Forum Posts

deeksha1809
Mar 02, 2022
In Welcome to GRM Forum
After 15 years of studying in school and college, you’ve graduated and you’re finally entering the so-called real world. Because apparently where you’ve been living wasn’t real. Semantics aside, it’s time to find a job so you can pay all those real-world bills. Look, it’s perfectly normal to be scared of life after college, but don’t panic because there are too many things to make you prepared for your first job. Students outside India are at better place at this time of the career because they provide many summer jobs, internships at the school level. Hence the experience of being in a job is already known to them. So here are few points that could help a fresher getting a better chance than others who had not followed these rules. HAVE A GREAT SKILL SET: There can be a plethora of job opportunities for B.Com graduates, the major game changer becomes the salary package and position and for that merely a B.Com degree is not enough. These days, organisations prefer candidates with additional practical skill sets. RELATED SHORT TERM COURSES: A student need to analyse what interests him and as per the inyterest should join some related courses for a short term. Like stock market, financial literacy, NISM exams, financial planning, banking & insurancedigital marketing etc. DO NOT JUST FOCUS ON ACADEMICS: Generally, students tend to rely only on the academic courses with no inclination towards acquiring practical skill sets. But students with practical skills and vocational courses are given more preference by recruiters. So, it makes much more sense for students to pursue a B.Com degree along with some other finance related vocational course. UNDERSTAND WHY YOU CHOSE B.COM: Most of the students get into commerce stream with no understanding of what it involves. Many students are under the false impression that career moves are to be made after graduation only. The more you postpone this decision, the lesser are the career choices you can make. Follow these pointers to be INDUSTRY READY and earn good positions with great packages. HAPPY LEARNING!
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deeksha1809
Feb 09, 2022
In Welcome to GRM Forum
“The stock market is down; the stock market is up.” Is this something new to you, then you are probably a beginner in the world of the stock market? As a beginner to the stock market, it can be a disappointment for some both financially and emotionally. So, the most important part of investing in educating yourself, then as a beginner, you will feel more comfortable An amateur always thinks about saving as it is an important step, however, they do not understand that the money they are saving now will not have the same purchasing power forever. This is where a beginner should be taught how investing can help money grow. As a beginner's guide, it is to be explained to them how money makes money for them keeping in mind the power of inflation. It is always good to start investing and especially investing in the stock market. Investment means “something in return” and investing in the stock market is quite unpredictable not only for beginners but also for the experts. The stock market is quite volatile, so the risk-takers always move ahead, whereas those who cannot take this much risk are afraid to begin and enter the market. Let us study Tips for Beginners who are starting to invest in the stock market. TIPS FOR BEGINNERS IN THE STOCK MARKET Open a Demat account and trading account- A person cannot start trading in the stock market without opening a Demat Account, it is an electronic account of holding shares and securities. A beginner cannot start investing in stocks without having a Demat account and a trading account. One needs to do thorough research of various brokers comparing their rates and services. A good broker will help you make transactions while taking a decent decision and also helps you track one’s transactions. 2. Buy and Hold- Warren Buffet once said, “If you are not thinking about owning a stock for ten years do not even think of buying it for 10 minutes.” Great businesses earn higher profits and returns over some time. An investor has a long-term horizon. It is a golden rule for all investors to invest in the long term and not for the short term. 3. Know your goal and timeline- Your goal will decide whether you need to invest in a volatile portfolio or less risky shares, then one might invest in blue-chip stocks, bonds. Etc. Even while opening your trading account the broker will ask you how much risk you are willing to take. 4. Be unemotional- The main obstacle to investment success relates to human emotion. Many beginners become greedy and euphoric when the prices are high and celebrate their winning rather than further making profits. Once the market prices go down, they become shaky and discourage themselves from buying. Whenever an investor is triggered by his emotions it will surely hurt their portfolio returns. To invest in the stock market as a beginner it is important to get prepared for the with the emotions as emotions letting you drive the decisions can lead you to lose money. 