Need some advice plz

#1
Hello people.

My mom wants to invest in stocks & we want to invest it through stock broker and we are planning on investing about 20 lakhs can we expect at lest 50,000 monthly income on that or maybe more? or would that be too unrealistic? and what are the risks?

So my question is if we invest about 20/25 lakhs in stocks can we expect monthly income about 50,000 if not then how much can we expect to get?

Is market too risky atm to invest such big amount?
 

sudoku1

Well-Known Member
#2
Hello people.

My mom wants to invest in stocks & we want to invest it through stock broker and we are planning on investing about 20 lakhs can we expect at lest 50,000 monthly income on that or maybe more? or would that be too unrealistic? and what are the risks?

So my question is if we invest about 20/25 lakhs in stocks can we expect monthly income about 50,000 if not then how much can we expect to get?

Is market too risky atm to invest such big amount?
posible in bul mkt..but in bear mkt?
 
#3
Sorry lady, but you are greatly mistaken.

You shouldnot go on to invest such a big amount of money on sole advice of a broker.

Lets see, you want app. 6 lac annual return on 20 lac , i.e. 30% annual return. Sorry to say , but in such a market with future so uncertain , even the professional fund managers might find that a difficult benchmark to beat. You can guess your odds of beating it.

Trading on tips of others is not the correct way to go. And that too on advice of a stock broker. You are in for a very bad time if you do so.

Your only option is to start learning it yourself , Start watching CNBC or Bloomberg , pick books to read , sniff around on net for videos on net, Learn from wherever you can. After few months when you start to feel comfotable with market dynamics Open an account with small amount of money , say Rs.20,000 app. and practice daytrading with small blocks of say 10 or 20 share for few months.You will definately loose money in daytrading but will learn a lot about technicals that will work the same way in investing. Its better to loose few hunderd rupees while learning than to do a stupid mistake and wipe out say 5% or Rs. 1 lakh in one go. You can also maintain similar account for core trading with small capital of 50K or 1 Lac.

And if you want to save yourself the pain of learning , Mutual Funds might be the option to go.


" An investment in knowledge always pays the best interest "
-Benjamin Franklin
 

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