DEMAT ACCOUNT 

HOW TO CREATE LONG-TERM WEALTH USING DEMAT ACCOUNT

Published By MintGenie Team | 23 Apr, 2024
There's a rising trend among retail investors, particularly millennials, to utilise demat accounts for diversifying their investment portfolios with stocks in today's financial landscape.
Credit : PIXABAY
Here’s how you can use demat account for wealth creation:
Credit : PIXABAY

Diversification

Spread risk and optimise returns by investing in a diversified portfolio of stocks, bonds, mutual funds, and ETFs through your demat account, but be wary of over-diversification.
Credit : PIXABAY

Systematic Investment Plans

Implement SIPs in mutual funds to invest regularly and benefit from rupee-cost averaging, leveraging your demat account for convenience and discipline.
Credit : PIXABAY

Long-Term Investing

Adopt a buy-and-hold strategy by investing in fundamentally strong companies with growth potential, conducting thorough research using your demat account's resources.
Credit : PIXABAY

Research and Analysis

Stay updated with market trends, company financials, and economic indicators through your demat account, and be mindful of factors like government policies and geopolitical tensions that can impact investments.
Credit : PIXABAY

Regular Monitoring

Keep a close eye on your investment portfolio and rebalance it as needed to align with changing market conditions and investment goals.
Credit : PIXABAY

Utilise Margin Trading

Consider margin trading cautiously to potentially amplify returns, but be aware of the associated risks and approach with care.
Credit : PIXABAY