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  1. Asked: September 3, 2021In: Investment

    How to Generate Regular Income from Stock Market?

    Srivatsav Contributor
    Added an answer on February 27, 2024 at 1:47 am

    Generate Regular Income from Stock Market (For Working Professionals) Many employees try to generate a passive income apart from their salary. As a part of it they try multiple ways. Most of the working professionals tried investing in stock market to generate regular income and failed (about 99%) IRead more

    Generate Regular Income from Stock Market (For Working Professionals)

    Many employees try to generate a passive income apart from their salary. As a part of it they try multiple ways. Most of the working professionals tried investing in stock market to generate regular income and failed (about 99%)

    I will give you the best working tips to generate regular income from the stock market.

    I will also explain the practical tips and strategies that employees can implement to generate regular income from the stock market while balancing their job.

    Things to do Before Investing

    Start with Education:

    Before entering into the stock market, you should invest time in educating yourself about basic investment principles and some strategies.

    Assess Risk Tolerance:

    Understand your risk tolerance level and investment accordingly. Employees with a low risk tolerance may opt for more conservative investment strategies, while those comfortable with higher risk may explore growth-oriented opportunities.

    Strategies to Generate Regular Income:

    Dividends:

    Invest in fundamentally strong and dividend-paying stocks. Dividends provide a consistent source of income, suitable for working professionals who want to generate a passive income source.

    Covered Call Writing:

    If you can able to spend some time during the market hours, you can Implement covered call writing strategies, where you own the underlying stock and sell call options against it.

    This strategy generates income through premium collection while potentially limiting downside risk.

    Bond Investments:

    Bonds offer fixed interest payments at regular intervals, providing a stable income stream. It is risk-free compared to investing in direct stocks.

    Real Estate Investment Trusts (REITs):

    Invest in REITs, which own and operate income-generating real estate properties. REITs typically distribute a significant portion of their income to shareholders in the form of dividends.

    Systematic Withdrawal Plans (SWPs):

    SWP is a mutual fund based plan. This allows you to periodically withdraw a fixed amount from your investment while potentially benefiting from market appreciation.

    Tips to Generate Regular Income from Stock Market:

    If you can able to implement the following tips before investing, you will definitely generate a passive income from the stock market.

    Diversification:

    Diversify your investment portfolio across different sectors, schemes and categories to minimise the risk and maximize returns.

    Monitor Regularly:

    Stay informed about market news, economic events (budget events, etc.,), and company related news.

    Regularly review and modify your portfolio if required.

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  2. Asked: February 26, 2024In: Investment

    Which Penny Stock will grow in 2024?

    Srivatsav Contributor
    Added an answer on February 27, 2024 at 12:55 am

    Booming Penny Stocks in 2024 Yes, there are plenty of penny stocks operating in the share markets and you can find a list of the best top 10 penny stocks for 2024 in the upcoming days.  Before getting into details of the penny stocks, I would like to spell out benefits you would obtain on investingRead more

    Booming Penny Stocks in 2024

    Yes, there are plenty of penny stocks operating in the share markets and you can find a list of the best top 10 penny stocks for 2024 in the upcoming days. 

    Before getting into details of the penny stocks, I would like to spell out benefits you would obtain on investing into  multibagger penny stocks. 

    Relax and understand the reasons that make the penny stocks rise up in 2024. 

    Benefits on Purchasing Penny Stocks @OTC 

    Usually, penny stocks are transacted in huge volumes Over the Counter, OTC, and you can earn sizable profits but it also involves significant risk. Penny stocks are of low prices and slight increases in the price can yield good profits. 

    You can enter into penny stock trading and adopt a diversified portfolio to spread the potential risks that arise in penny stocks. 

    Portfolio diversification can help you control your losses due to market volatility, and experts advise you to invest in different sectors, like industry, banking, power sectors, etc. 

    With so many benefits of the penny stocks, you can search online for the best stocks that fit in for 2024, however, please take a look at the listed stocks below

    Top Ten Penny Stocks in 2024 ( Financial Details )  Column1 Column2 Column3
    Name P/E RoCE RoE
    Virgo Global 29.56 21.53% 29.13%
    BAMPSL Securities 78.23 0.65% 0.55%
    Rajnish Wellness 0 2.71% 1.79%
    J Taparia Projects 8324 0.03% 0.01%
    Rasi Electrodes 15.27 9.85% 8.04%
    3P Land Holdings 22.25 3.01% 2.26%
    SAL Steel 42.73 9.83% 36.07%
    Saboo Sodium Chloro 830.14 4.97% 0.08%
    Lloyds Steels Industries 112.51 26.84% 24.09%
    Impex Ferro Tech 0 -26.69% 0%

    Best Penny Stocks for 2024

    Series 1, Series 2, Series 3 represent P/E, RoE, RoCE ratios 

    You must bear in mind to check the technical parameters                     (P/E,RoE, RoCE) in the company’s fundamental analysis and they are vital factors to define the performance of the Company’s Financial performance. 

     Penny Stocks : Consolidated Financial Status for 3 years Column1 Column2 Column3
    Name YTD (%) 1 Year (%) 3 Years (%)
    Virgo Global 71.73% 0.00% 1691.67%
    BAMPSL Securities 19.76% 31.91% 1374.63%
    Rajnish Wellness -11.01% 38.63% 0.00%
    J Taparia Projects 197.71% 345.61% 5376.32%
    Rasi Electrodes -2.38% 52.90% 538.10%
    3P Land Holdings 14.29% 24.68% 138.51%
    SAL Steel 18.27% 110.65% 535.71%
    Saboo Sodium Chloro 2.97% 17.55% 313.10%
    Lloyds Steels Industries 137.77% 153.47% 4700.00%
    Impex Ferro Tech -36.78% -58.02% 161.90%

    Booming Penny Stocks 2024

    Series 1, Series 2, Series 3 represents YTD, 1 year, 3 Years

    Virgo Global Ltd: 

    As on November 02 2023, Virgo Global Ltd is at INR 8.83 with a 52 week high at 17.59 and 52 week low at 3.06. 

    The company has given a growth rate of 163.42% in the past one year and in the past five years from 2018 to 2023 it has recorded a growth rate of 1,157.75%. 

    The company projects an all time high of 95.4%. Therefore it is a right investment for 2024. 

    Best Penny Stock under 10 rupees

    SAL Steel: 

    As on November 02, 2023, you will find the share price of Sal Steel to hold at 16.05 and in the last one year, the share has shown steady rise of +34.31%. 

    In the past 5 years,  it has shown a steady rise of 167.5%, and the maximum share growth since the inception of the company into markets is -10.34%. 

    The share price records a 52 week high at 23.30 and 52 week low at 11.60. The market capital of the company is 1.35 billion, and the average volume of trade is 84.16 K. 

    Penny Stocks below 20

    Likewise, you can obtain the graphs and the corresponding performance of the stocks for a week, month, year, 5 year and all time. In addition, you can get a grasp of the volume trades, and market capital.

    These graphs shall give sufficient data to decide whether to go for or drop the idea of purchasing the stocks that are most likely to rise in 2024. 

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