i want to invest some money onto shares .. tell me the exact process that i need to start with ?
2011-02-05 09:45:48 UTC
i want to invest some money onto shares .. tell me the exact process that i need to start with ? and precautions i need to take before investing and how to keep upto date
Thirteen answers:
?
2011-02-06 03:32:52 UTC
first you apply for pan card and get it
then have an sb account and keep it with you
then have passport size photos
then keep address proof
then approach any share market broker to open a de mat account
you plan how much to invest , whether short term or long term or intraday
you should be prepared even if you loose the entire investment is lost
then select some share names and carefully watch their movements at least for one full month
then go for investment
if you are careful enough and or/lucky enough you can earn profit
if you are only careful alone and not lucky you can survive
all the best
2011-02-05 20:08:30 UTC
First, make sure you read some good investing web sites like the Motley Fool Investing Forum, Royalty Trades, and the American Association of Individual Investors. There you can learn what strategies to use.
Then spend some time at a virtual investing site like Marketocracy where you can practice trading without losing any real money.
Then sign up with a discount broker like TradeKing. They have the best mix of low costs and customer service.
2011-02-05 18:04:49 UTC
Since you have completely no experience I suggest that you do not go anywhere near a broker until you learn the basics.
Online trading in the stock market offers unlimited potential profits....but....The first thing you need to know is that most beginners lose money. Most people rush in to trading looking for easy money without really knowing what they are doing.
Try virtual trading before you risk real cash.
Virtual trading will let you see if you can make money and will give you the knowledge and experience that you need to become successful without risking your savings first.
You will learn a lot and you will still have your start up fund in the bank until you know you can make money from trading.
2011-02-05 17:55:11 UTC
Since you have completely no experience, I suggest that you open an account with a reputable company like a Morgan Stanley, Fidelity and not start online trading as trades may be cheaper.
I also suggest that even if if they suggest a purchase, use your common sense, read the documentation (no matter how boring as ask questions of your broker). It's called due diligence. Do it.
You can also google/yahoo many finance discussions groups to get a feel of what you're diving into.
?
2011-02-09 12:52:25 UTC
A newbie investor like you should start stocking up on his knowledge before investing in shares. You need to become a voracious reader of stock market news and analysis in newspapers, magazines, journals, as well as financial portals. Once you think you are ready, start by opening an online trading account with a reputable broker firm like GEPL Capital. In fact, GEPL also offers Demat solutions as part of its stock trading services. Other than a trading and Demat account, you will need a web-enabled bank account to start buying and selling shares online!
2011-02-09 05:27:46 UTC
Hi,
i think you are new in this fild, first off all you need Research on the company or sector you are planning to invest.
what you think about its future. Which sector are good for investing like banking, real estate, infrastructure etc...
Market news is very important for a smart investor...
So you start with mutual fund it is safe and return is also good.
For any business and marketing ideas, try to visit online B2B marketplaces full of business opportunities.
http://dir.indiamart.com/
bitterman
2011-02-06 00:20:59 UTC
first of all you decide how much money you can invest. be prepared that even if all the money is lost in trading you should not get affected
then get pancard . then apply for demant account and get it opened
then at least for one full month you watch the movement of share
you select some ten or 15 shares and watch their movement carefully day by day and time by time
then you can go for trading in those shares first and then slowly watch the movement of some other shares which grow faster .thereafter you can go for them also
2011-02-08 23:51:07 UTC
I can see from your question that you are interested in making smart investment
choices.My mother is right into investing and has accumulated a substantial
amount of wealth through investing in property.shares,stocks,bonds and mutual
funds.I asked her how I could duplicate her success and she gave me a website
address that she found that gave her an in depth knowledge of investing strategies
and how to implement them.The website address is below check it out it's already
helped me get started in the right direction!
2011-02-07 06:46:05 UTC
First open a DEMAT account with your bank. As you are new to stock market, I would suggest you to open a trading account with a broker. Go for Sushil finance as they provide good intra-day tips. You can start with small, stable stocks and then move on to big stocks. You can check Sushil finance's services at www.sushilfinance.com/homepage.aspx All the best for your future in trading!
2011-02-05 20:02:41 UTC
Here you have all the process steps you need to do in order to get started :