With the stock markets trading at all time high levels, the influx of a large number of first-time investors suggests nobody wants to miss out on the huge market rally to gain handsome returns but what are the most important rules one must know of before beginning your investment journey? Vineet Patawari, Co-Founder and CEO Elearnmarkets and StockEdge spoke to Money9 and shared all tips and tricks one must adopt to make the best returns on their investments.
“Never lose money, the power of compounding and diversification are the three most important rules, one should be aware of when one starts to invest”
He also suggests how starting early is key to investments and by doing regular monthly investments and following in a staggered manner can help investors build a long-term wealth-creating portfolio. He suggests starting with assets with lower risk and gradually moving on to mutual funds and equities is the best way for investors to start.
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