Message to Young Investors

10 Qualities of a young Investor

Pre-requisites of a young investor:

1. Discipline – Most essential quality.
2. Ability to follow rules
3. Love for hard work.
4. Ability to identify mistakes and rectify them
5. An investor must be skilled in reading and understanding financial statements.
6. A trader should have good knowledge of technical analysis.
7. One must spend time on study, analysis and preparation of trading plans.
8. Youngsters should find good role models like Warren buffet, Mark Faber, Peter Lynch, Rakesh Jhunjhunwala etc.
9. Never hesitate when it comes to investing in knowledge.
10. Young investors would do well to make long term plans and goals and work towards achieving them.

Message to young investors:

1. Have a definitive goal in life and work towards it.
2. You should sacrifice some hobbies in order to achieve your goal.
3. Dissociate yourself from people who have a negative influence on you.
4. Dare to dream.
5. Do not afraid of failures.
6. Be open to change and in imbibing new ideas.