Month: March 2017

Top stock investing mistakes to avoid as a beginner

If you are a newbie in the world of investment, there are chances that you will make mistakes as you move ahead on the path of financial success. While some of the mistakes will prove to be a lesson, some can jeopardise your dream of stock market success.

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Irrespective of stocks you choose to invest in, there are a few tips and tricks without which you can make a profitable investment. We have enumerated a list of mistakes to avoid as a beginner in stock market.

  1. Investing without a plan:

Invest in Indusind bank, the stock is bound to rise. You went ahead with the investment without analysing indusind bank share price and trends and ended up in loss. Not having an investment plan is like travelling to an unknown land without a map. You will end up in loss. A good investment plan includes your own goals, finances, risk appetite, and benchmarks to measure your success. It will keep you focussed and enable you to make informed investment decisions.

  1. Investing in Bulk:

Investing all your hard earned money in one go is yet another mistake that leads to failure in the stock market. It increases the risk of loss to a great extent. Also, it paralyses your financial portfolio. Start investing small, and gradually increase the amount of investment as you understand the working of the markets. This will again help you make profitable investment decisions.

  1. Putting all eggs in one basket:

Another mistake that beginners make is putting 100% funds in a single type of asset. The best way to minimise stock market risk is to diversify money. If you are making one risky investment then it is important to balance it with a stable one. A good financial portfolio consists of equities, bonds, FDs, insurance etc.

  1. Having no investment plan

Venturing into investing without having a plan is like starting a voyage without a compass. You will end up as a loser. Before you start investing, you must have a personal investment plan or policy that include your goals and objectives, the risks that are relevant to your chosen investment style, the benchmarks for measuring your success, and your plans to diversify your investment. Having a plan will keep you focused and disciplined, and will help you adhere to a healthy long-term policy even when market conditions are unfavourable.

  1. Investing cash reserves

Yes, you have a burning zeal to bump into the investing world and start making huge fortunes later. That’s good, and that’s just the same motive every investor has. But most of the time, you will have this strong urge to pump all the money you have into your investment. Never give in to this urge, as it would make you regret bitterly in the long run.

Having an investment doesn’t mean you should have no liquid assets left. You should always set aside a good amount of cash for emergencies and opportunities that may never come again. Granted, saving your cash brings no returns, but investing everything is very risky as well.

Four Mosques To Visit In Hyderabad To Rejuvenate Your Spirit

When you travel from one place to another, it can be for work or leisure. You make sure to get your work done and try and explore the city’s sights, scenes, and cuisines.

During the holidays, many flights fly from Dubai to Hyderabad. After all, many Hyderabadis call the UAE their home. When they reach Hyderabad, they explore the city’s architectural wonders, food, and warm people.

However, there’s another aspect of the city that’s worth exploring. It’s the mosques.

These places of worship have been a part of Hyderabad’s culture and skyline for a long time. Drawing their influences from the Mughals, Nizams, and even the world, they are the best places to take a break, thank the all-mighty for blessings, and rejuvenate. Here are some of the city’s best mosques to visit.

1.Jama Masjid

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One of Hyderabad’s oldest mosques, it is also one of the grandest. Built by Muhammad Quli Qutub Shah in 1597, the Jama Masjid is one of the most famous sights of this city.

Flocked by devout Muslims as well as tourists, the Jama Masjid is the ideal blend of architecture and grace. It’s earlier avatars include a school as well as a monastery. A unique aspect about the mosque is the presence of an ancient Turkish bath. Old and yet bold, the Jama Masjid remains one of the principal places of worship in Hyderabad.

2.Mecca Masjid

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A listed heritage building, the Mecca Masjid in Hyderabad is one of India’s largest masjids. It was Muhammad Quli Qutb Shah, the fifth ruler of the Qutb Shahi dynasty, who had bricks made from the soil brought from Mecca, the holiest place in Islam for the construction of the mosque’s central arch thus giving the mosque its name.

The mosque attracts many tourists for its stunning hall which is said to accommodate 10,000 people. The other attraction is a room in the courtyard which stores holy relics and one of the relics is the hair of Prophet Muhammad.

3.Begumpet Mosque

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A popular attraction, the Begumpet Mosque also goes by other names such as Spanish Mosque, Masjid Iqbal Ud Daula, and Mosque of the Moors.

It is famous for its Moorish-style architecture which is said to be one-of-kind in India. One of the most distinctive features of this mosque is the presence of spires instead of minarets or domes which are characteristic of mosques.

4.Shahi Masjid

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Located inside public gardens which were built in 1846 during the Nizam rule, the Shahi Masjid is a soothing place to visit. It’s said that the last Nizam and his family used to visit the mosque to offer prayers and hence the name. (Shahi = Royal)

The mosque has a graceful appearance and showcases the best of Nizam’s dynasty. From the domes and minarets to the columns and arches; the mosque is simply gorgeous. The mosque can accommodate 102 people at a time. The best time to visit the Shahi Masjid is during Friday prayers.

There is no better way to rejuvenate yourself than to pay a visit to these magnificent mosques in Hyderabad.