Saturday, January 23, 2010

Why is Stock Trading the best business in the world?

for the following reasons..........

1) anytime, flexible timing (no 9-6 job, no 6am-10pm business complusions)

2) from anywhere (can even trade from mt.everest or from antartica)

3) no or minimal investment (a pc with internet connectivity, a demat account and a good head)

4) minimal amount to start (Can buy even a single stock; even for a tea and samosa stall u need a shop etc worth a few lac rupees; for other businesses u need a crore or more with no guarantee of profits and recovery of investment)

5) no office / shop / infra / furniture / ACs etc.(just need enough space to place ur bum or plant ur 2 feet, how many other businesses permit u that luxury?)

6) no employees - not even a chawkidar or a sweeper...no salaries...no labour law hassles

7) no overheads - like electricity, water and phone bills, rent, transportation etc.

8) no stocks, no stockyard, no deadstock

9) no sales tax / excise tax etc. headaches

10) no account keeping (ur brokerage does it for u)

11) no inspector/permit hassles

12) no boss

13) no tension of getting out of job, being sacked, recession

14) no "buri nazar" and "hafta" (always out of public glare, unless u have a habit of flaunting money and its side-effects)

15) one of the best returns on investment (many getting 10-15% per month or even more)

16) can pack up ur bag and retire at any time if u wish (how many other businesses allow u to wind up? it is said that - u don't own a business - the business owns u - and won't leave u that easily)

17) national development; people participate by contributing towards new startups which generate employment, yield tax, earn foreign currency, generate weakth and bring social prosperity.

and last, but not the least...

18) no customers....!!!

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