One out of two Americans invests in their stock market, how many Indians invest in the Indian stock market?
Let's understand by a small explanation, I know this is going to be lengthy, But Please bear with me for a few minutes.
how old India could be? Yes, How old India is...
Maybe 5500 years old if you take the Indus valley civilization into account, the earliest imprints of human activities can go back to the Paleolithic Age, Or maybe just 73 years old only if we take 1947 as a timeline.
But if you ask me being a stock market guy that how old is real India, I would say this new India or this new corporate India is just 30 years old or we can say turning 30 in 2021.
If you say how? then the answer is very simple, India opened its door for foreign investment and liberalized its policies in 1991 for creating the arena of businesses which has been also called liberalization, globalization, and privatization (LPG).
After that, we have seen a new corporate India before this we had one vehicle company Hindustan Motors & one watch company Hindustan Machine Tools, so we had 'license Raj' for the first 40 initial years of our country's establishment.
So we hardly achieved anything in the field of capitalism during the initial years of independence.
However, when it comes to America, if you see the last 100 - 200 years they brought scientific innovations at a scale and created endless opportunities by bringing awareness in the market so capitalism grew exponentially like anything. Those people were already familiar with industries, businesses, services, and other things. So lot many Americans got the opportunity to learn about businesses in their home from their parents because their grandparents taught all these concepts to their parents.
But in India, if we go even one or two generations back, people had very limited knowledge about capitalism and the potential it could create and that is why one of the reasons just 2% of the population invest in the Indian stock market, which is very very crucial.
For any country's growth, it is very important for all individuals to participate in all the processes of capitalism.
There may be some black shades of instances like scams, insider trading, tip selling and so many other things happening in the stock market at the same time like ups and downs of the market but still, people need to participate in the stock market.
People like you and me can be participating in the stock market by bringing a lot of awareness and the right knowledge so that people do not lose their money in the stock market and start their investment journey on the right foot.
So what I am trying to tell you that there is a large difference between the Indian and American economies and the thin line is, that half of the Americans participate in the light of capitalism with fair practices, however, hardly we have been participating in it. There comes one market participant who does some wrong practices and people lose interest in it.
Here, I am also not asking you to directly jump into the Indian stock market and start investing, putting your hard-earned money at risk.
You should do your first investment into this one educational initiative which I started by running this non-profit stock market course at the cheapest rate possible which also includes the cost of my team, bandwidth, marketing, etc.
I have covered all the topics of the Indian stock market in "A Complete Course On Indian Stock Market."
We are the bunch of people who are doing this for the reason we want to make sure that We Indians should participate in the maximum fair practices of capitalism and that is in the Indian stock market only.
