There are two major reasons why losing money is good for you:
1. You pay less income tax.
2. You learn from your mistakes. If your stock market picks or IPO picks were perfect, if you won every single time, you would be piling up lakhs and lakhs and crores of Rupees. But, you never would have learned anything.
THE THREE RULES FOR LOSING THE MOST MONEY IN THE SHORTEST TIME
1. BUY WHATEVER THE SMS IS ABOUT
Who among us hasn't received a SMS from some "unregulated entity" saying something like: "Friday afternoon is the last chance to come-out. Global market meltdown. Exit immediately". They are every other hot idea under the Sun. And, you can't lose. These people are willing to help you to invest your money until it's all gone.
The easiest way to avoid them is to ask how much of their own money they have invested in this great sure-thing investment.
2. NEVER BUT NEVER TAKE A LOSS
How can I lose a great deal of money if I never take a loss?
It's simple; buy a stock at Rs.1,000 a share and hold on to it for two or three years, as it declines. Now it's selling at Rs.300. "If I haven't sold it, I really haven't lost anything." YES ... RIGHT! This stock may never get back to what you paid for it, but what is even worse, you might have sold the stock somewhere along the line and reinvested the money in something better.
Don't be an amateur! The perfect human being hasn't been created yet, so therefore, the perfect investor hasn't been created yet. If you expect to be perfect in the stock market, you are in for a terrible disappointment.
3. FOLLOW STOCK TIPS
I will never understand why intelligent professionals and businesspeople, people who exercise such good judgment in their own businesses, will use such poor judgment when investing in the stock market.
For example, take a man about to buy a shirt enquire in three or four shops to know its fair value. This same man comes into the broker's office Monday morning and buys 1000 shares of a Rs.100 stock because some stranger whom he met in the Club, told him that the stock was going to go up. It sounds crazy but it happens ... far too often.
You can't do everything yourself. You certainly wouldn't study medicine in order to remove your own appendix. Gather information.
2. BECOME RICH ... SLOWLY
Lack of patience is probably the biggest single impediment to success in the stock market. The rewards of your professional life probably came after many years of hard work. And yet, when it comes to investing that hard-earned money in the stock market, you expect to win right away, and every time. Prime investments, like fine wines, mature slowly.
3. UTILIZE WHAT YOU ALREADY KNOW TO CREATE TREMENDOUS PROFITS FOR YOURSELF
You may not know how much you really know. There are many things which you already know about your company, your industry, your suppliers, your competitors, and important items which appear in financial magazines which could be profitable to you. Very often, by the time news reaches the business section of most newspapers or even TV, it's old news.
Combining your own knowledge and information with some stock market savvy could lead to very big profits.
TACHNOFAB KI LISTING HOTE HOTE PRIMIUM 40+ HO SAKTA HAI OR OVER SABSCRIP (15 TIME)TO YE PRIMIUMBHI CHHOTA LAGE GA...... CURRANT PRIMIUM 12/13 CHAL RAHA HAI...
B POSSITIVE S O N I Y A......... PRINCEEEEEEEEEEEEEEEEEEEE
Do the promoters think that the investors are fools? They are asking for a PE multiple of around 70! The company is in its 92nd year of existence. Perhaps for each year of existence they are asking 1 Re extra or even more than that! How I wish the grading includes the price component as well.
If you want to remain Media than BUY SANDESH LIMITED. Book value :- 305 Market Price :- 215 P/E :- 4 EPS of last year :- Rs. 43/- Now Sanesh in relaty also. Times group 10 % holding at Rs. 263/- since last 3 years. One year Target :- Rs. 500/-
As thought earlier Hindustan media has come out with costly ipo.What good is the management when its issue price is not cheap.What is great about 4/5 rating ?