Want to Start Share Trading.. Need Suggestions

Captain wrote:

… … …
otherwise a super rich guy like you might have to pay heavy taxes

I will suggest you don’t trade in shares
Just invest in gold or silver.
Silver has came lowest rate from last two years
This is best time to invest in it.
Or invest in gold mutual funds
As I am in jewellery line I can tell I there’s low risk in this market

aaryar30634 wrote:

I will suggest you don’t trade in shares
Just invest in gold or silver.
Silver has came lowest rate from last two years
This is best time to invest in it.
Or invest in gold mutual funds
As I am in jewellery line I can tell I there’s low risk in this market

Please guide on how to invest in Gold Mutual fund..:roll:

aaryar30634 wrote:

I will suggest you don’t trade in shares
Just invest in gold or silver.

As I am in jewellery line I can tell I there’s low risk in bullion market

Brother, just look at how one’s advice can affect others.
just see sabya7’s request ↑ above.

asking a new person who is getting into financial investing to go for sectoral investing instead of diversified investing is practically asking them to →

We are all aware that Commerce Ministry (read: Hon. Minister Nirmala Sitharaman) is not even kept in the loop by RBI or Finance Ministry about proposals to change duty structure or deliberations on other non financial measures.

Agreed that demand in this quarter is high [festive and marriage season] and unlike UPA that put import duties on yellow metal at 10%, now they are down.

But please be aware why UPA wanted less imports of Gold? [Keeping CAD under control]
India’s current account deficit is assumed to remain around 1.4% of GDP in this fiscal.

But if crude prices go up from their four year lows, then again ONGCs and Reliances have to spend more dollars, and then again the government or RBI may impose restrictions on gold import [to save forex].

Currently (last month/October data) gold touched a low of Rs.1222.5/ troy ounce against Rs.1316.2/ troy ounce for the same time one year back,
so what you are saying is correct, it is at a low.

But remember that the world expects the Fed [U.S.A. Federal Reserve] to raise interest rates in mid-2015 on back of good economic data! What if that does not happen??

Will it be best for a new person to put all their eggs in one basket?
Try reading up on the concept of ‘risk adjusted returns’ ! [fool dot com is a nice place to start]

aaryar I meant fool.com , it is a real site, please do not take it as me being cruel or sarcastic.
I am sorry if seemed like that.

I have lived that site for almost over 15 years now.

investopedia.com et cetera came much later. (some time in early 2000s i think)

Captain wrote:

aaryar I meant fool.com , it is a real site, please do not take it as me being cruel or sarcastic.
I am sorry if seemed like that.

I have lived that site for almost over 15 years now.

investopedia.com et cetera came much later. (some time in early 2000s i think)

You look/sound very knowledgeable in this domain, i have to start researching more before i get into this since i am more scared to get into this. do you suggestion mutual fund to start with then?

Bohra wrote:
do you suggestion mutual fund to start with then?

Bohra bhai, such piecemeal Q&A sessions might leave you more disoriented with the large choices and decisions to take.

Think of the kind of diagnosis and analysis any ayurvedic vaid or a modern medicine doctor does of ones medical health and needs.

Before blurting out do this, don’t do that: one ought to understand your financial health or at least the goals/ objectives.

Giving blind advice would be unethical, really.

Of-course, if you want a timepass, no gyaan type reply; then

all I can say is that; depending on how much you are acquainted with the financial field or business and economics in general or the kind of guidance/acquaintances you have around you to cover your back -

You may start with moderate ‘investments’ [NOT trading] in either ways [direct or indirect equities: self versus MF]

but truth be told, I am just not comfortable giving on the spot answers.

One has to look at persons age. [earnings, present corpus, future income generation capability]
One has to look at persons risk appetite. [I mean look at Ishan, he sounds like my Uncle in his risk appetite part. But unlike my Uncle, he is not going to settle for low/ average returns]

One has to look at your financial outgo’s in near future or over a period of time [getting married funds needed, or xyz’s higher education fees needed or sometimes one can only invest ‘n’% of the income due to high expenses]

Its better to sit with someone in a structured way to run through some things.

