Friday, December 2, 2016

Why you should enter in Stock Market?

Everyone wants to get rich, they know different ways to get rich, by hardworking for companies, by opening profitable business etc. list goes on, but when we take name of stock market people will say it is totally gambling. Yes in short term we cannot predict stock market but in long term we can always predict the market. In India only 5% people invest in stock market directly as they have demat account.

Now young generation wants to enter in stock market but they don’t know the procedure for How to enter in Stock Market?

It is very easy procedure enter in stock market you need one bank account. If you have already bank account it is very simple job, you need to open one demat account and trading account in banks they called three in one account, Saving + Demat + Trading.

What is Demat?

In India all shares of companies are traded in dematerialsed form means, no physical documents. If you purchase some shares it will come into your account in electronic form. For that purpose only this account you have to maintain with any firm which is offering suitable brokerage charges for you. I will suggest you should go with ZERODHA which apply minimum brokerage charges to its customers. You can compare with other company. Documents required are PAN card it is compulsory for opening demat account.

What is 3 in 1 account?

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Submitted December 02, 2016 at 08:35PM by Othersideof-coin http://ift.tt/2gKEwEW

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