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.
nice tips to pursue success...
ReplyDeleteAwesome...g8 work...keep it up...seriouslly i liked the tips given by Mr. Rajneesh Garg....
ReplyDeleteNice tips for bingers in the share market. Really helpful material good work.
ReplyDeletejasmeet you done a great job. i agree with the tips that given by Mr. Rajneesh is that patience is must to run the business successfuly and we should always learnt from expierenced persons .
ReplyDeletenice
ReplyDeleteawesome, really nice tips given by Mr. Rajneesh..
ReplyDeleteHaving Experience always pays you, his father provided him that very well.
nice work..
Wao!!!
ReplyDeletegreat piece of advice i must say...
There s lot to be learned..
nice one but u could do better
ReplyDeleteit shows that u belong to commerce background... but nevertheless Good work done. something that's knowledgeable for all.
ReplyDeletegreat tips.....!!
ReplyDeletedefiniatly one shold follow these tips to b suuceessful businessman
Great work....it's true that u need a lot of patience to be a successful person...success comes to many persons but to be successful during your lifetime is really difficult....
ReplyDeletestuti dont say commerce background agar vo start karti to space kam pad jati...:P
ReplyDeletedis is jst u can say kinda cover story..!
good job jasmeet......keep it up
ReplyDeleteVery well, I have something to say:
ReplyDelete* Warren Buffet, with whose name you started this post, brought his first share at the age of 11. He was very hasty and I think, everyone can afford that if he knows his game. So, have that burning desire but pla with vision.
* Sometimes, going against the well known expert public opinion is helpful. People pull their money out in turbulent times. Robert T. Kiyosky worked the opposite way and is financially free at age of 45.
* Taking a loss might be good at certain fields but if you aspire for something like para-gliding or sky-diving, failure is not for you.
* Credibility of company by looking at balance sheets and tax returns???? Your friend is a CA, ask her and she will cook it the way YOU want. Satyam was very credible publically till Mr. Ramalingam Raju didnt confessed everything.
* EPS and ROI is good to look at for people with finance, commerce and management backgrounds but for a general investor, technical jargon is bit to much.
But yes, commendable effort Jasmeet. Try professional blogging and do take care of grammatical tid-bits ;)
(Hey! Somebody asked for CRITICAL comments!)
niice work jasmeet
ReplyDeletehelpful tips for person to start new venture.......
thank u yatin i expectd such comments jst 4m u....
ReplyDeleteand if you talkd abt warren buffet let me tell u at age of 6 he purchased six pack of coca cola a made profit of 25 cents...
d problem is he wasnt hasty ...he is diffrent 4m nrmal ppl...LEARN 2 EARN MONEY..
rest y u jst talking abt raju....check balance sheet of any co. u'll find same thngs done...
rest loved ur comments dear
Great job JASMEET....u have presented the story very well.......
ReplyDeleteyes many of the people believe dat stock market is gambling......but with patience and experience one can learn to invest properly
ReplyDeleteabsolutely awesome advises by Rajnish Garg.and it is a nice lesson for all in this field.HAve to work and implement it.Definitly it will be a success.
ReplyDeletenice tip to achieve success..........
ReplyDeleteits worth learning.....
gr8 job
interesting article on the interview of a broker
ReplyDeleteits a gr8 job done Jasmeet..its really very helpful for new investors dat Mr.Rajnish has shown thru u. Hoping to see more articles on Equity market Jasmeet..thanx kip writting.Good Luck
ReplyDeleteHi Jas... Good u started :) Needs more work on finer details though... Investing is all about money, more of INVESTING tips & less of general gyan :)
ReplyDelete