them in a scurry. Stay invested, if nothing essential about your corporation has changed. Ditto, with your MF (mutual fund). Does the NSA (Net Asset Value) deep dipping and then increasing slightly? Just Hold on. Don’t put up for sale unnecessarily. Always watch news headlines and Online Commodity Tips and Market Trend.
Don’t Make Huge Investments: –When the share market very dips, go ahead and purchase some stocks. But don’t invest vast amounts. Select the shares in the stages. Keep a little money aside and zero in on some companies you think in. When the marketplace dips — buy them. When the marketplace dips once more, you can choose up some additional. Always keep buying the stocks periodically.
Everyone knows, that they must buy when the marketplace has reached its minimum and sell the stocks when the market reach your peak. But the truth remains, no anyone can time the marketplace. It is not possible for an individual to state, when the stock rate has reached the bottom level. Instead, the buy stocks over a time period; this way, you will standard your costs. Select a few stocks and put in with them gradually.
Ditto with a MF. Invest little amounts gradually using a SIP (Systematic Investment Plan). Here, you spend a fixed amount each month into your money and you get units owed to you.
Don’t Chase Performance: – A stock or commodity does not become a fine buy merely because its rate has been increasing phenomenally. Once the investors initiate selling, the rate will fall drastically.
Ditto with a MF. Every fund will demonstrate a great profit in the present bull run. That does not build it a fine fund. The track the result of the support over a bull & bear market; only then build your choice.
Don’t ignore expenses: – When you sell and buy commodities or stocks, you will have to give a brokerage fees and an S.T.T (Securities Transaction Tax). This can nip into your gains specially if you’re selling for little gains (where the rate of the stock has increased by a few rupees). You can also follow experts advise or tips such as Free Commodity MCX Tips and News Headlines.
With MF, if you have earlier paid an access load, then you most likely won’t have to give an exit load. The entry loads and exit loads are fees levied on the N.A.V (Net Asset Value) (rate of a unit of a support Entry load is levied, when you purchase units and an exit load, when you vend them.
If, you sell your stocks or commodity funds within a year of the buyer, you end-up paying a short term funds profits tax of the 10 percent of your net profit. If you put up for sale over a year, you give no tax (long term capital profits tax is nil).