Saturday, February 27, 2010

When I was novice to the stock Market

After I completed my college in 1999 never thought of investment or saving money.

In 2001 opened an demat account with ICICI (because some of my friends were doing that) but never put money in any of the stock because of fear of loosing money ( we have always heard stock market is bad investment option )
For 2 years I just paid yearly charges to ICICI for demat didn't invested any amount. Paid service tax for the services which I have never utilised :(

Now when I think about this, I should have closed that account and saved some money which would have been little more by now ( Money Saved is money earnerd )

Slowly, dared to buy some scipts based on suggestion.
It was too very hard to click on confirm button when I first bought 30 shares of TATATEA @ Rs. 108
But hesitation was so much that I sold them @ 106 just after 4 days thinking that it would go down. [I guess petions is required]
[Who knew that time that this stock can go and trade above Rs. 900 ]

But thats how you experience and learn.
Now after this I have experiecned lot of good and bad time with my investment.

I am choosing this medium to share my thoughts.
More thoughts to follow........

Note : Anything mentioned here on this blog is truely personal opinion.