Educational thread: Investment mistakes you can make in your 20s:
1. Not a having a plan: 20s is the perfect time to start thinking about finances. There are less responsibilities, expenditure and the scope of savings is huge. Now is the time to think long-term.
2. Not knowing what to do with your earnings: In this knowledge-driven world, there is no shortage of data needed for research kn investments. Find out the investment options, the risks associated and make an investment plan.
3. Not diversifying your portfolio: While 20s is the time when you can go all in on risky instruments, one should be rational in investing. Have a mix of investments of different types with different risk levels. Too risky, not risky: both are bad.
4. Swimming in debts: Your 20s shouldn't be the time you are swimming & drowning in debts. Try to be as debt-free as possible. Not only will it save you time, but also open up possibilities for more investments.
5. Not tracking your money: A simple list of the things you spend your money on is the bare minimum you can do. Track your expenses. Know where you are spending unnecessarily. If they are not needed, cut it off. As simple as that.
6. Not taking advantage of your free time to earn more: Having some time to chill? Why not spend it learning a skill? You can trade, freelance, teach, work part-time! The options are endless.
7. Read more: Go through the Elearnmarkets Blog,and pave your way to Financial Literacy!

@vineetpatawari @vinaypagaria @vivbajaj

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with elearnmarkets

elearnmarkets Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @elearnmarkets

13 Sep
Educational thread: 6 saving tips that will cut down your expenses! Read and share:
1. Introspect: Without a doubt, the first step to plan more savings is self-reflect. Ask yourself, how much are you spending on unnecessary things? How impulsive are you when it comes to shopping? You will get a lot of answers!
2. Chart a budget plan: Try to jot down your daily spending in a diary or spreadsheet. Writing provides much needed clarity on every subject!
Read 9 tweets
12 Sep
Educational thread: 6 Bad Financial Habits you should Avoid at all costs! Read and share:
1. Biting off more than you chew: While loans, credit cards ease your financial burden at the moment, piling them up is never a great idea. If this is your case, investing will be a distant dream.
2. Bad credit score: Most Indians are unaware of how credit scores are calculated. Even simple things like not paying bills, late payments can reflect adversely on your credit score. This can backfire in your future, if you apply for loans.
Read 9 tweets
1 Sep
When Elearnmarkets was born, our goal was simple: educate and groom better Stock Market participants. It's the same, even today.

Here are some blog posts you can go through if you are trading in the Indian Stock Market:
( 1.) 7 common reasons why traders lose money in Intraday Trading:

Intraday trading needs good strategies and not intuition. Learn these factors which might be responsible for your losses.
( 2.) 10 Proven Strategies to Always Stay In Profit:

Booking profits is all about patience and grit. Learn these strategies to stay ahead of everyone.
Read 7 tweets
18 Sep 18
Lessons from the wonderful book of @PhilipAFisher - Common Stocks and Uncommon Profits -

The 15 points to look for in a share before investing -

#WhatToBuy #SimplifyFinance

ps- In case u wish to learn the art of stock selection in details -
Does the company have products or services with sufficient market potential to make possible a sizable increase in sales for at least several years?

#WhatToBuy #SimplifyFinance
Does the management have a determination to continue to develop products or processes that will further increase total sales when the growth potentials of currently attractive product lines have largely been exploited?

#WhatToBuy #SimplifyFinance
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!