You know !

sabya7 wrote:

Arun Modi & Narendra Jaitley

Jyst rmundee abut vivija and natru ki bajli (neo)

one thing I can say with 101% confidence is that

Please do not fall into this typical Indian beeeep of using insurance as investment.

Insurance: the very word means to protect against risk FULL STOP
[the word ‘insurance’ and profit/ ‘returns’ in the same sentence is the worst thing and no purist will appreciate it]

Only in a pathetic socialist Republic set-up can government allow subsidies [tax-breaks] to crooked robbery [investments masked as insurance – ULIPS].

If you are so inclined to insure yourselves, just take a term-plan for up to say 3-4 times your expected income/ worth in next 3 years.

Term Plans are cheaper than any other life insurance. [no return. Some companies/ plans do have nominal return of premium component]

you will still be left with enough monies to then go about investing in other avenues.

@Bohra bhai; assuming you are not too old but also around 30; never too late to understand the magic of ‘compounding’.

It is not the timing that is important; it is the total ‘time’ you remain invested that is important.

Just start investing regularly immaterial of when the market will fall (I will buy later).
Eventually like the crow and water in the pot story the corpus really swells as you earn return on return. [100 – 110 – 121 – 133.10 – 146.41 – 161.05]

even if an investment (shares/ Mutual fund scheme NAVs/ bullion) keeps growing slowly at 10% look what it becomes in 5 years.

if your main line of work is really hectic or stressful and you would rather spend time with family or self, instead of weekly analysis or checking of various parameters
then its better to let someone else manage the monies.

also, if you are young and go-getter who says; I can bear a loss up to this level and can always earn through my regular job/ profession in the next 20-30 years: then no harm to tackle riskier stuff like direct equities.

Just remember, even in long term investments you must still keep a monthly/ bimonthly check on happenings in general (business environment) and how your investments are performing.

→ if you let elseone manage your monies then seek trustworthy advice of someone who has used a reliable PMS [portfolio management service] one big chunk invested . . . . . . . . . OR
go with diversified or sectoral funds (or riskier complicated schemes based on bullion/ forex/ derivatives) and can always buy little little regularly over a period of time.

This is also simpler because the idea of ‘SIP’ [Systematic Investment Plans] are well rooted in the Indian psyche.
This allows you to invest as little as say Rs.500 every month, so you get more units when market falls but your fund value too increases when markets rise. Prices average out, but taxation too has to be looked into if you file returns.

@B@R_0_0_D wrote:@

Jyst reminded about vivija and natru ki bajli (neo)

Sir aap ko yahain paa kar atyaant khushi hui.

You are sooo rare now a days and even your desidime inbox seems to be too cluttered or something! [left you a message few days back, dunno if you got to read it]

aaryar30634 wrote:

I will suggest you don’t trade in shares
Just invest in gold or silver.
Silver has came lowest rate from last two years
This is best time to invest in it.
Or invest in gold mutual funds
As I am in jewellery line I can tell I there’s low risk in this market

Another analyst born!

What was gold doing for 3 decades till 2008? Why couldn’t it break 800USD barrier in so many years? Gold may not break the peak value again in the next 2-3 decades. What will be your advice then?

anyone having account in Zerodha or TradeSmartOnline(VNS) need ur advice and help….

Captain wrote:

@B@R_0_0_D wrote:@

Jyst reminded about vivija and natru ki bajli (neo)

Sir aap ko yahain paa kar atyaant khushi hui.

You are sooo rare now a days and even your desidime inbox seems to be too cluttered or something! [left you a message few days back, dunno if you got to read it]

i was also happy to see, when i was browsing on borrowed mobile,
just made an entry to let u notice me, no issues for pm,
as i am in NIRVANA now a days, using 5 fingures instead of 10.

dimepincher wrote:

Trading & Investing are 2 different ball games. If you want to remain an investor for longggggg term, don’t go for Zerodha as they don’t have depository services.

Technically incorrect. Zerodha will open all DP Accounts with its DP Partner IL&FS Securities Services Ltd. You also have the facility of linking your existing Demat Account to the Trading Account at Zerodha.

Hi,
If you into Forex then signals from 4xsignal.com is really profitable.
Also you may look around for Binary options which I have not yet studied.
Any suggestions are welcome.
Thanks