5. Invest your surplus funds- As a beginner, it is important to understand that only one’s surplus funds need to be invested in the stock market. The amount that will not affect daily life needs to be invested in the stock market for the short-term or long term as per one’s requirement. Liquidity of cash helps in some emergency funds, so do not block the cash in hand in the stock market. 6. Understand the basics of Investing- As a beginner in the stock market, it is important to know some basic terminology of the stock market and understand the basics of the stock market so that it is easy for the investor to trade in the market. 7. Watchlist for stocks- Once you have opened the Demat and trading account, understanding the basics of investing, and know your investment timeline, it is time to choose the stocks that are needed to buy. One can start picking the stocks with full fledge research of the financials, prospectus to know whether the company is worth investing in or not. As a beginner one should invest for a little long term with a less volatile stock and the companies you understand as a beginner. 8. Be inactive- There is not always something cooking in the kitchen, in the same way, there is not always something great to do in the stock market. A brilliant investment is quite exceptional. Even Warren Buffet uses to be inactive for long periods until the right deal comes his way. 9. Have an exit plan- If your investment goals are fulfilled, an investor can exit the stocks. It is easy to enter the stock market but quite a big question when to exit a stock. An exit plan should be in an investor’s mind before entering the market. Investing experience is an experience in itself, be a voracious collector of information, keep on reading and build networks. As a beginner an investor must understand how to be immune to emotional influences, not to think of what others think, and not follow the crowd. It is important to be disciplined and follow a strategy if an investor does not follow it, one is not able to earn many profits. As the stock market is a dynamic place an investor keeps growing and learning and the rest you may learn more lessons and experience as and when you will practically enter and trade in the market. Happy Investing and Learning!
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deeksha1809
Feb 07, 2022
In Welcome to GRM Forum
In this era of DIY’s, who thought we will come up with too many DIY investors in the equity market. The lockdowns in the past have created too many first-time investors in the equity market. This do-it-yourself concept is good in investment area where the investments are invested in valuable stocks and companies are earning good profits, but when the table turns or market show correction then these investors may get shaky, because they have at times such investors follow herd mentality. There are several ways an investor may enter into stock markets, may be on his own or wants to appoint an expert to manage the process for them. One may appoint a robo-advisor who offers low-cost investment management. There are no ground rules of investing in stock market, but one need to be fully aware of what is happening around. To become one DIY investor, one need to keep the following in mind: 1. Evaluate your comfort zone or risk appetite 2. Pay off your debts 3. Create an emergency fund 4. Prepare your personal financial roadmap 5. Be careful if investing in stocks Problems faced by DIY Investors: 1. Cannot anticipate the right time to sell. 2. Investing in blue chip funds most of the time, but these shares not always give great profits. 3. Cannot analyze when and in which IPO should invest. 4. Can only sense few market sentiments, not an in-depth study of The major point to keep in mind for a DIY investor is that he should not muddle up his mind with various things and create a great portfolio. If an investor shows sign of patience, discipline and behavior of ability to identify the investments then he can definitely go for DIY investing and create a long-term investments portfolio. If as an investor you lack in any of the traits of DIY investor or find it hard to cope with the updates, research of market, then you may definitely go for an expert advisor who can get you through great profitable numbers.
