Can I start investing in stock with 500 rupees?
Yes, it is possible to start investing in stocks with 500 rupees. However, it is important to understand the basics of investing and the risks involved before making any investment decisions. First, let's start with the basics of investing in stocks. Stocks are ownership stakes in publicly-traded companies. When you buy a stock, you become a part-owner of that company and are entitled to a share of its profits. The value of your investment in the stock will rise or fall based on the performance of the company and the overall stock market. Investing in stocks can be a good way to build wealth over the long term. Historically, the stock market has generated returns of around 8-10% per year on average. However, it is important to remember that investing in stocks also involves risks. The value of your investment can go down as well as up, and there is no guarantee that you will make a profit. Now, let's talk about how to get started with investing in stocks with 500 rupees. Here ...