Not saying these are enough, but this is a good beginning, says P V Subramanyam.
To be sure that you are committing your money to the right person, you must ask these questions to your financial planner. There is no point in cribbing after you have committed your money! Is there?
Investing in stocks offer secrecy, partial liquidity and freedom to invest even a small amount, says P V Subramanyam
Most of these stories are real, but in the world there have been long periods of time when these have not worked.
Buy shares of a good profitable, successful business, hold on for inordinately long periods of time, and live off the dividends. You will surely get wealthy in the long run.
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why