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deeksha1809
Feb 03, 2022
In Welcome to GRM Forum
Men can be financial “hotheads” who like risk whereas, women are more cautious and want more security. The famous saying, rephrased, can be “men buy shares from Mars and women have a savings account on Venus.” More women, be it single mothers or married women, are bearing the financial burden of earning. This income is not to support them but to support their families. But there is always a gender pay or wage gap. Women are earning less than men even for the same position or job profile. A woman is paid approx. 20% less for the same job function. In addition to this, women lose more income over their lifetimes because of things like maternity leave and to raise young children. This can even halt their career progression and impacts their earning potential. Women tend to live longer than men, and this means that women need more money to support themselves and their dependents. Therefore, it become important that women make their financial success a priority and need to make a plan accordingly. Steps for successful women to create financial plans 1. Start Small and stay involved To begin with, money conversations do not have to be long. Small savings can create a big corpus. It might seem convenient that one partner takes care of the finances and the other takes the back seat. However, both partners should know what is happening money wise in their live. Be sure to have a monthly check-in so the both can assess where they stand. 2. Plan for your children’s education It’s a good idea to start saving for your children’s education much in advance. This step helps you to avoid student education loans. This step of saving at an early age also gets inculcated in your children and they learn this good money habit at a very early age. 3. Emergency Fund This is a backup plan in the event of any uncertain event. With this in hand a person need not worry about taking unnecessary debt during an emergency. This emergency fund can be created if one makes it a part of the budget itself, and women are pros in making such budgets. Always be cautious not to spend this money for non-emergencies. 4. Communicate This is one of the most important things when it comes to the topic of financial plans and making budgets. It is quite important to talk about how you feel and how does your partner feel. It becomes important to discuss regarding your financial goals and to take financial decisions together. Such communication helps a lot in achieving certain long-term goals. For example, a couple is in a discussion where the husband wants to buy a car whereas the wife sees a room redecoration as the priority; here communication of financial goals and plans will help them achieve a concrete decision. 5. Save for retirement Retirement planning should be done well in advance. This will be the corpus that will help you support your lifestyle after retirement. Many employers also have various schemes that help create this corpus fund that can be utilized after retirement. Women have definitely brought down many barriers in our male dominated society. Nonetheless, some clichés still remain in the minds of people. This places many constraints on the financial knowledge and activities of women. “A real woman doesn’t help you spend your money; she helps you to make more money.”
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deeksha1809
Nov 26, 2021
In Welcome to GRM Forum
Stock market is not a gambling like most of the individuals think of, if you by any chance search the stock market articles the internet is full of stock market tips and tricks. Stock market is not about tips it is about the right kind of skills required to earn profits in stock market. The knowledge from tips is not enough to enter into the stock market as it will end up making you lose your hard-earned money. In India a very few percentages of people want to invest in stock market because of lot of myths attached to it. Investing in stock market is a big decision that one has to make with the available resources. The stock market institutes thus help in a lot and provides you an in-depth knowledge of practical examples. Interactive trading sessions and online classes help the students to understand the right skill before investing their money. We at GRMIIT helps you to provide the right set of practical training and skill set to our clients and students. GRMIIT is a brand in the stock market education that helps you to learn fundamental and technical analysis of stock market trading. The institute is an ISO-certified company for delivering international standards of training, education, counseling, webinar assistance in the financial market sector. We provide end to end support right from opening Demat account and teaching how to trade and managing portfolio. Our education system does not cater any basic money management needs of every professional and therefore, there is a gap of awareness about investing in stocks and growing the wealth. It is very important in the stock market to get hands on experience in the market and after completing the course, do not start with huge investments. Go slow and steady and make small investments. This methodology can give you the experience for a fruitful trading and make you strong enough to deal with trading techniques and handle frequent market fluctuations. To start a career, Stock trading courses can be useful and help in holding a great position in stock broking houses and conquering the financial markets. Tips to be kept in mind before you select an institute for yourself for stock market education: 1. Check institutes details and all the courses provided by the institute. 2. Check how old the company is in the market 3. Courses fees without any hidden rates 4. Any other benefits offered along with the course. 5. Faculty and his experience in the stock market matters a lot, only then he will be able to transfer the experience to you. Many you tube videos are also available all over internet, but it cannot give you that experience that all your doubts, live interaction and self-curated courses can give. Think wisely and join with us for an amazing financial journey.
