Showing posts with label Personal Finance. Show all posts
Showing posts with label Personal Finance. Show all posts

Wednesday, April 22, 2009

Common mistakes an investor makes in Stock Markets.

Many people loose money by investing in stock markets and then they curse the markets.
So a suggestion is invest sensibly. Invest Smartly !

Here are few common mistake which people make.
  • No proper planning.
  • Aggressive Buying without knowledge about the company.
  • Aggressive Trading.
  • People keep on Trading in fact over trading.
  • No balance between various kinds of Investments.
  • Not Investing for long Term.
  • Speculative Trader.
  • Sell even when a minor uptrend is seen.
  • Taking loans to invest in Stocks.
  • Borrowing money from Friends and Relatives.
  • Only depended on Analyst views.
  • Follow Tips what others give and not putting your own value inputs.
  • Depending on an unreliable person for help.
  • Investing full amount in Penny Stocks.
Among these the most common once are Depending on Tips by Analyst , Aggressive Trading and Investing in Penny Stocks.
During bull run we saw that people took loans for investing keep their house property as mortgage and lost a huge sum of money. Few people also borrowed money from Friends and Relatives.

Thursday, February 12, 2009

Ways to make extra money.

I was recently surfing net and came across an article 52 ways to make extra money.
I was Impressed with those ways but the ways which I liked were -
  • Blogging.
  • Writing a E-Book.
  • Sell Digital Photos.
  • Become a Ticket broker.
  • Sell your stuff on Ebay.

Things I would add.
  • Do what you like and be creative.
  • Go for consultancy business.
  • Become a mutual fund sub broker.
  • Become a financial advisor.
  • Become a pro blogger.
  • Sell start up ideas.

Over to you. Share your ideas by commenting.