Investment Tips: If you want to become a successful investor, then this Navratri is a good time to learn three essential features from women investors.
Investment Tips: Navratri has its own special significance in India. Navaratri is known as the celebration of the victory of good over evil. Navratri is celebrated before Diwali, the festival of lights. It is here that the first winter season begins. This is the time when customers come to the market for customer shopping. Actually, this festival also signifies something new, where we think what we should do or want to do next. This is the moment when we pledge to learn, progress and move forward with renewed vigor and enthusiasm. In such a situation, many people give importance to new investment around Dussehra.
Navaratri is also considered a symbol of power. In such a situation, we will tell you that if you want to become a successful investor, then it is a good time to learn three essential features from women investors. Here are three of his most important features, which you should adopt.
1. Readiness in the market
Many women investors have made a special place or reputation as successful traders. You must be wondering what the secret of his success is. By showing readiness in the market, these women investors continuously studied the market, and achieved success with their trading experience. Showing readiness in the market means that as an individual investor, you should have an investment policy to meet your manifold financial goals. For example, from retirement planning to creating funds for plan expenditures, and from earning wealth to building wealth.
3 Important Factors: Before starting your investment journey, you should also consider three important factors. In which to make an investment strategy based on your personal financial goals, whether it is short term, medium term or long term. Second is to know your risk appetite and third is to focus on your preferred investment style.
Before investing, it should be prepared: As an investor who has just started trading, you should have a good understanding of the market. Like successful women investors who have shown readiness in the market, you should always remember the major changes in the market. Do not invest directly to get rich immediately. Showing readiness in the market also means that before investing, you should research the market thoroughly. Also, some important parameters should be understood, such as market capitalization, debt to equity ratio, price to earnings ratio, net income, growth in income, issue of dividend.
2. Continuous learning
This means that you not only learn about trading on a day to day basis, but also apply the things you learn during trading. Constant learning is the hallmark of success, whether you are working in an investment driver’s environment. Along with your daily activities, keep learning a little bit about the stock market, over time you can also join the list of successful investors. As successful women investors have shown.
Continuous learning also means building a good investment portfolio. Keep in mind that the stock market gives you the benefit of diversification, where you can invest in stocks, commodities, futures and options and currency. Along with this, you have to constantly focus on macroeconomic indicators, which have a great impact on the market.
3. Be patient
One quality of women is patience. With a long-term investment policy in place to get profitable and competitive returns, you have to avoid emotion-based investing at all costs. According to successful women investors, trading should be relevant to practical considerations such as market moves and company reports. If the market suddenly starts to fall, then it will be the time to test your patience and emotional intelligence.
At this time of examination, many investors are nervous about buying and selling. This is not the quality of a successful investor. Remember, the market can rebound after a certain period. Many times, when the market falls, successful investors stick to their investment policy. Experienced investors / tend to follow the basics of the market.
(Author: Prabhakar Tiwari, CMO, Angel Broking)