The world of investing can be cold and hard. Know the boundaries of your comfort zone and practice stepping out of it in small doses.
But if you do thorough research and keep your head on straight, your chances of long-term success are good. Before taking an investment plunge you need to have some knowledge of its outcome.
If you think investing is gambling, you're doing it wrong. The work involved requires planning ,patience and forecasting. There's no room for pride in this kind of self-analysis. Do your homework before making a decision. And once you've made a decision, make sure to re-evaluate your judgement with a bit of what-if scenarios.
Here's an app which will help you to do those simulations in the form of a simple calculator interface.
-- Return on your Investment
-- Inflation effect on your investment
-- Compounded annual growth rate
-- SIP calculator
-- Debt Income ratio
-- and much more
check it out. Make your investment decisions before it gets too dark