Financial Planning

How To Choose The Right Stocks: Tips For New Investors

Right Stocks

Fundamental and technical analysis are two common methods for identifying and picking stocks.  

Fundamental analysis examines a company’s business and industry conditions to identify stocks with strong growth potential at a good price, typically used for longer-term trades.  

Technical analysis, on the other hand, identifies statistical patterns on stock charts to predict future price and volume moves, typically used for shorter-term trades. 

Beginners in the stock market can find it intimidating. However, understanding basic trading and understanding how to buy share online can make it easier.  

Various methods, like attending financial events or using online platforms, can help pick stocks.  

Therefore, investors with a long-term horizon have an advantage over Wall Street’s short-term focus, making informed decisions. 

This article will help you with effective tips and strategies for selecting the best stocks. 

Tips To Choose The Right Stocks 

Tips To Choose The Right Stocks 

Here are some of the top tips that can help you pick the right stocks for your investment— 

1. Finalize Your Goal 

Every investor comes with unique goals for their portfolios.  

However, most young investors aim to increase their portfolios over time. Older ones, on the other hand, focus on capital preservation as they near retirement.  

Also, some investors are more interested in generating regular income through dividends and distributions.  

Nevertheless, considering your goals when investing is important, as there are no rules. 

For income investors, look for stocks with good dividend yields and cash flow to support those dividends. Younger companies with promising revenue growth but unstable earnings are attractive to growth investors.  

For capital preservation investors, look for stalwart businesses with steady and predictable profits.  

Therefore, it’s important to consider your age and goals when selecting companies to invest in. 

2. Understand The Business Where You Invest 

When buying stock, you become a partial owner of a business. Therefore, without understanding the business, you risk failure.  

Trusting yourself to own a company fully means you need help understanding that more than appointing great management is necessary to ensure their performance.  

You can find competing companies everywhere, and they can impact you indirectly.  

For example, when you buy medicine at a pharmacy, you know who makes the equipment and who buys the spare parts.  

When you get a car fixed, you know who makes the spare parts and who makes the spare parts.  

Therefore, using these companies as a starting point for research and finding competitors in each industry can help you understand how a business makes money.  

If you need to understand how a business makes money fully, you may need to research or find a different company. 

3. Evaluate The Market Before Investing 

Before adding a position, consider the broader market’s movement, as 75% of stocks move with it.  

Moreover, buying stocks when the market is trending increases the chances of successful trades.  

The moving average of a major index, such as the S&P 500® Index, can show market momentum.  

Therefore, potential events like Federal Reserve policy meetings or earnings announcements should be considered. These events can affect your trading.  

Thus, following the market closely and investing when the market is trending up can increase your chances of success. 

4. Determine A Fair Price 

Investors should consider various metrics to assess a stock’s current price and value. These metrics include the following: 

  • Price-to-earnings ratio (PE). 
  • Price-to-sales ratio (PS). 
  • Discounted cash flow modeling. 
  • Dividend yield.  

The PE ratio is suitable for established companies with steady profits and growth, while the PS ratio is more suitable for growth stocks with unstable earnings. Historical averages can be a good guide, but future expectations should be considered.  

Next, discounted cash flow modeling involves estimating revenue growth, profit margin, and expenses for the next few years. Consequently, these factors are discounted by the required rate of return and divided by the number of outstanding shares.  

Dividend yield is also crucial, as an above-average yield may indicate a good stock price. Investors should avoid yield traps and develop their own dividend discount model. 

5. Maintain Your Safety Margin 

To ensure successful stock picking, buying companies trading below your estimate for a fair price, known as your margin of safety, is crucial.  

This helps prevent losses if your valuation needs to be corrected. A 10% margin of safety is sufficient for stable earnings and a strong outlook.  

For growth stocks with less predictable earnings, a wider margin of safety of 15% to 30% is recommended. This ensures protection in unexpected events, such as a new challenge or a larger company entering the market.  

It is not necessary to get the lowest possible price for a stock; trust your research and take the price when it looks good. Building a diversified portfolio of stock picks across various sectors can lead to winning investments. 

Technical Signals When Selecting Stocks 

Technical Signals When Selecting Stocks 

Technical analysis is a crucial tool for stock selection, consisting of three steps:  

  • Stock screening. 
  • Chart scanning. 
  • Setting up the trade.  

Stock screening involves identifying a list of 20-25 candidates using technical criteria narrowing it down to three or four candidates by scanning the charts.  

Moreover, the chosen candidate may be considered trading after a detailed chart analysis. To set up a screen, consider factors such as price and market capitalization, sectors and industries, and momentum.  

Long-term investors look for strong sectors and industry groups, while short-term investors should look for weak ones.  

Momentum traders typically identify strong, uptrending stocks for buys and weak, down-trending stocks for shorts.  

After compiling a list of candidates, look for those with good entry points, such as breakouts or pullbacks. 

The Virtual World Of Stocks 

Online investing is popular for many investors due to its ease of use, commission-free trading, and easy-to-use platforms.  

Moreover, opening a brokerage account with an online broker takes only a few minutes and requires basic personal information.  

