Qualification: MA in Finances & Investment
Work: Teacher at Sankar Dev Campus for more than 13 Years.
He is a share expert and travels to different parts of Nepal to provide training. He has written more than 10 share related books
How to earn money without work?
Let Money work for you
If you didn’t let money work for you then you will have to work for others for money.
Share market is the place where you let your money work for you.
First work for Money
At the beginning we might not have money to invest in share, so that we have to work for money by doing business or a job. Then we can handle our expense and save money for investment.
Early invest early retire
We have to be like players, they start earning in the young age and retire early in their life.
Do Business than Job
Job has constant income for certain time but business has no constant income and it can go for very long period of time.
Let Knowledge work
Investment in knowledge can pay the best interest.
Let system work
Let your business be automated which does not needs you to run. You must be in a Financial Freedom.
Let Technology work
If technology can replace manpower then get that technology in place of that manpower.
How to Enter Stock Market?
Primary issue of share in the share market is also known as initial public offering (IPO).
To apply for IPO you must have:
- Applicant’s Photo
- Citizenship’s Photocopy
- Bank Account
If you are beginner and wants to enter in share market for the first time you should enter in Primary market first because its easy and less risky.
Share which has been issue in Primary market and will be again traded between buyers and seller in presense of broker is called secondary market. Nepal Stock Exchange Ltd. (NEPSE) is only one Nepal’s Secondary Market. For buying and selling in secondary market you have to Inlist your company share in NEPSE.
An authorized company by NEPSE for trading shares. It’s Illegal to trade shares without the brokers.
Its compulsory to create a trading account in broker’s company to trade shares.
Following items are needed to create a Trading Account.
- 1 Applicant’s Photo
- Citizenship’s Photocopy
- Applicant’s birth certificate
You cannot use same Trading Account to different broker company, If you want to trade from different brokers you have to create different Trading Account from that respective broker’s company
Demat (Demataralisation) Account is also a compulsory account to register share in electronic system which provides the facility of securities and holding shares. You can create account through CDS and Clearing Limited(www.cds.com.np)