1. Assess the current situation of the market Assessing the current trends of the market always helps in making crucial decisions and in comparing the performance of the market in the past ten years.
2. Decide on your stand Decode the performance results and decide whether you want to go for short term trading or for long term investment depending upon various factors including taxes, profits and time you can devote to it.
3. Analyse the companies you are investing in The companies you invest in must be analysed from various angles management, performance in past years, future goals and using various accounting tools.
4. Gain some insights from verified experts After your personal calculation gaining some insights from verified experts can result in better planning, investment and returns .
5. Set your time period and expand Always have a path to walk on and set the time period till you want to invest in a company but have enough space for uncertainties and follow this with other companies and make your portfolio worth the returns.