How profitable is investing in the stock market? And how does one start doing it?
It is very profitable to invest in the stock market if your plan and strategies are perfect and effective. The effective plans are formulated on the basis of technical and fundamental analysis along with many other factors to predict the market.
Anyone can start investing in the stock market. It would requires the following things to start investment.
- Open up a demat account.
- Avoid investing savings.
- Maintain investment discipline.
- Manage risk and money wisely.
- Consider diversified portfolio.
- Have a Long-Term Goal.
If you follow this steps then you should be able to invest successfully. However, market is a very risky place due to its highly volatile market. It would require experience to trade professionally with low risk. So, you can take the help of an experienced advisory firms to get the profitable best MCX tips based on technical and fundamental analysis of market.
(Source: https://www.quora.com/How-profitable-is-investing-in-the-stock-market-And-how-does-one-start-doing-it )
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