For retirement planning, diversification of your portfolio is the key to preventing or minimising losses from market volatility; stick to large caps if you are unsure which stocks to pick.

Investing in the stock market isn’t complicated, but if you are a first-time investor, remember to evaluate the company’s earnings, cash flows, valuation, debt, etc., before applying for IPOs and stocks.

Stock investing offers many opportunities for wealth creation for both young and old investors, provided they have adequate information on the shares and select the right ones.