Make sure you diversify your portfolio by investing in a variety of stocks, bonds, and other asset classes
Don't invest without doing proper research. Studying the company’s balance sheet, management quality, competition and industry trends is always a good idea. Make sure to do your homework before investing
Keeping a stop-loss allows investors to limit their potential losses by automatically selling a stock when it reaches a predetermined price
Don't follow the crowd while investing. Evaluate each investment opportunity on your or with the help of a registered adviser
Don't buy and sell stocks based on short-term trends in the stock market. Consider low-cost index funds or ETFs that track the performance of the overall market
Don't forget to evaluate a stock's long-term potential rather than just focusing on its recent performance
Investment decisions based on emotions like fear, greed or hope lead to poor outcomes. Try to stay rational and disciplined when making investment decisions
The financial year 2022-23 will be remembered as one of extraordinary upheaval for investors. Indian markets were volatile amid high inflation, aggressive monetary policy stance and the Russia-Ukraine crisis. Over the past one year, Sensex gained 0.72 per cent while the Nifty 50 was down 0.6 per cent