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Sunday, April 1, 2012

Stock Tips by Rakesh Jhunjhunwala

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Indian investor Rakesh Jhunjhunwala has made a big fortune by investing in Indian stock markets, His net worth crossed the $1billion mark in 2011. Professionally a Chartered Accountant who started as a small investor but now is a long term investor and probably the best known Indian investor. So here are the stock market tips from the legendary investor for Indian stock markets.

Indian Stock market Tips by Rakesh Jhunjhunwala:

Stock Tip 1: One has to be patient to get the right entry in a stock. Have an idea of company business and fundamentals to make money.



Stock Tip 2: Be optimistic in life as ups and downs in stock market are part and parcel of trading and Indian stock market will attain its peak in year 2010.
Stock Tip 3: Before purchasing a stock study its price history to avoid making mistake.
Stock Tip 4: market is always correct in long term period. Avoid speculation.
Stock Tip 5: Good opportunities be executed without waiting.
Stock Tip 6: Try to buy a stock at correct price and for that a keen eye is required.



Stock Tip 7: Let the profits run and cut losses is basic mantra to make money.
Stock Tip 8: Identify a quality business and invest in it rather than running after companies.
Stock Tip 9: Keep greed under control and do keep booking profit.
Stock Tip 10: Choose investment as a passion and is not a profession and it sums up the reason for success.
Stock Tip 11: Take independent decisions.
Stock Tip 12: Be open to learning and take losses with a smile.
Stock Tip 13: Be ready to have losses as in a war a number of battles are lost before one makes money in stock market.

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