How to buy your first stock?
Buy your first stock Introduction These days people are getting attracted to equities and other related instruments viz Mutual Funds, ETFs, etc. However, multiple factors are held responsible for under penetration of Indian Stock Markets viz, Various Scams in the past - Harshad Mehta Scam, Ketan Parekh Scam Perception of equating SM with Gambling Low Risk-taking culture in our nation Lack of financial knowledge base Fear of Losing your hard-earned money (FOLO) Volatile nature of Returns Fixed Income schemes being more popular with guaranteed returns And much more…. In India, only 2.5% of the population has exposure to the financial markets ( Source: FE ) whereas the percentage is as high as 90 in developed economies. Here in this article, we will look at how to get started in equity and how to buy your first stock. However, what to buy and when to buy, what all research is to be carried out will be discussed in a separate series based...