Published on February 26, 2014
Too busy to trade – 5 ways to invest
There’s never enough time… • Working life can be hectic. The little free time you get has to be spent with family, friends and on hobbies. • In such a case, it is very difficult to find time to research for investments, let alone actually trade & monitor your portfolio. • Here are five ways to invest while juggling a busy life.
Use Systematic Investment Plan • One way to invest without spending too much time is through the Systematic Investment Plan (SIP) route. • Under this plan, a fix amount of money will be automatically invested every month or quarter. • This helps spread out your investments over a period of time and across different market conditions.
The SIP Advantage • SIP is specifically helpful when you want to invest even when the market is down. It will eventually help give you a better average value of investment. • For example, when you invest Rs 10,000 in a month when the mutual fund unit costs Rs 110, you get 91 units. The next month, if the unit value falls to Rs 90, you get 111 units. As a result, the average cost of each unit is Rs 101.
Use An Advisor • Just like we outsource the maintenance work of our cars, why not rope in an expert advisor to conduct the research on your behalf? • The expert will be able to cater to your specific needs and advice you accordingly. All you will have to do then is put your money. You could also make use of Kotak research reports, which regularly analyze individual stocks, sectors and the overall market.
Use Online Tools • With so many stocks listed on the market, it can get confusing to track them. • Use the Kotak Stock Trader mobile application to follow the markets easily on a daily basis and cut down the time required for research. This helps you narrow down stocks on the basis of their stock price, trading volumes as well as other finer details like company performance, dividends, etc.
Online Trading • Conventionally, most investors rely on a stock broker to undertake their investments. They have to either fix a meeting or call up and place their orders. This is quite time consuming. • Instead, you can activate your online trading account and place your orders on the go. Moreover, this service is not just for stocks, but also for other investment options like mutual funds, bonds, ETFs etc.
Automated Trading • The biggest decision in the stock market is not ‘which stock to buy’, but ‘when to buy or sell’. The idea is to buy during lows and sell during highs. This needs regular monitor, which can eat into your free time. • As a result, there are many options available for automating buy and sell orders. You can place a request to be either alerted when the stock reaches a particular level, after which you can manually buy or sell. Investors also have the option of ensuring a stock is bought or sold as soon as it reaches a preset level.
Thank You Read More Twitter Website Facebook
Disclaimer: Kotak Securities Limited, Registered Address: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400 051. Correspondence Address: 6th Floor, Kotak Infinity, Building No. 21, Infinity Park, Off Western Express Highway, General AK Vaidya Marg, Malad (East), Mumbai 400097. Tel no: 66056825. SEBI Registration Numbers: NSE INB/INF/INE 230808130, BSE INB 010808153 / INF 011133230, OTC INB 200808136, MCX-SX INE 260808130/ INB 260808135/INF 260808135 , NSDL IN-DPNSDL-23-97, CDSL IN-DP-CDSL-158-2001, AMFI ARN 0164. Compliance Officer - Mr. Sandeep Chordia. Tel. No: 022 6605 6825. Email id: firstname.lastname@example.org. In case you require any clarification or have any concern, kindly write to us at below email ids: • For Trading Account related queries: email@example.com • For Demat Account related queries: firstname.lastname@example.org. • • Alternatively, you may feel free to contact our customer service desk at our toll free numbers 18002099191 or 1800222299. You may also call at 30305757 by using your city STD code as a prefix. In case you wish to escalate your concern / query, please write to us at email@example.com and if you feel you are still unheard, write to our customer service HOD at firstname.lastname@example.org.
Les changements sur le marché du distressed aux Etats-Unis et en Europe
Main Sections of the Report 1) Nifty Technical View 2) 4 Large Cap Trade Ide...
This presentation consits the yearly results of Kinepolis Group
Too busy to trade? Five ways to invest. ... let alone actually trade and monitor your portfolio. Here are five ways to invest while juggling a busy life: ...
Top 10 Ways to Invest Money. by Akeia Dixon, Demand Media . ... Inexpensive Way to Do Wainscoting; Top 10 Ways to Invest Money; Best Way to Invest Money ...
How to Invest Your Money in the Best Way. ... is 2% and your CD pays 0.5%, ... and platforms offer test accounts where you can trade with play ...
There are 5 methodologies or approaches to investing but one is ... 5 Ways To Invest Your Money. ... Your ability to invest ...
Too busy to invest? Then get a manager and tap the expertise behind investments worth billions. By Jeff Prestridge, Mail on Sunday Personal Finance Editor
Getting Started In Stocks. ... But there are so many ways to invest in stocks. ... or is your life just too busy to carve out that time?
How to Invest Small Amounts of Money Wisely. ... you will earn 5% on $1050. The trade-off is ... One good way to gain diversification is to invest in an ...
How To Know If You're Too Busy 1. How To Know If You’re Too Busy Brought to you by: MaidPro Tulsa 2. 1. You Have No YOU Time. You might be too busy if ...
Download Too busy to care. Transcript. 1. Too Busy to Care?Euthanize Lynda M. Cooke Eng 104 Colorado Christian University. 2. My name is Lynda Cooke.