When buying shares, ask yourself, would you buy the whole company?
- Rene Rivkin
Investing in shares, is all about doing your research. You need to buy the right shares, at the right price. Then comes the good part…..Your money grows and grows. You have been investing in shares, for the past two decades. You are familiar with those sheets of paper called share certificates, which signify your investment, in shares of a Company. You have several of these sheets (share certificates), lying in your cupboard, yellowing with age. Some of these share certificates, look like they can tear, any day. Imagine the headache if your share certificates are stolen, destroyed, lost or forged? Is there a way out of this mess?
Yes there is and it is called dematerialization. Dematerialization, popularly called demating of shares, is the process of destroying physical share certificates and retaining ownership of your shares, in electronic form. Today, most of the shares are traded in the demat form. Shares in demat form, can easily be sold by your broker. No stamp duty is payable on the transfer of your dematted shares. Are your shares dematerialized? They cannot be lost, stolen, destroyed or forged. Selling shares is pretty easy. IndianMoney.com’s commitment is to help you “Save, Invest, Spend and Borrow Consciously.” To avail free financial advice/education from IndianMoney.com, all you need to do is, just leave a missed call on IndianMoney.com financial education helpline 02261816111 or just post a request on IndianMoney.com website.
See also: How To Open Demat Account?
So why are you waiting? Simply get your physical shares dematerialized. Then just sit back and watch your money grow.
Mr. C S Sudheer is the founder and CEO of IndianMoney.com – India’s largest Financial Education Company. He started his career with ICICI Prudential Life Insurance and later on worked with Howden India. After his brief stint in Howden India, he moved on and incorporated Suvision Holdings Pvt Ltd which is the sole promoter of IndianMoney.com. He aims to build a nation that is financially literate with investment savvy citizens.
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