SEBON Releases Vital Advisory for Investors During Global Money Week 2024
Tue, Mar 19, 2024 11:57 AM on Stock Market, National, Latest,
As part of the ongoing Global Money Week 2024, the Securities Board of Nepal (SEBON) has unveiled a detailed set of guidelines aimed at empowering investors to make informed decisions amidst Nepal's economic and political realities.
Running from March 18-24, 2024, Global Money Week serves as a platform to promote financial literacy. SEBON's guidelines underscore the critical importance of considering economic and political factors, evaluating risks, and adhering to prudent investment strategies.
Key highlights from SEBON's guidelines include:
1) Investors should consider economic, political, and liquidity factors when making stock market decisions.
2) Base investment decisions on realistic return rates, considering currency fluctuations' impact.
3) Diversify investments to mitigate risks from unexpected events and their impacts.
4) Rely on authenticated information from official sources when gathering investment data.
5) Mitigate risks in debt instrument investments by aligning diversification with capacity.
6) Establish investment strategies to manage risks from unforeseen impacts and have contingency funds.
7) Exercise patience, diligence, and foresight in securities trading for long-term profitability.
8) Avoid coercion in investment decision-making.
9) Gather information on securities' characteristics, risks, and investment periods before investing.
10) Align investment tools with environmental, social, and governance factors for balanced returns.
11) Prioritize obtaining factual, realistic, and appropriate information when investing in the stock market to become wealthy quickly.
12) Stay informed about long-term, regular, and short-term investment periods before making investment decisions.
13) Avoid making investment decisions based solely on social media platforms; information shared there may lack authentication and reliability.
14) Exercise caution with new tools and technologies in stock market operations to prevent risks, including illegal practices.
15) Take appropriate measures for technology security, such as safeguarding user credentials (User ID and Password).
16) Make investment decisions independently, considering personal risk tolerance and using investment tools, limits, and identification.
17) Start investing by applying for shares issued in the primary market through authorized persons, gaining knowledge and experience about investment.
18) Gather sufficient information about the issuing company through prospectuses, financial statements, and credit ratings.
19) Continuously monitor and analyze financial markets, stock markets, and related policies through official sources.
20) Contact relevant authorities for any queries or complaints related to investment.
21) Participate in training programs to enhance awareness and knowledge about the stock market and investment.
22) Maintain the security of personal investment details to prevent unauthorized access.
23) Obtain information about financial market-related legal provisions and investor rights.