Business: How not to lose Rs 1 lakh in 1 minute

Avatar Click Here for Original Story: http://www.rediff.com
posted by garfield79 1576 days ago
This guy Anish Pillai a software professional lost 1 lakh rs in 1 hour in January Crash. He offers some advice to people like him to avoid the mistakes he made. ~ Always keep your portfolio diversified in terms of sectors/companies ~ Don't let any stock to make up more than 15-20 percent of your portfolio ~ Don't get into margin trading, if you cannot predict the market behavior. It's a very lucrative opportunity. But it is a very dangerous game. No one can predict when it will rip you off your holdings. ~ The funds you invest in markets should be a part of the residual amount of your income after you meet all your expenses. So that you can hold on patiently at times like this when the market conditions are not good.
discuss | tags: sensex stock markets crash advice all | category: Business | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas

comments


To login and comment on this story register here .

See Also