FROM THE CRUELNESS OF CORONAVIRUS COMES UNLIKELY OPPORTUNITY
As we are all struggling to live our lives in these days of lockdown while COVID-19 (Coronavirus strain) is ripping across the earth, there is an unlikely opportunity that has come into being. The onset of COVID-19 has set the stock markets crashing down. Existing investors are quite rightly panicking as uncertainty is everywhere at the moment. In India we do not even know if we are over the worst or whether the worse is yet to come. As of the time of writing, the death toll of COVID-19 continues to rise day by day and there is no saying when this will end. As investors witness the values of their stocks plummeting, many are frantically offloading them in attempts to limit the losses they are suffering.
THIS IS THE RIGHT TIME TO BUY NEW SHARES
Just as every cloud has a silver lining, some savvy people are already making the most of what is undoubtedly a very bad situation, not only for India, but for the entire world. The opportunity that has arisen is for new investors to get into the world of trading and scoop up some of the best stocks at low, low prices that are rarely, if ever seen. Opportunities like this come infrequently. “When it rains gold, put out the bucket, not the thimble” is a quote by the famous investor Warren Buffet, which applies perfectly to the current situation. The meaning of the quote is that you should take advantage of an opportunity while the time is right rather than regretting it later. You could just as easily compare it to eating fruit while it is ripe rather than delaying and regretting doing so when the fruit goes bad.
ARE WE AT ROCK BOTTOM, AND WILL THE MARKET RECOVER?
These questions can not be answered with one-hundred-percent certainty, but history has taught us that every time there has been a sudden crash of the market, for whatever reason, it has been overcome in the medium to long-term and the market has righted itself again. As for whether we are at rock bottom or not is a matter that can only be speculated. Nobody can ever be certain when a market has hit the bottom until it starts to rise again, by which time it may be too late to bag a bargain.
OPEN A DEMAT TRADING ACCOUNT ONLINE
If you have been thinking for a while about getting into stock market trading but you have been putting off taking the plunge, this could be just the opportunity you need to give yourself a head start. To being buying shares in companies you need to have a demat account. You may think that opening a demat account is a costly expense, but actually if you go to the right places you can actually get your account opened absolutely free of charge. GOODWILL INDIA are one such super-value broker that offer demat accounts at no cost. Not only that, but they have a range of special features that their customers get for no additional cost. Features such as a new mobile application that grants users the ability to check on their accounts and make trades on the move, daily webinars highlighting key points of knowledge that traders should be aware of in order to maximise their chances of success. They have an unlimited ‘call-and-trade’ feature that allows customers to call the hotline and place their orders over the phone. Their customer service phone lines are open long hours. The customer service representatives are friendly, knowledgeable and professional. They are well placed to answer all your queries and put your doubts to rest. They are happy to discuss your requirements and expectations. They aim to provide you with as much information as possible to allow you to make informed decisions about where you wish to invest your hard earned money. You may wish to discuss with them before deciding which category of shares is best to buy during this COVID-19 impact time. GOODWILL INDIA are a company of helping hands who put in the extra effort to make sure that the customers they serve feel as comfortable as possible, and do not feel lost and alone when entering the strange new world of trading for the first time. By all means you should investigate a number of different brokers before deciding which one you would like to work with, but make sure GOODWILL INDIA are on your list. Call them today on +91 80122 78000. You will not regret it.