Investing in the stock market is probably the smartest thing you can do with your money right now, when it comes to investments. Sure, thereâ€™s no such thing as a perfectly-safe investment that comes with zero risks, and this is why you should always check the Samsung share price in India before starting your investment adventure.
When it comes to investing in the stock market, simply looking up Samsung share price India on Google is not enough to begin putting your money in stocks. You need to dig a lot deeper than that to understand the risks you are exposing yourself and your money to.
Doing your due diligence upfront comes with massive rewards, especially if you start reading up as much as you can about investments, stocks, the stock market and anything related. Youâ€™ll quickly come to realize that different financial advisors have different opinions, but when it comes to investments, they all recommend investing in stocks.
So, are you ready to begin learning the first steps about investments? Letâ€™s go through them together in the following rows.
- Samsung Share Price in India
- Can I buy Samsung stock in India?
- How to Buy Samsung Shares in India
- How has coronavirus impacted Samsung share price?
- Is it a good time to buy Samsung stock?
- Everything you need to know about Samsung stock
Samsung Share Price in India
If youâ€™re looking for the share value of Samsung in India, you should know that the stock’s price is the same all over the world. Thatâ€™s one of the beauties and main advantages of the stock market.
It offers complete transparency at a global level, and the price stays the same regardless if youâ€™re a multi-millionaire, or just a beginner investor with a few hundred bucks to your name. The price youâ€™ll pay for 1 Samsung share in India will be the same paid for 1 Samsung stock in the United States.
The only difference in prices will be given by the commissions you have to pay, based on your online broker. Some brokers will charge hefty commissions every time you buy and sell, while others charge a monthly subscription fee, and some even charge their users both. Itâ€™s all a matter of what youâ€™ve signed up for.
This is why the 1st step of our investment guide is so important. Currently, the price for 1 Samsung share is $1,721, but this doesnâ€™t mean that you need to have this entire amount in order to invest.
You can buy half a share, a quarter of a share, or even 0.1 of a Samsung stock, as long as your online broker permits it. And they usually do, because most brokerage firms operate that way. Youâ€™ll be able to invest any small amount on a weekly basis and if you will continue to do so for decades to come, youâ€™ll secure a nice amount of money for yourself in Samsung shares.
The sooner you start, the more money youâ€™ll be able to add in your stock portfolio until the moment when youâ€™ll think about cashing out, or until the amount that piled up in your portfolio is enough to offer a comfortable passive income.
Can I buy Samsung stock in India?
You can buy Samsung stocks from anywhere in the world, as long as you live in a country where no legal restrictions are in place against this activity. If you live in a dictatorship, or in a communist regime, most likely you will not be able to enter the stock market.
In that situation, youâ€™ll either have to change residency, open an account abroad, or rely on friends and family from other countries to help you intermediate your stock buying/selling process. However, it is not advisable to involve too many people in this process.
Buying Samsung shares in India is possible through multiple online brokers, and this is why we come back to the first step of the investment guide – finding the right online broker to suit your needs. We know itâ€™s only the first step, but it makes a world of difference if you choose an online platform that works for you.
Buying stocks can be a very easy process, especially after you have gotten acquainted with the stock market, a few basic terms and with how the platform youâ€™re trading on works. After that, it will be smooth sailing in terms of managing your portfolio, but you never know what value your stocks will reach.
How to Buy Samsung Shares in India
We know how excited you can be right now when youâ€™re about to make your first ever investment on the stock market. However, this is the type of decision you donâ€™t want to dive head first into, and you might want to sit down, and start analyzing the facts and figures.
Investing in the stock market can bring huge and unimaginable financial rewards, but if you make the wrong investments, or go through an unlucky period for the market, it can lead to you losing all your money in a split second. And you donâ€™t want that, do you?
This is why we recommend going through our step by step guide to investing in Samsung shares, with the utmost attention and patience. Shall we begin?
Step 1: Find the perfect online broker to help you invest in Samsung shares
Investing in stocks is not like buying a car, or any other physical item you can imagine. You canâ€™t simply walk into a store, or head over to a cashier and ask for the Samsung stock price today and simply purchase some shares.
In order to get your hands on those sweet-sweet Samsung shares, youâ€™ll first need to research the best online brokers in India and see which ones offer their services in your region. Be sure to check out their available stocks portfolio and commissions before deciding whether or not to work with them or not.
