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Questions to Ask your Broker before Buying a Stock

A new investor hires a broker to get advice on how to build a portfolio for himself or herself. If you are someone who has just started investing in the stock market and has hired a broker, do not blindly follow the broker's advice. You should always ask the broker the reason behind choosing a particular stock to buy. <br>Check out this presentation to know about what questions you should ask your broker before buying stocks.<br>Open an online trading account(https://www.edelweiss.in/open-trading-account-online) to start your stock trading journey.

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Questions to Ask your Broker before Buying a Stock

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  1. QUESTIONS YOU MUST ASK YOUR BROKER BEFORE BUYING A STOCK

  2. When it comes to buying and selling shares, many of us rely on the advice from our stock broker. But you should always remember that ultimately, it is you who is going to earn a profit or incur a loss from your investment. So, you should never accept any recommendation from your stock broker with a sense of finality. As an investor, it is your duty to ask some serious questions to your broker before buying the stock. To get advice on investments, get in touch with a reputed stock broker.

  3. QUESTIONS TO ASK TO YOUR BROKER BEFORE BUYING What is the story behind this stock? Is the price impact going to be in the long term or short term? Is there a margin of safety in the stock? What does the market say about the stock? What kind of portfolio is best for me? Is there a conflict of interest?

  4. It is always good to stay aware of your investments to avoid incurring heavy losses from them. So, you should always get thorough answers to the questions mentioned in the previous slide from your broker to get a clear idea of how productive your portfolio is going to be. Open an online trading account today.

  5. THANK YOU

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