2007-06-26 00:15:33 · 5 answers · asked by a-j 1 in Business & Finance ➔ Investing
I am informed that Bhartiya Vidya Bhawan a New Delhi (perhaps elsewhere also) is offering a professional course, and it should be worthwhile.
2007-06-26 00:23:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Stock is ownership interest in a business. It is not just a piece of paper to be bought and sold. In stock investing, buying and selling is a means. It is not an end.
When you buy a stock you become part owner of a business. Period. The value of your ownership will rise and fall according to the success of the underlying business. The more money the business makes; the more your stake in it will be worth.
Stocks are but one of many possible investment. Why invest in stocks? The reason most investors invest in stocks is because it provides the greatest potential for possible returns. Mind you I said potential. No investment is fool proof. There is the possibility that you can lose some or all of your money.
You ask: "If I can lose money, then why invest. I don't won't to lose money"? In the short term stocks are very volatile. In the long term they are great investments.
Armed with the right knowledge in your financial arsenal, it is possible to pick the right businesses and stay away from the wrong ones. Over the long haul, your money can work harder for you in stock, than just about any other investment.
Stock investing requires more time and effort and carries a higher degree of risk, but the potential rewards are well worth the time and effort.
2007-06-26 05:08:15 · answer #2 · answered by anthony s 2 · 0⤊ 0⤋
Check out the following books for some good info:
1) Mutual Funds for Dummies, by Eric Tyson
2) http://www.invest-for-retirement.com has a free downloadable book
3) The Five Rules for Successful Stock Investing, by Pat Dorsey
2007-06-26 05:15:06 · answer #3 · answered by derobake 4 · 0⤊ 0⤋
Hi,
First, I would like to warn you. Share market is not a place to EARN money, but a place to INVEST money. Means, you should ideally have another steady source of income. Because you can not depend on market for your earning.
Having said this, you can refer to the sources mentioned in other answers to your question, to know more about the share market in general. Do thourough study for some time, say about one year, and then enter in the market.
As far as actual investment is concerned, you will need your PAN number. As you are 18, you are eligible to get PAN card. Apply for it. You will also need a bank account, a demat account (with any DP), and a trading account (with a share broker). Then you can start investing on your own.
2007-06-26 05:02:03 · answer #4 · answered by Maulik Bhatt 5 · 0⤊ 0⤋
Take 12 months or more & read everything you can on investing. Doing less is not investing.... it's gambling (and you will lose).......................
Consider yourself warned.
2007-06-26 01:02:35 · answer #5 · answered by Common Sense 7 · 0⤊ 0⤋