You may be a rookie investor, but that doesn’t mean you wish to create costly rookie mistakes. Follow these seven golden rules and you’ll get on the trail to success. Find the Best ways to investing Money and therefore the safest investments.

1. Play the long game

Never invest in short-term goals. Stock Market movement is always unpredictable with regulars ups and downs in its own natural cycles that can’t be timed. Investing money for fewer than three to 5 years doesn’t provide you with enough time to rebuild asset value if you hit a downturn at the incorrect time.

Always have this point in your mind: ‘Your Future Start along with your Present Day Investment ‘.

2. “Don’t put all of your eggs in one basket. Basket May Fall “

Don’t put an excessive amount of your money in any one of the stocks or bonds where one issue could destroy your wealth. Diversification is the key, choose low-cost index ETFs and avoid stock picking if you are unaware of the market.

3. Make investing a monthly habit

Despite headlines continually calling a market top or bottom, nobody can accurately determine where we are within the cycle at any given time. The most effective way, ensuring that you just shop at the correct times is to form a monthly investing habit. Invest monthly, no matter where or what market performance is.

4. Invest only what you’ll afford to lose

Investing is risky. While the long-term trend has historically been upwards, there are years of deep declines. If you would money in the near term, or the thought of seeing your account balance drop 20% makes you sick, don’t invest those funds.

5. Don’t check your portfolio daily

Investing is one place where the head within the sand strategy may well be the neatest method. Organize auto deposits into your investment accounts monthly and only scrutinize your portfolio once every three to 6 months. This reduces the likelihood of panic selling when the market falls. Add in additional money when everything looks like rainbows and butterflies. Averaging always helps in the longer term. 

6. Keep your fees low

Mutual funds and ETFs have expense ratios. Many brokerages charge expensive trading fees. Investment providers from financial advisors to robo-advisors charge management fees. These fees eat away a part of your wealth over time.

Sticking to index funds and ETFs keeps your fees low while guaranteeing you see the performance of the market also you’ll be able to keep more cash in your pocket.

7. Hear Warren Buffet’s investing advice

Warren Buffett is possibly the leading prominent investor in history. He’s created a multi-billion-dollar net worth in only one generation. Learn from his advice to take a position for your future.

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

“I never invest in anything I don’t understand.”

“If you don’t find a way to make money while you sleep, you will work until you die.”

“The stock market is a device for transferring money from the impatient to the patient.”

“It is not necessary to do extraordinary things to get extraordinary results.”

How to Start Investing Today

At EquityGyan.in, our highly performant team, gives you strategies that do wonders. We handle 120 Crore worth Portfolio and our customer case is increasing every day. Join us. 

“Your Future Start along with your Present Day Investment “.