InvestorQ : How can we start to invest in either MF or stocks?
Nikita Damle made post

How can we start to invest in either MF or stocks?

ramya Bhaskaran answered.
3 years ago
Investing is not very very complicated. However, a few things that you need for starting any investment is to decide:

  • What amount you can keep aside for your investment?
  • What are your future goals?
  • How much money do you need in the future?
  • How long can you stay invested?

Now, if you’re willing to invest in mutual funds, one option you have is through Systematic Investment Plan (SIP). Under SIP, you have to pay a fixed amount monthly, quarterly or annually. A portfolio is built containing different types of instruments. SIP is managed by experts and all you have to do is to contact an agent or mutual fund companies that will help you understand better and build a most beneficial portfolio.

Investment in shares requires more effort as one has to gain an overall understanding of the market and has to be an expert in that field to stay in profits because one wrong decision can lead to losses. However, expert advice is available through different sources. You can begin investing in shares by opening a D-Mat account and then you can begin investing in your desired stocks. However, one should have a little knowledge before starting this kind of investment. D-mat account can be opened free of cost or with some brokerage, depending on your broker.

Before investing keep that in mind every investment involves risk. However, it can be minimized with proper strategies.