How to invest in US Stocks: You can also include shares of big foreign companies like Google, Tesla, Coca Cola and Amazon in your portfolio while staying in India. The price of one share of Google is currently $ 2363, which is about 1.73 lakh rupees. But you do not have to pay so much to buy shares. It can be started from just 1 dollar. There are some platforms from which you can avail the facility of Fractional Investing. That is, by applying 100 rupees, you can become the owner of the shares of foreign companies.
Advantage of growth in global market
If there are investors in the stock market, then its scope is not just the domestic market. Experts often advise that growth should be taken advantage of in the global market as well. Actually, the size of the global market is many times more than the domestic market. At the same time, it has become very easy to invest in big markets like US or Europe. Some platforms are providing this type of facility after an important format.
Start investing at 1 dollar
At present, there are some platforms from where you can avail the facility of Fractional Investing. Some global brokerage houses offer fractional investment. With this, you can start investing in shares of high prices with a minimum of $ 1. You can understand Fractional Investing in such a way that assuming the price of a share is 50 $ and you want to invest 1 dollar in it. So in this condition you will get 0.01 shares of the company. At the same time, you will get 0.1 shares on an investment of 10 dollars.
Why should you invest
- By investing in the global market where you can diversify your portfolio.
- At the same time, risk can be reduced through diversification.
- Investing in global stocks also helps you to take advantage of the depreciation in the rupee.
- The third is the benefit of growth in global stocks. Like Google’s IPO came in 2004. The company’s IPO was priced at $ 85. Now Google’s stock is at $ 2363. That is, if someone had invested money then his money would have been 28 times as of today.
What to do for investment
To invest in any company in the US market, a broker registered with the US Regulatory Security Exchange Commission (SEC) has to open a demat and trading account. It is similar to a demat account opened in India. Through this account you will be able to make payments and will be able to take your shares in demat. But before opening this trading and demat account, the investor has a Know Your Client (KYC). This process is also similar to that of KYC in India.
Payment is in dollars
Under the Liberalized Remittance Scheme of RBI, any Indian can take up to 2.5 lakh rupees. On receiving the dollar, it will have to be transferred to the trading account of the American broker. After this, you can buy a stock of choice from it. If you want to bring this money back to India, then selling the shares will have to be paid in dollars. After this it can be transferred to the bank. When you convert rupees into dollars or dollars into rupees, you will get money according to the exchange rate at that time.
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