Stock shares or Forex trading or both trading
@yugasini (12893)
Secunderabad, India
January 14, 2012 9:51am CST
As you are aware that I have shifted my family to Hyderabad, now neither I have a fixed job nor an income to incur my daily expenses, now I have to depend on my sons ,but I does not wish depend on them for money, now I have to search for income sources, now I am already in retired stage, so getting job means some what difficulty, I have some experience in stocks and shares in the past, More I have invested in primary market (public issues) and I have invested less in secondary market ( buying shares from the market),both I have experience, totally I am not in loss, but still I am having more than fifty thousand worth of share certificates, those are not listed in Bombay stock exchange or in National stock exchange, if they were not listed in any one of the exchanges it is difficult to sell them in the market.
I am already having D-mat account with Chennai based D-mat dealer, I am having this account since more than 6 years, so now I wish to trade the stocks and shares online buying and selling though my D mat dealer, weekly 5 days I can buy and sell the shares on the market through my dealer, so from next month onwards I will start my online trading of shares, I have decided to trade in A Group shares only.
Regarding the Farex trading , I does not know the basics, but I know the difference currencies, but most of the trading is done on Dollar, Sterling pound and Euros, is there any body is doing stocks and shares or Forex trading, if so kindly guide me in this regard, have a nice day
3 responses
@vandana7 (100225)
• India
15 Jan 12
While it is true that stock markets will start giving better returns, I wouldnt advise investing in them your retirement monies. Do you know there are company deposits that offer better returns? Perhaps you could consider those instead. May be get into gold ETFs (exchange traded funds) as and when you get some monies. Ok?
@yugasini (12893)
• Secunderabad, India
16 Jan 12
hi Vandana madam,
thanks for the response,i am not retired person to get any pension or lump sum amount to invest,at present i have only forty thousand with that i have to trade the shares,now who will give job to me at Hyderabad, i do not wish to depend on my sons for my bucks,so i know about the stocks and shares,now i wish to know the online trading,then i wish to earn money in online trading, i does not have good stuff of English to earn more in writing sites, have a nice day
@vandana7 (100225)
• India
16 Jan 12
It doesn't look like you would earn much in the present scenario that is prevailing in share market. I mean there is a lot of volatility, and the bias is towards the downside. May I suggest "options" instead? I mean you would make less profit but you would at least not lose much.
@ravisivan (14079)
• India
16 Jan 12
Vandana: Stock market is risky. ideal investment is Bank deposits and post office deposits. Also one can invest a portion in real estate and gold.
But investment in share market keeps one engaged in looking at the market trend.
@ravisivan (14079)
• India
14 Jan 12
I may not recommend one entering forex trade after retirement. In case one has experience during his active service then it may suit him.
In your case you can continue with share market trading. Also if you have liking for teaching you can take up that and earn more.
@yugasini (12893)
• Secunderabad, India
14 Jan 12
hi Ravisivan,
thanks for the response, you are right regarding forex trading,till now i does not know any clue to follow in forex trading one of our member in this site, is also traded some forex trading for some days and now he is not doing, the actual reason i does not know, regarding i am not good speaker to teach any thing,have a nice day
@ravisivan (14079)
• India
16 Jan 12
Vandana: Of the two options I suggested one in which the member has experience. true share market is risky. one has to be careful.
@heavan (17)
• India
10 Feb 12
Hi Yugasini,
If you doesn't want lose your money.And also want to earn money from stocks you should opt to mutual funds.In case you can risk your amount and ready to lose that money you can choose any market.Because now a days markets are not dependable for earnings.
Do you have any other option besides these Two...
@yugasini (12893)
• Secunderabad, India
7 Mar 12
hi heaven,
thanks for the response, where is there is risk,there you must earn or loose,with out risk, money will not come,i too know about mutual funds,bur they give small revenue,but shares will give good revenue,but it is not the time for investing,i have to wait for some more day,have a nice day