Know How to Open a Stock Account to Buy Shares

by  on  in General Article

How do you start investing in stocks? How do I open a stock account and start buying shares? This time my Finance will try to discuss about how to open a stock account and how to buy shares for beginners.

Starting a Stock Investment


Of the many investment instruments, stocks are an attractive form of investment. This is because stocks are one of the investment instruments that have large returns in a relatively short period of time.
Many investors want to invest in stocks, but there are some things that novice investors need to know about starting a stock investment. Therefore in this article, we will discuss how to start a stock investment from opening a stock account to buying shares. Before we start discussing how to buy shares, let’s start from how to open a stock account.

Stock Account Requirements


The process of opening a stock account is quite simple. Before you try to open a stock account, there are several conditions that you need to prepare to be able to open a stock account. After you have prepared all the requirements above, then you can begin to determine which securities you choose. If you are still confused to determine which securities, you can read first the tips on choosing a stock broker from us. Hopefully you get a broker that suits you.
Open a Stock Account
Once you know the requirements, here are the steps you can take to open your stock account:


# 1 Meet Brokers and Make Accounts
After you have determined the broker’s choice, if you intend to open a stock account online, you can download the online form provided by the securities company on its website, then fill in and send it.
Or if you have a friend who can recommend a particular broker, you can also make an appointment with a broker to meet directly to open your account.


# 2 Fill in the Form and Attach Requirements
After you meet with a broker, you can fill out an account opening form, including a stock account and investor fund account. Form filling is similar to when opening an account at a bank. It is recommended to fill in correctly each column on the account opening form. Don’t forget to attach the account opening requirements as described above.

# 3 Choose and Open the RDI
In addition, the form for opening a stock account generally consists of two parts, namely the opening of a stock account and the opening of an investor fund account (RDI).
• The opening of the Share Account is to open an account with a securities company, and also for data submitted to the Indonesian Central Securities Depository (KSEI). This is a stock storage account that you have.
• While the Investor Fund Account (RDI) is an account of your funds, which is placed in the bank, separate from the securities company account. The benefit of RDI is that you have your own bank account for the entire settlement of … Read More

Smart Tips for Investing Stocks for Beginner Investors

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Investing in stocks is easy, and as a beginner investor you need to read and learn a lot so that your stock investment will produce satisfying results.
Here are tips you can do in investing in stocks:

1. Start small
Just like learning to swim, you don’t immediately plunge into a deep pool right? Stock investments also start small, the more you learn and the more you are sure of the strategy and company you invest, you begin to increase the amount of money you invest. It doesn’t need big, just starting from 100 thousand rupiahs every month.


2. Routine buying shares
Although the amount is small, but you have to be routine in buying shares, the cool term is to save shares. The first year of each month is 100 thousand rupiah, then the following year it rises to 200 thousand rupiahs and so on. In addition to regularly buying shares every month, you can also apply the Dollar Cost Averaging principle.


3. Take advantage of “The Power of Compounding”
Believe it not only with an investment of 500 thousand rupiah per month and a yield of 15% per year can you have 3.5 billion rupiah in 30 years? Even though the total money you invest is only 180 million. That is the power of Compound Interest.


4. Buy company shares that you know
No need to bother looking for a good company for you to invest, just look for a company whose product you know and then you are sure the company’s product will still be used for another 10 or 30 years. Then you regularly review the financial condition every 3 months, 6 months or 1 year. After you are sure this is a good company, you routinely buy shares of this company every month.


5. Learn to share first in a virtual account
Still in doubt? You can try to start investing with a virtual account. One of them you can study in Virtual Trading Stockbit. The difference with real stock investments, Virtual Trading Stockbit uses virtual money. You will be given virtual capital of Rp. 100 million … Read More

Benefits And Disadvantages Of Using Your Personal Cash To Begin A Enterprise

by  on  in Business Articles

money and businessThere is no such thing as a scarcity of cash in the world, it is simply that almost all of it has beforehand been unavailable to most companies trying to deal with social and environmental issues. Obviously this direct form of communication could cause issues with individuals from cultures through which enterprise is construct on personal bonds, where battle is dealt with not directly and the place saving face” is essential. With out non-public ownership of the means of production, there can be no markets for assets, no money costs for assets, and thus no financial calculation and no capital.

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MSc Finance (Worldwide Money, Finance And Funding)

by  on  in BUSINESS NEWS

money and businessThat is likely one of the most fundamental items of recommendation any accountant, lawyer or business coach will tell you. Never thoughts the legal points that will arise from commingling money on the subject of the legal protections afforded by the LLC structure which can be lost when it’s deemed that there isn’t any longer a distinction between business and private funds.

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While writing a marketing strategy and creating correct financial forecasts are crucial to the success of your enterprise, beginning your entrepreneurial journey with a basic understanding of cash management will give you a strong basis to construct from.

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Make Cash With These 5 Business Concepts

by  on  in Easy Money

money and businessThe Austrian theory of the enterprise or commerce cycle is an intricate mix of monetary concept and capital idea. You possibly can proceed to take advantage of our specialist career development advice after you graduate, including on-going one-to-one help from our Masters Profession Consultants, workshops in our key locations, and continued entry to our on-line career assets.

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