New found Passion : Stock Marketing

I was looking all the possible options so that my wife won't sit idle before she get a job. The kind of criteria which she is looking (and I prefer) - near and good in place like Mumbai will take time to realize. I hit upon the idea of making her spent time on stock marketing. Since past few weeks she started reading business pages (which was non-existent till yesterday), business sites and sites which gives readings of sensex. Even I suggested to keep an eye on some companies which is worth the investment according to me for a long term. While trying to help her, I slowly started having interest in stock. It's now a new found passion for me.

I took back the password of my demat account which was with my uncle since I opened the account. Today, the moment I reached office, I bought shares of NTPC and Satyam Computers.

NTPC because it is PSUs and the upcoming budget may have something for power sector as the need of power is going to manifold as India progresses.

Satyam because after the change of guard it is going to do better. Satyam has the manpower, infrastructure and process to do well in some point of time. The effect of scandal is slowly mitigating and things started improving. It will be back to its original position in some point of time.

These were my reasons for buying. I listened to my colleagues who were in stock market since long time but, I took little or no advice from them as it is going to my own hard-money to be invested. So, I want only myself to be blamed if things goes busted or worst.

Both the shares I bought showed some profit in the beginning. But, after lunch time both are in RED. Let's see what happens in long run.

Some more investment will happen soon but, not much.


Caution : Investing in share market is like tiger waiting for prey