Funding can be done through a check or electronic transfer. Online trading allows trading dividends, tech, and other stocks, with options available for a small fee.  

However, penny stocks, defined by the SEC as those selling for less than $5 per share, should be viewed with caution due to their volatility and potential for manipulation.  

It is essential to research the company’s business before making a decision to invest in online trading. 

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Debamalya Mukherjee

Debamalya is a professional content writer from Kolkata, India. Constantly improving himself in this industry for more than three years, he has amassed immense knowledge regarding his niches of writing tech and gaming articles. He loves spending time with his cats, along with playing every new PC action game as soon as possible.

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Dhani Loans & Services Limited – Background And Services

When it comes to providing the best loans and other financial services to people, Dhani is one of the leading financial companies in India. They give people some of the best in class loans and financial assistance, along with having its own e-commerce shopping center rivaling the likes of Amazon for the Indian public. But how big is this company in 2023, and how many services do they provide? If you wish to learn more about this company, read this post until the end. Dhani - Overview Dhani was initially known as Indiabulls Ventures Limited since its inception in 1995 by Sameer Gehlaut. Soon, it established itself as a significant FinTech (Financial Technology) player in the Indian market as a financial software developer for various clients. Over time, it broadened its product and service portfolio when it launched a subsidiary named Indiabulls Consumer Finance Limited in 2017. This app-based India Bull personal loan money lending service targets the personal loans market in India. At the same time, it also launched another subsidiary named Indiabulls Securities Limited to become a major player in the Indian Stock Market. This subsidiary targeted India's stock trading consultation market, which was slowly rising. In 2020, Indiabnulls rebranded itself to Dhani. This changed the names of its subsidiaries as well. Indiabulls Consumer Finance Limited became Dhani Loans & Services Limited. In addition, Indiabulls Securities Limited became Dhani Stocks Limited. After this rebranding, the company dabbled into providing healthcare e-commerce services in the form of Dhani Healthcare Limited. This health tech (healthcare technology) subsidiary started selling medicines and healthcare consultancy online amidst the rise of the pandemic. This subsidiary soon extended its services to provide a full-fledged e-commerce platform where you can buy various products online, including food products, electronics, clothing, jewelry, and more. Benefits Of Dhani Loans And Services There are several types of Dhani Loans and services that you must know at your end. You must be well aware of the reality that can make things easier for you to reach your goals with ease. Some of the key factors that you must know at your end are as follows:- 1. Instant Personal Loans Dhani provides instant personal loans online, allowing quick access to funds for various purposes, such as medical emergencies, travel, or debt consolidation. It will help you to meet your goals with complete ease. Some of the crucial facts that you must know at your end to get the loans on time. 2. Digital Process The loan application and approval process is entirely digital, making it convenient for users to apply for loans from anywhere using their mobile devices. You need to get through the complete process that can make things perfect for you in reaching your goals with complete ease. Some of the core that can affect you are mentioned here. 3. Quick Disbursement Once approved, Dhani disburses the loan amount swiftly, often within minutes, directly into the borrower's bank account. You need to get through the complete process that can make things easier for you to attain your goals with ease. 4. Competitive Interest Rates Dhani offers competitive interest rates on its personal loans, making them more affordable for borrowers. Once you follow the correct solution, it can make things easier for you to reach your goals with complete ease. 5. Flexible Loan Amount Borrowers can typically access a range of loan amounts based on their eligibility and requirements. Once you follow the correct choices, things can become easier for you to attain your requirements with complete ease. 6. No Hidden Charges Dhani aims for transparency in its services, ensuring borrowers are aware of all associated fees and charges upfront. Dhani also provides a line of credit facility where borrowers can use funds as per their needs and pay interest only on the amount utilized. It's crucial to note that while these benefits make Dhani loans and services attractive, borrowers should review the terms and conditions, interest rates, fees, and repayment options before availing of any financial product or service to ensure it aligns with their financial goals and capabilities. Dhani Loans & Services Dhani Loans and Services has been popularized using Dhani OneFreedom. When you register for this service, you will receive a Dhani Freedom Card. With this card, you can avail various benefits like: Instant Money: With this application, you can apply for personal loans up to ₹5 lacs (around $6000) with no interest. All you need to do is be a verified user and connect your online banking account with Dhani OneFreedom Digital card. In addition, you also need to verify using your Aadhar Card. Three Interest-Free Payments: This app makes it very easy to pay back your loans. No matter how much money you take as a loan, you must pay it back in three installments without additional interest. Bank Mandate Not Required: Since a bank mandate is unnecessary for this service, Dhani will never directly debit the money from your bank account. Therefore, there is no need to fear your money being debited without your consent! Dhani Store Offers: Once you become a member of Dhani OneFreedom, you can get your Dhani Physical Card for ₹99. You can use this card to avail various special offers with many partnered stores. In addition, you can also get discounts of up to 20% on groceries and household items from the Dhani Online Store. You also become eligible to receive 2% cash back on all purchases made from the online store! Plus, no extra processing fees are added to your purchases as well! Online Healthcare: With the Dhani Card, you can get online consultations from doctors through various online portals 24x7. Dhani Online Shopping Store Dhani has its own shopping store from where you can buy various products. While they initially started out as a provider of pharmaceutical products, they soon expanded to provide products like: Groceries Pharmaceutical Products Electronics Home and kitchen equipment Household products Personal care and beauty care products Baby care products Books and stationery items Healthcare products Pet care products Clothes and fashion accessories Toys and games Sports and fitness products Jewelry and fashion accessories Footwear Dhani Stocks Limited With Dhani Stocks Limited, you get access to stock trading on the Indian Stock market in the easiest way possible! There are various benefits of joining and trading in stocks using this platform. The most significant benefits are: Real-Time Stock Quotations: If you wish to buy stocks of a specific firm, you will get real-time updates regarding their stock prices. In-Depth Stock Market Analysis: Members will get various reports that will show metrics regarding the condition of the market and get predictions about rises and falls in stock prices of multiple companies. Customizable Watchlists: If you are interested in buying stocks of specific companies, you can create a watchlist to receive real-time stock price updates and news about them, tailor-made specifically for you! Trading Consultancy: If you are new to stock trading and want to invest most profitably, you can get trading consultancy using this app. Mobile Trading Platform: With the Dhani app, you get a platform to trade stocks from various platforms, which you can access anywhere, anytime. You can trade stocks using the app, website, and direct calls. 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When I was undergoing a significant financial crisis a few years back, I looked for the best investment apps to get my economic life back on track. But, as there were no good articles on this topic, I faced a lot of trouble figuring out the best investment app. That’s why we decided to shed a bit of light on this topic. Now, the best investment apps can handle your daily financial tasks without much drama. They can also help you trade stocks quickly, keep track of your spending habit, and can help you learn about the market. So, if you are looking for these apps, you are already one step ahead in the game. What Are The Best Investment Apps For 2021? The best investment apps that we will recommend on this list are the best for beginners and professionals alike. So, let’s have a look. 1: Invstr From real-life investing to help beginners make their way in the stock, market-you can get everything on this app. It is best investment apps on this list. 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NIRA Instant Personal Loans: Are They Really Instant?

