For salaried people, the ideal thing to do is to first build a decent corpus by saving in fixed income instruments or by SIP in mutual funds over a period of few years. And utilise that time to learn the ropes of investing. Once a decent amount is available and enough knowledge is acquired during that time, there will be enough of funds and knowledge both.
Other option is to have a list of few select companies and have certain price levels set where its lucrative to invest in them. So if a couple of stocks from a list of 10-15 have run up, one can choose from rest of them.
One thing I have noticed in most new investors entering markets during bull phase ( the lure of making big money during bull markets is at its peak) is that they want to jump right into the markets without proper knowledge on how to analyse companies and how the markets work. Mistakes made during bull markets are likely to be very costly especially for new investors starting off with their hard earned money.
Learning to invest is a serious endeavour, almost similar to clearing medical studies. It requires equal amount of passion and devotion. The path is simple, reading well recommended books ( pointed out many times in the past in this and other threads) , observe how things work in the markets, follow few good investors, connect with them and try to learn, so on. But it takes time and efforts. So even if one misses the current bull run, the learning will be useful in the next bull run. Stock markets always have had bull and bear markets off and on, so there should be no fear of missing out.
@pcygnii Fluorochem is showing price strength after a long time. I don’t track it too closely now.
@hitesh97 You can check this or other threads to find out list of books needed to be read for learning about investing.
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