Stock Market & Housewives

STOCK MARKET & HOUSEWIVES:

Stock Market is a very familiar name probably everyone has heard off. It is synonyms of an Economy. Indian Stock Market places 5th rank in the world in terms of market capitalization.

Stock Market is a very wide term which includes numerous activities. However, to make it simple, a Stock Market consists of Exchanges in which Stock, Shares & other financial securities of publicly held companies are bought & sold. It is where Investors buy & sell shares of companies.

In a world where women constitute 50% of world population, it is very important that women should play a vital role in the activities of Stock Market. The role of women is no less than shaping the development of a nation boosting the country’s economy. In fact, there is an old saying “Whatever you give a woman, she will make greater”. If you give her a house, she'll give you a home. If you give her groceries, she'll give you a meal. If you give her a smile, she'll give you her heart. She multiplies and enlarges what is given to her.

Indian women have most important power of the world – “The Power of Saving”. No person in the world is as good as an Indian Women or an Indian Housewife in terms of saving money. No doubt that Indian women should be called by Harvard University on delivering lecture on savings & how to fetch out savings from home expenditure budget which the world still needs to learn it.

Now it is time for women to think beyond Savings & go for next level to multiply their savings. How even a small savings can become a big & huge corpus that needs to be learned & understand. Saving of money is good but mere savings will not help in long term as inflation will eat those savings. So how to protect your savings from inflation and to make it constant grow and how to make more money out of money, that all needs a thought process by a woman. For this we have something called ‘INVESTMENT’. Now what is Investment? Anything or any money that we put aside to grow & appreciate over time is called an Investment. Generally, people think any investment needs big amount which is a myth. An Investment can be as low as what you can think off. Investment can be start with an amount as less than Rs. 500 or even lesser than that. Here comes what we call STOCK MARKET.

Stock Market is no less than a woman in terms of making multipliers !! A well guided research, a well-informed decision and a well selection of stock can make miracle & destine for success in stock market.

Stock Market is a very Simple Business contrary to what think that its way more complicated. Anyone can very easily start it & go with the flow of Market. Only thing one needs to do is to be in constant learning process, read financial news & articles, learning all required digital processes, etc. One needs to devote just a few couple of hours every week to learn these and enhance their knowledge. The right way is to appoint a Financial Consultant (just like you consult a doctor when you are ill) and read a lot about inspirers & Pioneers of Stock Market like Warren Buffet, Rajesh Jhunjhunwala, Benjamin Graham, Ramesh Damani, etc.

First lets learn a direct process: To begin with you need to open a Demat & Trading account with a SEBI registered Stock Broker which is just a couple of minutes process and thereafter you are all set to start with Investing & Trading. There are numerous platforms available these days to begin trading with like mobile & ipad application, exe based trading softwares for personal computer, Robotic Algo softwares, call n trade through phone call or by visiting stock broker's office.

Second way ie an indirect process is to invest in Mutual Fund which in turns invest in Stock Market only. Here an Asset Management Company will handle your money and invest in a pool of listed companies and allot you few units (qty) and its daily prices (which is called as NAV) will fluctuate as per the movement of Stock Market. One can invest in a monthly SIP (Systematic Investment Plan) also for an amount as low as Rs. 500 also.

What are the benefits of Investment in Stock Market:

 Saving of money with high potential to grow the money.

 Regular Dividend income apart from stock appreciation

 It will make you Digitally well-versed.

 It will help you in developing reading habit & knowing an interesting financial world.

 Diversification of money into various companies of different sectors & industries.

 Highly Liquid. One can liquidate or sell a stock by just a click and get his/her money in just one day.

 Once you buy a stock, you become an owner of that company and can have voting rights too for company annual general meeting etc.

 Inflation Edge. Keeping money at home or in savings bank account will not fetch any interest or additional income that can beat inflation and so equity investing is the best tool to beat it.

 It is very safe as the shares that are bought are kept in demat account with online access and so there is no danger of theft loss or damage.

 Any Housewife can now invest in Bullions ie Gold/Silver also through Stock Market by buying their ETF’s and keep in their demat account.

 Discipline. Stock Market teaches lot of discipline in life. It make you discipline in doing timely executions, timely responsiveness, timely gathering of information and most important knowing the importance of money in life. By self-earning, a housewife can be self-financial independent and can improve her and her family’s lifestyle.

A housewife can start also with investing in IPO ie Initial Public Offering also with minimum investment amount of Rs. 15000 for just one week. Any unlisted company who wants to list themselves in Stock Exchange has to first come out with an IPO (with SEBI approval) and thereafter it becomes a listed share in Stock Exchange(s). Usually any IPO process gets completed within one week time and one can apply for it through online via there net banking or through Brokers portal or app. The amount gets blocked via ASBA and will only be debited only if one gets the allotment of shares otherwise the amount gets unblocked. And so one doesn’t loose savings account interest also while applying to any IPO. And if shares are alloted, then on the listing day (or afterwards) it can be easily sold in the trading account and payment can be transferred back to bank account immediately next day itself. One can earn about 5% to 50% (sometimes more also) returns in most of the IPO’s. Housewife can apply in their minor children’s name also by opening their respective demat accounts.

Stock Market offers lot of different opportunities to earn money. One simply needs to be aware of these opportunities and investing small amounts over in it. Small amount & small profit itself will give you an edge and confidence & learning to earn money in a disciplined way. Stock Market investment is also a tool for Women Empowerment and to showcase their talent by earning in a most simple way.

Stock Market is a very vast field and subject but one should not feel it a complex or complicated. It’s a very simple process and learning has to be done in most simple way. There are various institutes also available for learning.

To sum-up I would like to add a quote for Housewives & women:

“You don’t need a degree to start making money online”,

“You don’t need 1 lakh followers to start making money online”,

“You don’t need to be an Expert to start making money online”,

“You just need a phone, internet & willingness to earn.”

Quit Excuses.

Also I would advise a women to develop immense habit of investing and gradually it will become a habit of successful investing. One most important rule to be remember always in that “Compounding is the 8th Wonder of the World”. One who has learned who to compound their wealth, can achieve miracles in life. Compounding means making regular investment and earning returns also reinvesting those returns which can lead to exponential growth over time.

Key Takeaways:

 Financial literacy and prudence of every homemaker is the need of the hour. This makes them financially independent and also boosts their self- morale.

 Homemakers should decide upon their risk appetite, return requirements and tenure before choosing any investment instrument.

 Homemakers have a better understanding of the market as they are aware of which brand and/or company is performing well as they are the main consumers of most of the products around.

So now, all you need to do is to start. And remember, wherever you get stuck in your financial planning process, we are here to guide in every possible manner we can.

Happy learning!

By-

Kapil Goenka

[kapilgoenka11.blogspot.com]

24-Sept-2023