STOCKS

 TODAY TODAY LET'S ME TELL YOU SOMETHING

Do you know what I did? Do you know what were my mistakes? Do you know what happened...so I got my account and added money to my wallet in the stock market and now I was ready to trade just I was a minute away to buy stock in the company I got excited and I invested in Reliance naval and engineering ltd. I bought it without even thinking and suddenly after buying the price went down I got tensed and I asked my dad what to do and he suggested I sell if I am willing to do so. I sold them without even thinking and waiting next minute after selling them it regain their value and prices went up even I only had a loss of 50 rupees and 15 rupees transaction charges but I learned many things that day we should think before investing we should do research before investing we should never panic. when we make a decision and we are confident about it we should never regret it. Moreover, if we get lost we should get over and move on rather than regretting loss. When we are investing in stocks we should remember one thing when you put money in it that's it forget about the money just think you have lost it totally think that you lost your money because we have to remember one thing the way it shows profit it also shows loss it has a high rate of risk so think you lost money even before you actually lose money it makes easier to accept the truth and makes you comfortable with the loss.

STOCKS

let's open a Demat account through which we are going to get live into buying stocks what is required to Demat account? a pan card an account Aadhaar card I think they are more than enough but for the purpose of clarity I provided a link that would be helpful for reference if not just try to google it there you will get more information
https://www.indiainfoline.com/about-demat-account/documents-required-to-open-demat-account
while opening a Demat account just beware of the charges like it varies from app to app person to person the charges are more important like some say opening an account in their app is free but you have to pay a maintenance charge for keeping that account and some say opening the account is not free but account maintenance charge is less or minimal they are many charges like Annual Account maintenance fee trading fee brokerage fee account opening fee Dematerialization of share certificates Rematerialization of share certificates they are many apps out there what happens with them is the way they provide the service the way they take care of the network, framework, app interface using experience the accessibility changes from app to app and charges they are not the same for all apps what is our biggest task before trading is we should choose an app where we are going to trade. some of the apps for trading
ZERODHA
 IIFL SECURITIES
GROW MORE
there are many apps still I cannot say which one is the best for that you have to compare yourself and know the benefits of joining a particular app.

STOCKS

 Still doesn't agree with me in investing in stocks! right?

Wait let me tell you a simple and true example... So in 2002 when I was born my father used to invest in the stock market at that time he knew a share called tanla solutions do you know what its price was at that time it was 3 Rupees per share and price of gold was around 6000 per 10 gms I assume and land rates were nominal I too don't have much idea about in land rates but they were nominal... Now after 18 years can you guess the price of tanla solutions you can google it the price went up to 1100 per share just imagine you do nothing just invest 3 rupees in a share and never again bother about it and after 18 years it gives you 1000 rupees without doing nothing now 1000 rupees is not a big price let me explain you this way you invested 3000 that means you get 1000 shares of tanla solutions and now if you are going to sell them then you will almost get 10 lakhs if we Only Invested 3000 thousand you are getting 10 lakhs what if you invested 3 lakhs 3 crores in 2002? Just imagine the numbers and gold rate now it is around 51k yes gold rates too increased but do the math stocks gives us more money than gold and do you know what starting of the lockdown tanla solutions were still at 60 rupees per share suddenly it rose up to 1000 rupees per share... Still doesn't agree with me... Stocks may be risky but when you are confident and you have researched everything before investing then you just have to sit back and rest... Gold may be stolen gold may be evaporated... But stocks never!

STOCKS

 Why invest in stocks when there is high risk?

Everyone invests money in either stocks or gold or land because if you have x amount of money with you for a certain period of time then the value of money decreases! Yes, the value of money decreases! So let us consider an example we bought a Tv one year back and when we were checking its price recently it rises around 4k. If we didn't buy Tv last year and we would keep the money as it is and Now, if try to buy it with the same amount would it happen! The price has increased right but the amount of money is the same! Now did the value of money changed? no, but I am not able to buy the Tv! Prices will increase every day if we stagnate the money then you are letting the value of your money decrease! So this is the main reason everyone invests money in something. As we know stocks are very risky but the only thing is that it also the best way to earn money... I saw somewhere it said the stock market gives 1600% returns and land gives around 400-500 % returns whereas gold gives around 200%. Now 1600% is not a joke and this money is also taxed so you earning it legally right? So most of them invest in stocks.