How to Investing in Commodities - Experts
There are several options now available to the members of the working class to invest their money in. India is one of the fastest growing economies in the world and the volume and varieties of jobs available in the employment sector are evidence of that. Investment has multiple benefits for an investor. One, the money that might have been spent frivolously is safely put away in investments. Two, most investments are good tax deductibles.
In order to ensure one invests in the right place at the right time, he/she approaches an investment banker or reputed stock broker. By enlisting their services, one is assured of good returns, the best MCX tips and minimal or zero losses. If you are one such person, check out the website of one such reputed stock advisory company called Checkmate Trades.
About commodities
While some choose to invest in traditional items such as real estate or fixed deposits, others may choose to invest in intangible items such as shares. These are quite different from the regular trade of shares in a stock market. India is the proud home to one of the largest commodities exchanges in the world, called Multi Commodity Exchange, established in 2003.
The main categories of commodities are as follows:
1. Energy Commodities – Crude oil, natural gas, heating oil, and ethanol. These commodities are usually hedged.
2. Precious metals – Gold, silver, platinum and palladium. These are sold by the troy ounce in the markets.
3. Utilitarian/Industrial/Base metals – Copper, aluminium, tin, lead and steel. These are usually sold by the metric tonne.
4. Agricultural Commodities – Grains (wheat, oats, barley, flax and rye); fruits (apples and oranges); tobacco; nursery crops and nuts fall under this category.
5. Diamonds
6. Fibre products – Cotton, jute, their variants, etc. fall in this category.
Thus, you will note that this is a wide, complex and interesting market to invest in. When you consult your investment adviser, he/she is sure to include some commodities in your basket.
Benefits of commodities:
As you will have noted, some commodities are always in demand due to the nature of the demand and supply ratio such as energy and agricultural commodities. Others may be seasonal; dependent on political, ecological, social or geographical factors. The reason why you should consider investing them is as follows:
1. They are approved in all parts of the world.
2. Recognized by the major stock exchanges of the world too.
3. Has seen a rapid growth in investments and turnovers in the past decade.
4. One of the easier ways to make a quick profit.
5. Dynamic markets worldwide will never leave you with a dull trading moment a day.
6. Regular tips provided by your adviser help you trade correctly.
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Investing in Commodities
How to trade in them?
Investing in commodities is aided by tips provided by your adviser. They are usually intraday in nature so you can close your deals within a working day. Tips are emailed or provided via text messages usually. The more accurate tips receive, the more reliable you can consider your adviser to be. So be sure to choose a qualified adviser today and receive the best commodity tips in India. Checkmate Trades has been one among them right from the advent of commodities trading in India.
This post already published on Prabhakaronline.com