Starter in investing?

Question

i m jst a +2 passed out studyin economics having my little savings with me,, want to invest them in shares.. plz let me knw wat r the formalities that r to b fulfilled b4 investing,, wats DEMAT ac, with whom to open that, what can b the charges etc,, i l b really thankful to u.,,.

Answer 1

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Answer 2

Go to your bank and open up an account charges are probably 2-3% for mer costs or $7 per trade.  It would help if people could actually read what you typed?

Answer 3

tradingsolution.org to sites on the

Internet for forex!

Browse our resources or just

try the search

http://tradingsolution.org/

Answer 4

demat account is account where the shares are debited or credited in DEMATERIALIZED form, similar to a bank deposite a/c. where we deposite money.

Demat a/c. is to be opened with any depository

For that a PAN card is must.

U will have to open a trading account with any member of an exchange u wish to trade into.

U can open your demat a/c. with the broker as well

I guess being 18 is a must coz. u need to give some sort of declaration  or some binding contract, for which u need to be 18. Not sure on this age aspect.

My personal opinion.............. do not go for active trading all by yourself at this age. Go for indirect investment.

Answer 5

To open demat  account.

First obtain PAN card through UTI or any other source.

Then open demat account with any of leading brokers houses like

ICICIDIRCT.COM.

Reliance Money any more brokers houses.

as per my info

Reliance Money offers the best brokerage plans.