ST bro.....in my view....one should not rely on share market for back up..... earnings....so back up should be..non Share market related....whether you are newbie or Veteran trader....it's apply for all....:thumb:
Yes but for a new trader who is not financially well off will find very difficult to invest in property which requires min 10-15 Lacs own contribution and a monthly outgo of 30-35 thousands in loan EMI....so he is creating more monthly financial burden on him in the initial period...property is ok after he becomes successful in trading and starts making money or he gets something in inheritence. So initially he has to go for financial assets as vehicles for investments.
I remember I used to find my HDFC loan installments also pretty tough...it is only after few years of success as trader that I got into multiple properties, my own investment portfolio of FD, shares and mutual funds....but initially the beginning was very humble as I had to create everything myself ( very slow process...brick by brick..) without any financial help from family. Few years of superlative profits in trading helped create these assets but that comes when one is successful in trading.
Smart_trade