The current scenario of the stock market is spiraling downwards. The stock market is facing a tremendous fall because of the pandemic that has struck the entire world. Is this the right time to invest? Since the stock market has fallen, it is readily available at lower costs, so if you are thinking of investing in the stock market, then this is probably the best time to do so. The current scenario has proven that investment now will give significant results in the future. So why wait? Try investing in NASDAQ: JFIN at https://www.webull.com/quote/nasdaq-jfin today!
What do the statistics say about the stock market?
A decline of 25% to 30% was recorded as per the studies made in March 2020. Is this an alarming situation? It might not be a happy time for those who are awaiting returns, but this is a great time for those who are planning for Five years ahead. Loss of one year can be made back in the next four years. After all, if you are a short-term investor then the stock market is not the best option for you. So what makes you eligible for the stock market? Let’s find out!
What are the eligibility criteria for investing in the stock market?
Indeed, anyone can invest in the stock market, but here are some rules and regulations that you must follow:
- Have a valid identification card – a valid identification card acts as proof that you are a genuine person and not a fraud trying to extort money. At times it has been found that people belonging within the organization acclaim false identity to earn extra income or tip-off to someone close to them to share the profit gained later. These factors can be judged based on all the valid papers and identity cards that you offer.
- Get a broker – you cannot go and purchase shares from the share market. You require the backing of a professional broker who is legally allowed to take the needed actions. You are only permitted to purchase shares if you have a broker by your side.
- Choose your market – study, and discuss thoroughly, which market is best suited to invest. Accordingly, you will get an application that you need to fill and submit.
- Can you invest in NASDAQ: JFIN if you are a citizen of some other country? Yes, you can. All you need to do is prepare a US brokerage account or ask your broker to help you out.
These are more or less, the factors that you need to ensure as you plan on investing in the stock market such as margin stock. We hope we were helpful.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.