In our last blog, we talked about some of the behavioural biases and mental pitfalls investors suffer from. We ended our blog with a promise of more to come! So here it is… a few more behavioural biases and ways to overcome them. Permanent bulls and permanent bears: We have this habit of hanging on to our views for too long and are able to adjust very slowly. In the stock market, there are some who are permanently bullish and some who are permanently bearish, about the market. Both generally fail to make money in the market. A general observation about analysts is that they are reluctant to change their stance (from buy to sell or vice-versa) even when the facts demand a change. Primary reason for this is the fact that the analysts have spent time and effort in coming up with those views in the first place. This […]Read more
Last week we introduced you to ‘the Power of 2’ by MoneyWorks4me and how it can help you to make the right stock investment decisions everytime.
This week, to take this further, we are sharing an interesting story with you in form of a customer’s experience that will take you through the a several benefits of using the MoneyWorks4me Power of 2 in different investing scenarios!Read more
Choosing the right stocks to invest your savings in is always the most difficult decision for any investor. This might give you sleepless nights wondering- Is this the right company to invest in? Will this company perform in the future? Will the prices move up or go downhill from here? Will I finally get good returns or bear losses? Finding the answers to these questions and taking the right decision is the key to investing successfully.
And to help you do this, MoneyWorks4me brings to you, the Power of 2 – an experience that will help you make right stock investing decisions with unbelievable ease and speed! Let’s find out how…Read more
Have you ever wondered why your friends earned money by investing in stocks but u did not, especially since you both invested in the same stocks? This is a thought that bothers many of us, doesn’t it? The answer is very simple – Stock Investing is a game of different strokes for different folks. And this style depends on your risk profile i.e. the amount of risk that you can take on while investing in stocks. One style may work for your friend and help him earn great returns, but the same style may leave you in losses.
Hence, the first and the most critical step while investing in stocks is to know your risk profile and then decide on what kind of stocks you can invest in.
Click here to find out your risk profile and the investing strategy that best suits your profile?Read more
Over the last year or so, the stock market has been on a roller-coaster ride, thanks to a plethora of global and domestic problems. While there is an opportunity to buy the best stocks at bargain prices in such a scenario, there is also the possibility that you end up making wrong stock investment decisions. The situation becomes dangerous if you load up your stocks portfolio with many such stocks which can make you lose your shirt at the stock market.
So, is your portfolio strong enough to withstand these turbulent times? Or do you have ticking time bombs in your portfolio? And how can you correct your portfolio to get maximum returns?Read more