I have no idea about this, i need to make some extra cash and thought about investing, can anyone explain it to me and where do i begin?
thanks.
"Stocks or shares as some people call them are the same thing, which is basically a share in the ownership, assets and earnings of the underlying company. If you own a share of a
company’s stock, you are now a part owner of the company. As you purchase more of the company’s stock, your portion of ownership and dividends increases. The importance of
owning stock is your claim on the company’s assets and earnings. Without this claim, the stock that you own will be worthless.
That means if you bought shares in Microsoft, you are a small shareholder in the
Microsoft Company. Being a shareholder, entitles you to any voting rights attached to the stock, as well as a small percentage of everything that the company owns. Yup, so
technically, you own a very small part of every trademark, program, or sale the company makes. (Wipe that smile off your face, the portion you get is only equivalent to what you own. ?)"
You can make money buy going long, short or on the dividends.
Got that from my Stock & Option Trader's Edge course I bought.
Hope that helps
garry
There are numerous explanatory web sites on this topic . Google or Wiki your specific question. I will say that you are picking an excellent time to buy as all markets are in the toilet. So, pick a blue chip, check its hstory and go for it. It's hard to make a mistake at this time.
References :
First get an Income Tax PAN card,
Secondly, Open 3-in-1 Account with HDFC Bank / ICICI Bank (Savings Bank Account + Demat Account + Trading Account)
Or
Open Only Savings Bank Account with HDFC Bank / ICICI Bank and Demat and Trading Account with any reliable stock broker (Reliance Money / India Infoline / Indiabulls / Kotak Securities / Edelweiss Capital / Geogit Securities).
Start watching CNBC TV 18 everyday from 9 a.m. to 1 p.m. and from 9 p.m. to 10 p.m. every night for a week.
Invest only in Top 5 to 10 Scrips of Indian Stock market:
Reliance Industries (RELIANCE), Oil & Natural Gas Corporation (ONGC), NTPC, Bharti Airtel (BHARTIARTL), ICICI Bank (ICICIBANK), Larsen & Toubro (LT), Bharat Heavy Electricals (BHEL), Steel Authority of India (SAIL), Tata Consultancy Services (TCS) and Housing Development Finance Corporation (HDFC).
You can email / message me anytime if you need more advice. My Email address is aramaiya@yahoo.com .
References :
"Stocks or shares as some people call them are the same thing, which is basically a share in the ownership, assets and earnings of the underlying company. If you own a share of a
company’s stock, you are now a part owner of the company. As you purchase more of the company’s stock, your portion of ownership and dividends increases. The importance of
owning stock is your claim on the company’s assets and earnings. Without this claim, the stock that you own will be worthless.
That means if you bought shares in Microsoft, you are a small shareholder in the
Microsoft Company. Being a shareholder, entitles you to any voting rights attached to the stock, as well as a small percentage of everything that the company owns. Yup, so
technically, you own a very small part of every trademark, program, or sale the company makes. (Wipe that smile off your face, the portion you get is only equivalent to what you own. ?)"
You can make money buy going long, short or on the dividends.
Got that from my Stock & Option Trader's Edge course I bought.
Hope that helps
garry
References :
http://www.elitemarketeer.com/option-trading-system.htm
http://ezinearticles.com/?Some-Option-Trading-Tips&id=926110