Select a good stock and buy its shares. Take time to analyze the market and the products it offers.
Like you choose your car, bike , house or other assets with due deliberation and your best judgement.
The stock should grow upwards over a period of time , its up to you to decide this period say 10 years, 15 years, 20 years, etc.
Also, as we are basically selecting stocks that give dividends it should be issuing dividends regularly.
Mix and match your buy over a period of months/years, in such a way that you get a dividend at least once every month minimum, if you can get more - even better.
Also, as the share prices of these stocks will also improve over a long period of time, you can sell them off when their price have appreciated as many times as you would like them to, this can sometimes be double the cost price or even 10-15-or many times your initial cost price.
Now from where will you know about these stocks, you can simply google and search "best dividend stocks of nse or bse" and buy stocks of companies you very well know about.
Many times you will hear from your friends and family or from news or from advertisements about health these companies.
Be fully confident and buy at lowest price even if you have to wait all four seasons or the full year!!
Like you choose your car, bike , house or other assets with due deliberation and your best judgement.
The stock should grow upwards over a period of time , its up to you to decide this period say 10 years, 15 years, 20 years, etc.
Also, as we are basically selecting stocks that give dividends it should be issuing dividends regularly.
Mix and match your buy over a period of months/years, in such a way that you get a dividend at least once every month minimum, if you can get more - even better.
Also, as the share prices of these stocks will also improve over a long period of time, you can sell them off when their price have appreciated as many times as you would like them to, this can sometimes be double the cost price or even 10-15-or many times your initial cost price.
Now from where will you know about these stocks, you can simply google and search "best dividend stocks of nse or bse" and buy stocks of companies you very well know about.
Many times you will hear from your friends and family or from news or from advertisements about health these companies.
Be fully confident and buy at lowest price even if you have to wait all four seasons or the full year!!
Life is simple, so you just keep it simple, dont complicate it.
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