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How Financial Advisers and Fund Managers Make Good Use of Cutting-Edge Analysis Software

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You owe your clients the best possible opportunities and by making good use of cutting-edge digital platforms, you are empowering your clients and helping them to generate wealth.    How Can Wealth Management Platforms Shape Your Business Future? There are several reasons why wealth management platforms can help you shape your business's future in the correct order. Some of the key factors that you must know from your end are as follows:-  1. Technology Integration As financial technology evolves, wealth management platforms play a crucial role in integrating these technological advancements into wealth management practices. This includes features like artificial intelligence-driven portfolio management, algorithmic trading, and automated financial planning tools. 2. Customization & Personalization Wealth management platforms allow for tailored financial strategies based on individual needs and goals. With advancements in data analytics and machine learning, these platforms can offer increasingly personalized recommendations, asset allocation strategies, and risk management solutions. 3. Accessibility & Convenience In an increasingly digital world, wealth management platforms provide accessibility and convenience to clients. Investors can monitor and manage their portfolios from anywhere, anytime, using mobile apps or online portals. This accessibility fosters greater engagement and transparency between clients and their financial advisors. 4. Cost Efficiency Wealth management platforms often offer cost-effective solutions compared to traditional financial advisory services. Through automation and scalability, these platforms can lower down the payments, and the minimum amount of expenses is essential, making wealth management services more accessible to a broader range of investors. 5. Regulatory Compliance & Security With growing concerns around data privacy and regulatory compliance, wealth management platforms invest heavily in robust security measures and compliance frameworks. These platforms ensure that client data is protected and that all transactions adhere to regulatory standards, providing peace of mind to investors. 6. Global Reach & Diversification Wealth management platforms enable investors to diversify their portfolios seamlessly across various asset classes and geographic regions. This global reach allows investors to capitalize on opportunities in international markets while mitigating risks through diversification. Without proper application of the plans, things can turn worse for you in all possible ways. Ensure that you follow the right process from your end points. Methods must reduce the chances of financial errors the restrict the chances of the global reach and diversification.  7. Educational Resources Many wealth management platforms offer educational resources and tools to help investors make informed decisions about their finances. This includes access to market research, financial planning calculators, and educational content on topics like investment strategies, retirement planning, and tax optimization. This is essential for your brand development. Proper application of the perfect strategy will help you in attaining your financial management.  Final Take Away Wealth management platforms play a vital role in facilitating efficient, personalized, and accessible wealth management services in 2024, driven by technological innovation, cost efficiency, regulatory compliance, and a focus on enhancing the client experience. You need to identify the perfect solution that can assist you in attaining your objectives with complete clarity. Try to get things done at the correct time within a specific period of time. Once you follow the correct methods, things can become easier for you. Read More: What Is Continuity In Business, And Why Is It Important? Business Continuity Plan – What Is It, And How Does It Work? Disaster Recovery Vs Business Continuity – What Are The Differences?