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deeksha1809
Nov 26, 2021
In Welcome to GRM Forum
It has been one of the biggest myths that investing in stock market will make you lose your money. Sometimes, the thought of investing in shares get jitters to someone who has experienced worst from this market. But hey! Hold on stock market definitely carries risk, however if approached in a disciplined manner it is one of the most efficient form of investment. There was a time when people used to be afraid to make their careers as a stock market trader, times have changed and it is important to spread the awareness that with patience, passion and will to learn, one can definitely become a good trader. To become a trader in stock market a right attitude, aptitude and training in finance can open up various career options. Opportunities may vary from stockbrokers, traders to research analysts, algorithm traders etc. A career in the stock market may do wonders only if the professional need to have the required knowledge, tools and techniques to evaluate the volatility in market and make his clients earn great returns out of it. To become a successful trader, one needs to have followed things in mind: 1. Prepare a trading plan 2. Trader must be familiar with the technology and methods of implementing a strategy. 3. Always have some rules and follow them. 4. As a trader one has flexibility to learn about the stock market at its own pace and trade as per your needs. 5. One spends so much time working that there is no time left for any new learnings or upgrading oneself, with a flexible schedule as a trader learning something new is a everyday phenomena to keep oneself updated. 6. “Experience is the best teacher” and the best strategy for trading is “Earn by Learn”, so the most important thing is don’t stop learning ever. Invest your maximum time in the learning process. 7. Never shy away from booking losses and always follow a strict stop-loss. Some traders lose hope to become a successful trader because they did not do enough research or analysis on the script in which they invested. They did not even make any plans before investing. They just go with the market trends which is highly risky. There are many job roles which are available, some of which are: Stockbroker Financial Advisor Investment Advisor Portfolio Management Services (PMS) Research Analyst Online Stock Trading Financial Analyst Equity Analyst (Fundamental/ Technical) Market Researcher MF Distributor/Advisor Insurance distributor/advisor What are the Eligibility criteria for Trading? Traders mostly are self-taught. However, a professional trader needs to understand the basics of finance to start with. A college degree is a prerequisite nowadays at least if you want to take trading seriously. In addition to this specific certificate issued by SEBI and NSE, a certification is required to be certified research analyst, investment advisor, or mutual fund distributor. Most traders have degrees in mathematics, finance, accounting, economics, or industry. In terms of defined criteria, one does not need to be 18 to get started.
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deeksha1809
Nov 24, 2021
In Welcome to GRM Forum
A career in finance sector is one of the most rewarding profiles, as it helps you to set yourself apart from the crowd. Finance is a very vast domain that continues to grow, there may be a lot of competition in the finance jobs, but the finance professionals are always in demand. A degree is no longer enough to crack a good job profile in finance sector, a lot of other job-oriented courses makes it easier for you when it comes to getting a job in this sector. Industry based courses, examinations, events, networking are the main key to get into such kind of profiles. If you are planning to enter into the finance sector, a good qualification and industry knowledge would lead you to a vital success. This finance sector is such a wide domain with different categories and sub categories such as accounting, financial, stock brokers, investments, research analyst, financial advisors etc. Financial markets being one of the most popular among the working professionals and also for the development of the economy. The National Institute of Securities Markets (NISM) is an important certification programme offered by SEBI, have become pretty much popular these days. The primary reason behind the popularity of these competitive exams is their establishment by SEBI, it is the regulator of the securities market in India. The NISM Certification exam is given online. The NISM Certification Preparatory Courses helps in proper understanding and resources required for passing the exam. NISM certificates carry a lot of weight in the financial job market as NISM is a SEBI body. If you want to make a carrier in Mutual Funds, Equity, Currency, Investment Advisory, Research Analyst, Depository operations etc you should pass these exams. BENEFITS OF NISM CERTIFICATE 1. Knowledge of Indian Securities Market: Playing legal in stock market is utmost important and for that it is important to know about the securities market. Understanding the legal market helps in making the best decisions out of available resources. We at GRMIIT introduce you to the important topics of securities market. 