(8) Have Well Disciplined Plan
It is one of the important rules for investing money in stock markets. A well disciplined investment plan is necessary to safeguard your stock portfolio from impulsive mistakes.
You need to invest your money in equity markets systematically in right equity at the right time in order to get super returns.
You can design your investment plan by taking the help of professional stock advisers to control your emotional investment approach in stocks.
Your success in value investing will largely depend on your temperament, patience & discipline to make the best investment for a long-term goal.
(9) Avoid Herd Mentality
It is one of the most common rules for investing money in equities. Stock investment decisions of many investors are heavily influenced by the general actions of nearby friends, relatives, & neighbors.
Thus, if everybody is investing in a particular stock then you should not follow them blindly. As this herd mentality is most likely to bring losses in long term.
You should completely avoid having the herd mentality for equity investment to make money in equities.
Thus, it is rightly said that you should be fearful when other are greedy, and you should be greedy when other are fearful.
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