Will be starting my college, getting pocket money and also work part time for some income
I just know that i will save a part, invest a part and spend the rest according to needs.
This maybe complete but due to f.o.m.o. I need to gain knowledge about finance and maybe economics too for investing properly
How do i start?
>>23820
chomu chamar invest money on yourself. Getting rich by investing is good in theory and movies. Only person who is getting rich from yout SIP is the fund manager , the fund house and the company where they invest.
Enjoy the money until you have that actually worth investing
>>23825
yes
That is the spending part, but i will have to invest somewhere to grow my money too
apparently SIP is shit and by investing i meant stock trading
>>23820
Xitter randit wpuldnbe better than asking chuds here since either they are richfag like super rich or extremely below poverty line fags. No in between like you.
But i would say all the generic advice are very basic and only works if u r in long term .
For short term goal u need to invest in memecoins a coin going from x to 2x or 3x and exiting that market is important.
Second do not invest in local market becuz all the gains are either wiped out by rupee fall or just demolishing of stock market.
Invest in foreign countries stock market recently South Korea market crashed i think it's best time to invest in that or u can directly invest in JEWSA countries stock i think Zerodha supports that.
And as the anon said invest in urself like certificates. internationally acclaimed, not ur bagal ka coaching centre.
And definitely gym too. Calculate that in investment self too.
>>23832
yeah thanks
i will get into crytpo and memecoins but just need to figure out the basics first
will have to study int markets if investing there
ofc, i have started going to gym, having a strict diet, reading and solving higher math books to achieve early in college
>>23840
I repeat DO NOT EXPECT more than 3x even if Satan himself says the shitcoin will go up. It may go up but it will condition ur brain that ALL ur coins will go up like that which is FALSE. U will lose some money because u were too quick or too late that's why keep a small amount to Trade like 500 to 1000 or if u richfag u can increase but never more than 25% of ur liquid money.
Spend actual money becuz the pain of losing real money is great than any tutorial.
Also remember u can never outsmart the shitcoin Market.
90% of shitcoin traders lose 90% of their money 90% of time.
So cautious should be ur first nature in shitcoin.
Do not even look at national market.
Even if u lose more. due to rupees falling u will still have made profit if done in dollars in PHOREN.
And nice of u to study ahead.all the best champ.
