while i was sitting in my room & going through a magazine i read an article on Mr. warren buffet. Then idea shook my mind why not to interview a broker at ludhiana stock exchange. I had a friend who is working as CA trainee at stock exchange. she gave me list of emminent brokers .
Finally i decided to visit Mr. Rajneesh Garg. B.tech by qualification , He did job during initial days of his career. His father was investor i the stock market which pulled his intrest in this business.
Somewhere in 1990's LSE advertised for 25 membership cards. After applying & later clearing the interview he left his job and began his journey.
As this was risky venture he needed someone to guide him . His father with his experience guided him all the way in selecting the company & keeping into consideration other imporatant things before investing.
Working 24*7 and maintaining patience skilled him with exponential growth thus making his life smooth.
VARIOUS TIPS THAT HE GAVE
- Dont be hasty, be patient.
- Respect advice of learned & experienced people.
- Be ready to take loss & that to at right time because if one doesnt realise the right time of taking loss then entire capital may wipe out.
- For long term investment look for the credibility & honest of the management which can be judged by checking the balance sheet of company ( Income tax paid , dividend declaring policies etc play vital role .)
- Then look for other fundamentals that reveal future growth of the company (cheking EPS & ROI etc )
I would end up by saying that people say dealing with stock market is gamble its a myth . All you need to do is lots of research & mind application before investing. Even if one starts up from very little capital can reach new hights just by applying mind , being dedicated & GURU MANTRA IS BE PATIENT.
