If full economic stability is to be
achieved and the world is to liberate itself from poverty, then
people should start thinking and acting like businessmen. Just assume
that you have lost your job now, what would happen to the lifestyle
you are living?
Young Men and Women also say that they
have time to invest, before they realize it is too late and have
mouths to feed, hence become salary dependant. By 24th day
of the month the person lives on loans to be paid when salary comes.
Start saving and investing NOW!!
How to start an equity Investment
One needs to visit any commercial bank
that is involved in the trading of shares. Open a CDS (Central
Depository and Settlement account), deposit some money and instruct
the stock brokers to buy you shares. Monitor the capital market to
see how the shares you have are doing and trading them to your
advantage.
Reason to choose Equity
Investment over other forms of investments
I have prepared six or so reasons as to
why one should actually do equity investment.
- Easy like ABC.
It is pretty easy
to start an equity investment as explained above the activity should
not even take more than 60mins to complete. Unlike other forms of
investment like say, running a shop, it doesn’t require a constant
supervision. Very suitable for a ‘side business.’ With the
technological advances one can also trade shares online in real time.
- Money working for you.
At the end of a
financial year the corporation you bought your shares from will
release its performance of the previous year and give dividends to
the share holders. The money you invested in that company will work
for you (probably when you are sleeping) and give you some profit
that you don’t even know how it came about.
You can buy shares
of a small company and after 10yrs of running the company has grown
to a multi-billion company and the market value of the shares will
definitely rise. You sell the shares and ripe off the profit.
- It’s a form of saving.
The equity
investment is a better way to invest unlike in banks where you are
given all forms of accessing your money (OTC, ATM, Cheque, and wire
transfer) and the money is subjected to several charges to operate
the account. The investment made in the shares can be ‘forgotten’
and also gain value in terms of bonus shares, capital appreciation,
and dividends.
- Playing Part in Economic development.
By investing in a
corporation that is running in a particular country, then you are
definitely an asset to the economic growth and development of that
country. The small investments made by several individuals can end up
creating employment to the jobless individual on the streets
therefore reforming the streets and boosting the economic situation
of the country.
- A perfect economic back-up plan.
Future is never
certain in terms of economic position. A lot of misfortunes can come
your way and not be in a position to salvage yourself. Fatal
accident, loss of job, and sickness but to mention a few can really
bring you down. With an equity investment in a week, you can sell the
shares and get the cheque.
- Collateral for business financing.
A good track record
of shares portfolio is acceptable collateral for financiers. Suppose
you want to start a business and you have little of no capital at all
to start, your share portfolio can assist you gain financial
assistance, usually 60% or less of your portfolio.
Conclusion
“When you consume
your whole salary, you are just another net consumer and a burden to
the economy; when you save a good percentage of it, you are a
potential entrepreneur and wealth is bound your way.”
Lets us make this
coming financial year (12-13) an investing one and we improve our
living standards.
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