After a long break!!

Hi,

Today after long time, i am turning my interest towards making money. some 7 months back i have opened a demat account with one of the NSDL DP. This is mainly because some of roomies insisted on buying/selling stocks to make money. In fact my interest to develop my stock trading knowledge also stimulates me to open up a Demat account. I didnt start trading after opening demat a/c for 2 months, after which i started my first trade in NSE. Because of my financial conditions and circumstances, I am not much encouraged to take more risks in stock trading (Hell! I entered the market when the market is bullish). I am afraid to take more risks and deceided to invest a minimum sum. Since i averse risks, i deceided to stay invested and my goal is to earn over long term. So whatever minumum sum, i stay invested and didnt sell any of my stocks. Now my stocks are under performing, loosing over 60% of my minimum investment within 6 months of my entry. I am not much worried about it now, since i am focussing on long term. My interest is back, Thanks to one of my friend who began stock trading now. We were discussing about trading and some factors which we need to consider in buying and selling. Today i am searching for stock analysis and hit the below page about the DOW Theory which acts as the base for technical analysis.

http://www.wallstreetcosmos.com/ta.html

First activity in my To-Do list is applying for Re-issue of Pan card (I lost my previous one!). This financial year i am planning to make more risks in the capital markets.

1) ELSS Mutual fund (Now most of the ELSS MFs are performaing 60 % lower than 6 months before). Best time to enter MF and minumum risk involved. I have deceided to pick any one from the following.

• Fidelity Tax Advantage Fund
• SBI Magnum Tax Saver

After applying for PAN, i will start SIP in any of the above 2 funds.

2) Recurring Deposit - No Risk at all. I thought of opening an RD account with minumum of Rs 500 for one year.

3) Capital Markets - minumum available

Lets see how much of my plan works out. I also started believing "Greed is good".

Thanks!