The next Big BULL... Is that you?. Review on Sify

Equity & Mutual Funds catch our fancy some time or the other. Be it for long term investments or just short term - trading. Some do it to earn money, for some its a profession & some invest to get tax benefits.

What ever the case maybe, its not a game that we can play with fake currency notes like we played when we were children. It's our hard earned money that is at stake and so we need to be careful. People say its a risky business & its better to be away from it.

The secret to being successful in stocks is to study the market properly. Do an extensive research. Keep a constant track on the prices & that too in real time to understand the trends. Know when the market is bullish or bearish. And most important, understand these terms.

I learnt my lessons at https://content.icicidirect.com/learning/university.htm

If you would ask me anything almost three years ago, I wouldn't be able to figure out head or tail. But after visiting this site I can now say I am literate about these matters. You may be new to investing or have been investing for a while, the online courses can help you learn how to invest better and smartly. The courses are comprehensive but simple and easy to understand.

Monitor in real time.

Now the main question. How do you know the daily price of this volatile market. Either you watch business channels on the TV or follow Newspapers. Better still use online Portfolio Managers.

There are quite a few Portfolio managers available today. But I prefer Sify's free portfolio manager.

Go to sify.com & then click on the third tab "Business" between "Astrology" & "Classifieds". Now click on "Portfolio Manager" just below "Business" If you find that difficult you can access it from https://login.sify.com/login.php?sid=bv&sn=ww&rurl=https://sify.com/finance/wal
let/mywallet.php

What can you do?

Sify's Portfolio manager allows you to buy, sell, and monitor stocks in real time. The Portfolio Manager tracks and monitors all your investments, cash flow and assets, through live price updates. Investments like equity, mutual funds, fixed deposits, debentures, forex, real estate can be tracked. Your portfolio stocks are updated live from BSE and NSE quotes.

You can even keep a track of the dividends earned to calculate the final Loss / Gained amount.

This is merely a demonstration of how to watch and track your investments. You do not invest your actual money but can keep a track on the price rise & fall over a period of time & understand the market.

This is a place where you can afford to make mistakes as you are not going to loose actual money. What I did was, I decided to invest a particular amount [Not real money] & kept playing with it by buying & selling instruments from time to time, I got the hang of it.

You can visit https://sify.com/finance/wallet/pm/portfoliohelp.php#how to know how you can use this portfolio manager effectively.

I learnt it this way. And I recammond this portfolio manager as its very user friendly. Even if you donot intend to invest or trade I would suggest that you try your hands on this one. Who knows you might come up with a little trade secret & be the next BIG BULL.

Ratings & Comments welcome.