Monday, July 9, 2007

The Stock market...

I have had an umm.. interesting experience with the stock market till now.

All my positions till now have been on the advice of others, with zilch inputs from my side. Predictably, everything went down the drain. Whatever I touched, went way down south. The anti-midas touch was so bad that my friends even blamed me for the Reliance split, since I had bought REL shares. Mind you, just 2 shares. TWO.

But one thing is for sure, the potential of the market is immense. You just need to learn the rules of the game.

Here are a couple of good books, which will help.

  1. Rich Dad Poor Dad
    I consider myself a voracious reader. I read everything in sight, including the label on cough syrups. This book, in my opinion is the most mind-blowing book I have ever read. It should be on the school curriculum IMHO.
  2. The Five Minute Investor
    This book has a very different approach to stock picking. I am currently trying this approach out, and will keep you updated if it works. (Fingers crossed)

1 comment:

Anonymous said...

Do keep us updated...