A STUDY OF ROLE AND FUNCTIONING OF STOCK BROKING AGENCIES
Abstract
The investment of fund in stock is remarkable among business operations in that it is virtually always predicated in some degree on recommendation received from others. The more preponderant part of investors is non-professional. Naturally they feel that in culling their stock they can make profit by professional guidance. Yet there are unorthodox essential attribute in the very concept of investment advice. If the reason for the investment of investor is to make mazuma, then in seeking recommendation they are asking others to guide them how to make mazuma. That conception has some element of sapience. Businessmen seek professional advice on sundry elements of their business, but they do not expect to be told how to make a profit. Non-business people, rely on others to make investment profits for them, they are postulating a kind of copacetic outcome for which there is no true obverse in mundane business affairs. If we take that there are mundane and standard income results to be acquire from investing mazuma in stock, then the role of the advisors can be more disposingly established. He will utilize his superior training and cognizance to safe his clients against mistakes and to ascertain that they acquire the results to which their mazuma is entitled. It is when the investors demand more than an average return on his mazuma, or when his adviser promise to do efficacious for him, that the question occurs as a result of whether more is being asked or promised than is liable to be provided.
Keywords
Investor, Advisor, Investment, Stimulation, investment of fund in stock