Hey guys,
I will keep this short and to the point. Any help is highly appreciated:
- Never ventured into share/stock market.
- I am 20, a student.
- I have 20k to invest.
Now I don't have a demat account, but I do have an axis bank account and after some research I figured out axis bank offers Demat Account as well.
I did sign-up hastily at Sharekhan (just filled the form now; they will contact me within 5 days period). Now I don't know anything about shares, but I won't be stupid to spend all the money just like that. I will make sure I think before investing.
However, the first priority, from the information I have gathered, is to open an Demat account for electronic share keeping. How will I get the money into my sharekhan account? Can I transfer from Axis bank to Sharekhan?
More importantly:
Which is the best place to open an Demat Account?
Also from where do I buy the shares? Can you name the alternatives?
PS: I am reading the "Beginners guide" thread, and I think I am getting a grip over this share market subject.
I will keep this short and to the point. Any help is highly appreciated:
- Never ventured into share/stock market.
- I am 20, a student.
- I have 20k to invest.
Now I don't have a demat account, but I do have an axis bank account and after some research I figured out axis bank offers Demat Account as well.
I did sign-up hastily at Sharekhan (just filled the form now; they will contact me within 5 days period). Now I don't know anything about shares, but I won't be stupid to spend all the money just like that. I will make sure I think before investing.
However, the first priority, from the information I have gathered, is to open an Demat account for electronic share keeping. How will I get the money into my sharekhan account? Can I transfer from Axis bank to Sharekhan?
More importantly:
Which is the best place to open an Demat Account?
Also from where do I buy the shares? Can you name the alternatives?
PS: I am reading the "Beginners guide" thread, and I think I am getting a grip over this share market subject.