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With Diwali being round the corner, it is a good time to invest in the share market. However, the market is going through uncertainty and the atmosphere is not supportive of growth. If you wish to make money from the share market, then you must be alert.
On that note, Morgan Stanley India’s Managing Director Ridham Desai is here to advise on how to earn some money from the share market this Diwali.
Good Time To Make Money
If you wish to make money from the share market, then you must be alert. One must play according to the prices in the share market. Invest in shares when the prices are low. Once the price increases, the shares should be sold. The share price has fallen to a great extent now. In such a situation, it is wise to invest.
If the price falls further, then invest even more. Always keep some cash in hand.
Never invest 100 percent in the share market. Stock market is always a risky investment. When the share price increases, the risk is the highest.
Invest a little money every month in equity. This way you won't be concerned about the timing, because time is more crucial than timing in stock market.
Elections will come and go. If you invested in market during elections in last 30 years, you would have turned rich. Elections are appropriate for short-term trading. But on what basis can you predict the elections? If the election results are not as per the market and the share price has fallen, then the cash that you have in hand should be used to invest in the market.
The government has made it clear that there is no question on the independence of the RBI. There is no debate about their independent position.
(This was originally published on Quint Hindi)
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