Selection of stocks
- Find an industry that has good growth potential. Then, find the leader and the challenger company in that industry. For example, in the tech industry, it will be Apple & Alphabet.
- Consider a company in an industry that is slowly changing. For example, P&G (an FMCG company) will release new washing detergents even after five years. The chances of them going down are very less.
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Before you invest in the stock market, it's important to have a solid plan and be disciplined in your approach. By being disciplined, you'll be more likely to stick to your plan and make smart investment choices. Here are a few tips to help you get started:
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