My 10 mistakes in Stock Market

राकेश त्रिपाठी 'बस्तीवी'

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When I started investing in stock market, no one was there to suggest me any thing. In last 5 year I learnt many things in hard ways. I wish to share my and my friends top 10 mistakes in Stock Market.

1. I assumed that stock market can go only up, and if ever fallen, its a buy opportunity. This is a very wrong assumption. Because there must be some valid reasons too, to fall in price apart from speculations. Otherwise who want to sell cheap things. Other reason is that if some thing can fall 10-20%, it can fall 40-50% too. So wait patiently till market get crashed or invest small portion on regular basis.

2. I took loan from my friends and banks. I assumed that I can earn more than 10%, so I will keep the rest of money. This is where most of the people like me are wrong. You can not invest borrowed money, its only spare money which one do not required for many years can be invested. But surely you can do investment for some one else, like many investment adviser do.

3. I sold my winning bets and kept loss making companies in hope that one day they will become profitable. In fact, I keep adding more shares of loss making companies. How can some one cut a blossomed tree and keep the fruitless trunk.

4. I was bit impatient with my investments. I thought few months are enough to earn big profit. You keep feeding your kids for 25 years without any expectation and expecting your investment to enrich you on daily basis, is a fools paradise.

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My 10 mistakes in stock market