2. Earn a lucrative amount: Earning a huge amount is not difficult for a person possessing a NISM certification. Working in stock market can be the best paying and rewarding job, also a person not working in stock market can earn while trading and investing in the stock market. 3. Career in Stock Market: With NISM Certification, the job value increases as a professional, you can be differentiated from others who work on instincts. The certifications are always in demand and the employers prefer employees with NISM certifications. These certifications also increase the value of your resume to a great extent. 4. Regulatory Requirements: The NISM Certification has been made mandatory by the SEBI for working in the capital market. Eg. If a person wants to work in any Asset Management Company, then he must have a certificate of NISM series V-A Mutual Fund Distributors Certificate Examination. 5. Spreading Financial Literacy: Educational institutions can partner with NISM for spreading the financial literacy to the students, job seekers, traders or investors. By acquiring knowledge of the capital market one can reduce the losses they incur in trading while they just use tricks to enter the market. NISM Certifications help in providing a basic domain knowledge on the subject of capital markets. For budding professionals, students who want to make their career in financial market, NISM Certification is a must. It is a self-paced program with your comfort, but taking up the NISM Certification Course helps you to understand the basics and then help your clients grow. Here is a list of most popular NISM certification exams in India: 1. Series I: Currency Derivatives Certification Examination 2. Series-VIII: Equity Derivatives Certification Examination 3. Series V A: Mutual Fund Distributors Certification Examination 4. Series-X-A: Investment Adviser (Level 1) Certification Examination 5. Series-X-B: Investment Adviser (Level 2) Certification Examination
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deeksha1809
Nov 23, 2021
In Welcome to GRM Forum
One’s goal as an investor should simply to purchase at a rational price, understand the business whose earnings are virtually certain to be materially higher few years from now. An investor does not get a company like this easily so, when an investor sees something that qualifies this, he should try to do a meaningful amount of investment. A set of any patterns or guidelines that an investor follows to keep the investments intact and allow it to appreciate over a period of time, is the best practice practiced by an investor. The markets are too volatile in nature that could give you big risks or big rewards. Here are some of the best practices to follow as an investor. 7 BEST INVESTMENT PRACTICES 1. Long term focus and unconcerned with volatility- The investors who invest their money, want to make money quickly. But for investors who want earn higher profits need to stay and do not have to think about the changes in the market. Staying in the market for long term will give you the advantage of compounding his gains. 2. Set your goals- If an investor does not have a goal, then investment is of no use. The goals may be short term or long term but these goals will help an investor strive for the money. This is one of the best practices that should be followed by the investors. 3. Willing to be inactive- Many investors feel that there is always something great to do in the market or they are always able to find a brilliant investment. A best practice can be to be inactive for sometime and wait for the perfect pitch. Try to be a passive investor. 4. Research the company and financial product- An investor should study about the company, its CEO, CFO, directors before investing. An investor should study about the financials of the company before investing. Should know about the financial product about the financial product, that how risk averse is the product. 5. Learn about the stock market- Before entering the stock market, it is important to understand this market very carefully so it is important to understand fundamental and technical analysis. 6. Be unemotional- Many of the obstacles to investment success is related to human emotions. Most become greedy, confident, and euphoric when prices are high. Warren Buffet has once explained how it is important to be absolutely immune to these emotional influences. 7. Mentally flexible- The philosophy of investors should provide guidance but not rigidity. It is possible to come across new philosophy, but the key lies in knowing when to change and when to hold. CONCLUSION The markets are so fluctuating that you learn something new everyday as an investor, it is a never-ending experience. Apart from the above best practices it is also important for an investor to make a investment plan that suits his priorities and also should have a diversified portfolio. An investor should be focused, disciplined and purposeful. These attributes listed are rare but not unique, so as an investor it is important to possess these characteristics. What else helps to follow these best practices are become a collector of information by reading and networking with variety of people. Happy Investing!
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deeksha1809
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