Very well elaborated In recent times, KSE had continously crossed 80k mark indicating positive economic trends. Moreover, with interest rates as high as 20%+. But gold rates kept on soaring high.
HBL ETF is based on Debt / Money market. Means it will give yearly return closer to the average of prevailing interest rate over the year. Plus it is NOT Shariah Compliant. So keeping money in it will be like keeping money in a conventional bank account, i mean similar return percentage.
Some high profile brokers demand advance money before completion of account opening process, nearly 25000/- that will reflect in ours account. Is it justified?? Please reply.
Yes definitely it will reflect in your account, it is your money. They just want to make that person who is opening the account, is serious about investment/trading. However, there are some well known good broker firms with whom account can be opened with just Rs. 5000. So alternatives can also be searched. And also know some other brokers who have initial deposit requirement of 100K. I think 25000 is justified, it can surely be barrier to entry for lets say if a student wants to enter in trading/investment. Otherwise, it is a small amount and since it is added to the account balance for purchasing stocks, so no worries.
Well done as usual 🎉
Very well elaborated
In recent times, KSE had continously crossed 80k mark indicating positive economic trends. Moreover, with interest rates as high as 20%+. But gold rates kept on soaring high.
Yes there are other things in play, like US economy was not doing so well, also there are wars / instability worldover!
کوئی بات نہیں کبھی کبھی ایسے لطیفے ہو جاتے ہیں
Thanks for the video❤
5 stocks long term investment?
Pls make video on HBL ETF
HBL ETF is based on Debt / Money market. Means it will give yearly return closer to the average of prevailing interest rate over the year. Plus it is NOT Shariah Compliant. So keeping money in it will be like keeping money in a conventional bank account, i mean similar return percentage.
Some high profile brokers demand advance money before completion of account opening process, nearly 25000/- that will reflect in ours account.
Is it justified??
Please reply.
Yes definitely it will reflect in your account, it is your money. They just want to make that person who is opening the account, is serious about investment/trading. However, there are some well known good broker firms with whom account can be opened with just Rs. 5000. So alternatives can also be searched. And also know some other brokers who have initial deposit requirement of 100K. I think 25000 is justified, it can surely be barrier to entry for lets say if a student wants to enter in trading/investment. Otherwise, it is a small amount and since it is added to the account balance for purchasing stocks, so no worries.