Investing in the capital market in Bangladesh is one of the best ways to earn serious amount of money. In the United States, 1 person in every household invests in the stock market, and there is a lot of interest for stock market in our neighboring countries as well. But most people in Bangladesh do not want to invest in the stock market.
About 170 million people live in our country. Of these, 1.5% or 25 lakh people have share accounts or BO accounts.
In Bangladesh, there are about 13/14 lakh people working for the government, the number of people working in the private sector cannot be said exactly but at least it is more than 60 lakhs. In Bangladesh, there are over 1 million small and big business owners.
Now a question may arise that, this huge number of people who are not connected to the stock market, they do not save money, they do not invest money? Of course, they do! But not in the stock market! There are some reasons for this, let’s try to find out.
One of the main reasons for not investing in the stock market is not being able to understand what the stock market is, how it works, how the return on investment comes.
In Bangladesh our textbooks do not teach much about the stock market, so majority percent are not interested in this sector.
As you may have heard, investing in the stock market and gambling is one thing. Which is 100% wrong idea. Because, it’s an investment and it’s not a game.
Anyone who has an idea about the stock market cannot say this.
Investing in the stock market is certainly risky. However, you will not find a business where there is no risk or uncertainty. In any business you have to take some risks. One of the arguments of those who do not want to invest in the stock market is this uncertainty and risk.
But if you can invest with long term planning and proper knowledge, I believe you can reduce the risk. One thing I should mention that you can reduce the risk, but you cannot be 100% risk free. Because no business can be 100% risk free. If you want to be 100% risk free, you have to rely on interest.
There are so many negative people around us where you can’t think of any positive ones alone. Whenever you ask someone about the stock market, they will immediately tell you that you are crazy. If you ask him/her what the stock market is, how it works, how profits can come, why there is a loss, he or she may not be able to answer this question. I don’t see any fault in him/her here.
This is because of our media and our limited knowledge. Because, we promote negative thoughts more.
If you notice, you will see that there are more negative reports about the stock market in the news. I am not speaking against the negative report, the negative report can draw the attention of the authorities. However, in addition to these negative reports, the positive reports about the stock market should be spread.