Beginners Guide - New Don't know anything - Stock Market in NEW TO TRADING & INVESTMENTS? - Sir, I am preparing for govt job and beside i want to invest 2000-3000rs per month. so sir 1st question ...
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New Don't know anything - Stock Market

  1. New Don't know anything - Stock Market

    Sir, I am preparing for govt job and beside i want to invest 2000-3000rs per month. so sir 1st question is 2000-3000rs can i invest in market??
    2nd question i have how to start ??


  2. well, yes, i started with 2000 way back in 2005 ... initial years, make sure to learn a lot and lose little and for that matter starting with low capital is ideal ...

    Open a demat / trading account and get started







  3. You can definitely invest in stock market but before that getting your basics right is the most important part. Below are some procedures to invest in stock market :

    1) Get yourself a PAN (Permanent Account No.), if you don't have one. PAN no is mandatory for any financial/investment transaction in India, including Mutual Fund investments.
    2) Open a trading account with ICICIDirect or an Investment account with any bank. If you already have a bank account with any bank, opening the investment or trading account is fairly simple.
    3) Dont jump into shares investing straightway. DO that only if you have good understanding about the market. Try investing in mutual funds with like 500 or 1000 rs.
    4) You need to put some research work into this. Try and find out which is the best mutual fund to invest into. You will get reports of all the mutual funds from virtual stock market websites. That you can refer.
    5) Make sure to monitor your investments every 3 months or so. Check what returns the fund has given you.

    All the best Bud

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