Breakfast with Stocks
Let me introduce you to the Stock Market.
First of all what is Market?
Market is a place where trading occurs. Someone buys and someone sells.
Now Stock Market is the place where stocks are sold and bought.
Now what is Stock?
Stock (aka Share) is the ownership of a Company.
Why should you buy the Stocks?
We buy the stocks because we consider that stock will appreciate with time as price of land and house increases with the time.
How can you buy the stocks?
You can go to any broking firm and get your account opened. That is known as D-mat (dematerialized) account. As your money is deposited in your saving account, your shares or stocks are stored in your D-mat account in electronic form.
What kind of return you can expect from Stock Market?
Actually it depends only on you. If you trade yourself you can earn hell of money, but if you depend on others only God knows.
I can give you an example of Rakesh Jhunjhunwala: He started in 1985 with INR 5,000. Now his net worth is INR 1,000 crore.
How long can you hold the Stock?
If you have bought it with your own money, its your asset. You can sell it whenever you want. No Restrictions on holding period.
Where can you get the information about Stock Market?
There are only 2 websites which will provide you authentic information.
Where you can get the tips from?
If you want to earn you have to do it yourself. Then only you can earn the money.
If I can get tips which can make me a lot of money why will I give it to you. Why will I take the pain for that? The most I or anyone can do is to teach you how to know when to buy and when to sell.
Happy Trading
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