Navnish Bansal says that when you are brand-new to the stock market, you enter with lots of dreams and expectations. You might be preparing to invest your savings and make lakhs in return.
There are hundreds of examples of people who had produced huge wealth from the stock market; nevertheless, there are also thousands who didn’t.
Here are a few cautionary points for people who are just entering the world of investing.
Pay down your ‘High-Interest’ financial obligations
If you have any kind of high-interest paying financial obligations like personal loans, credit card dues, financial obligations, etc, then pay them. Navnish Bansal things that the interests of these loans can be even as high as your returns from the marketplace. There is no point in losing your energy to provide all the returns you made from the marketplace as interests of your debts. Pay down these financial obligations before entering the marketplace.
Navnish Bansal 