Some big myths about stock markets!
Hello,Today I'm going to explain about Some Big myths about Stock Markets.There are many myths about the market and wrong suggestions given but In this article I'm going to explain what the reality is.
Hello,Today I'm going to explain about Some Big myths about Stock Markets.There are many myths about the market and wrong suggestions given but In this article I'm going to explain what the reality is.
I watched people often saying that stock market is a big Gambling (juya).These are those illiterate people who doesn't have any knowledge in the Market,These are those people who just pick any stock with doing any Fundamental analysis or any Basic Knowledge,reality is that if you don't have the knowledge then you will not able to make profit from the market.
Lets take a example MR.A who knew that how to Drive any car and how it's all parts work,He had information about the Whole body of car,How it's engine works,How it's all machine and all the things work. So whenever he Drive any car, he Drives very well and a beautiful way and another is MR.B who don't know how to Drive a car and don't know any information about a single engine of the car.Then you can think How Mr.B will drive the car, but Mr.A can because he knew how to Drive a car.
Lets take a example MR.A who knew that how to Drive any car and how it's all parts work,He had information about the Whole body of car,How it's engine works,How it's all machine and all the things work. So whenever he Drive any car, he Drives very well and a beautiful way and another is MR.B who don't know how to Drive a car and don't know any information about a single engine of the car.Then you can think How Mr.B will drive the car, but Mr.A can because he knew how to Drive a car.
So, this is simple as like the example.If you have the knowledge about the stock market then you will able to earn profit from the market and if you don't then your amount will be turn to be zero.
A REAL LIFE EXAMPLE:I also took some Stock Market information from my teacher who has been investing from a very long time,explained a story about a person who owned a Garage.When the Garage owner knew that Stock Market is nice platform to earn big returns he was stared to investing,without any knowledge or information about the Market. You know what happen after few months?He invested all his money and also sold the Garage to earn big returns from the Stock Market.
Due to greed,and achieve big profit without having any knowledge about the Stock Market,he became bankrupt.Stock Market is not a rocket science.Not like it'll make anyone rich in few days.But yes People(Warren buffet,Radhakishan Damani,Peter lynch,Jhunjunwala etc.) made huge profit from The Market but They are experienced and knowledgeable persons and knew the power of time and compounding.They are now rice but to became Rice time matters in This field.They invested Money but Time also.
So this short story teach us about Knowing Information about the stock market is very important,don't go on those path where you don't know,take suggestions before you invest,acquire knowledge,patience to get profit,go far away from fake information,far from myths etc.
You can also checkout my previous post on which there are many important things are shared:-https://dumbana.blogspot.com/2020/06/what-is-bombay-stock-exchangehow-its.html
MY OPINION:-I think this is a very good example to explain the myths factors of stock market. Insufficient knowledge about anything is always a big problem.Stock brokers exist to guide Investors,but now there are many Applications,website and other services available.There are a huge individual who using Zerodha,sherkhan,Upstock,Groww,Kuvera.But as a beginner start investing in Index Fund which is very much beneficial for long-term investors.Follow Warren ,Radhakrishna,Peter,CA.Jhunjhunwala for making good and high returns.People also look Books and took information from it.Some famous are The Intelligent Investor,Rich dad poor dad,How to pick Rich stock etc.
There are many people who think like that but didn't invest in the market.Slowly but this mind concept is changing through many ways like social media and internet platforms.
So this is a kind of a failure which people turn it's name and starting to call it 'MYTH' which we have explain in the above para.So you can also say that when inexperienced people came to invest in stock market then they get return zero,so started to saying that stock market is a gambling.But the real truth is not that,the truth is about they don't have any knowledge about the particular field.In the next week I'll write a another MYTH on stock market .
( THESE ALL INFORMATION ABOUT THE STOCK MARKET IS GIVEN ACCORDING TO THE NEWS AND STOCK EXPERTS,THIS IS JUST A ADVISE)

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ReplyDeleteThx,this article will be update very soon with more excited topics.
DeleteGreat deal of information!!
ReplyDeleteThx,this article will be update very soon with more excited topics.
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