After you have read all the information you could find about the selected online broker, and only if youâ€™re happy with your decision, you can now begin your collaboration with them. The online brokerage platform you choose will be the place where you can buy, sell, or trade Samsung shares and it will also be the palace where youâ€™ll store your stocks.
Ready for the next step?
Step 2: Register an account with your chosen online broker in India
So, youâ€™ve gone through a few online brokers, visited their websites, read about their platforms and you have decided on one to collaborate with. You are now getting closer and closer to buying your first Samsung shares and â€˜debutingâ€™ on the stock market.
In order to sign up for an online broker in India, youâ€™re going to need to provide your full name, your address, your telephone number and email, and some brokers even require a proof of address as an additional security measure.
This proof of address can be anything from a gas bill, telephone bill, electricity bill, Internet or TV cable bill, that has your name and address on it. Also, it shouldnâ€™t be dated more than 3 months ago, in order to make sure that you still live there.
Donâ€™t worry about it being such a complex and bureaucratic process, because itâ€™s all meant to ensure your brokerage accountâ€™s online security against numerous cyber attacks that take place in India on a daily basis.
Opening an online brokerage account is very much like opening a bank account and this is why they require all the data possible about their clients. Youâ€™ve finally signed up, now youâ€™re (almost) ready to buy your first Samsung stocks!
Step 3: Fund your online brokerage account with real money
Most online brokers offer tutorials or play money trading platforms for their clients to get better acquainted with buying, selling and trading stocks. If the online brokerage firm youâ€™ve chosen offers such a platform, thatâ€™s great. Youâ€™ll get to learn how the platform works, free of charge, without investing your own money straight from the start.
After youâ€™ve learned the dos and don’ts of stock trading, you are now ready to deposit money into your online brokerage account and start buying Samsung shares.
You can fund your online brokerage account via various payment methods such as credit and debit cards (from large credit card companies like: Mastercard, VISA, VISA Electron, American Express, Discovery and so on), via direct bank transfers (but it usually takes longer), e-wallets (like Paytm, Trustly, Skrill, Much Better and more – depending on your region) and also by using the classic payment websites like PayPal, or Payoneer.
With so many options to make a deposit, be sure to choose the one that works best for you, meaning that youâ€™ll be charged smaller commissions and your money will be sent to your account instantly.
After youâ€™ve made your first deposit, itâ€™s time to start buying Samsung shares and officially becoming a stock market investor in India, and worldwide.
Step 4: Buy Samsung shares in India and begin your investing adventure
We often call all investments an â€œinvesting adventureâ€ because we never want people to lose sight of the fact that there is no such thing as a 100% safe investment. All investments come with risks, no matter the companies you are buying shares from.
However, knowing how the stock market works and investing in big corporations, like Samsung, radically decreases the risk of losing all your money and maximizes your shot at making a killing in the long run.
If you want to start buying your first Samsung shares right now, you should head over to the portfolio of companies offered by your online broker and check out the Samsung share price in INR, or in USD, GBP, EUR or whatever currency youâ€™ve set as default.
If the price is something you are willing to pay, without leaving a massive whole in your budget, you should click that â€œBuyâ€ button and officially start owning a share of Samsung. Never invest more than you are willing to lose, and you should always consider investing on a regular basis.
Analyze your cash flow and set aside a weekly, or a monthly, amount of money to invest in the stock market. This way, you can buy shares, or fractions of Samsung shares every week, or month, and in a matter of years youâ€™ll build up quite a nice portfolio for yourself.
It takes patience, so donâ€™t rush to cash out and sell your Samsung shares if you think the price is already too high, unless you need money for other investments or emergencies.
Step 5: Check out your Samsung shares regularly
After youâ€™ve bought the Samsung shares and you have them available for you through your online brokerage platform, this does not mean that you should forget about them completely until you retire.
Checking your position on the stock market regularly is a sign of wisdom and you should constantly stay informed about Samsungâ€™s share price, in order to know how your portfolio (or retirement plan) is going.
If you check your stockâ€™s value every other week, youâ€™ll know when the prices are down and you can easily invest more, buying additional Samsung stocks for a lower price. If you see that the prices are high, or even at an all-time high, youâ€™ll know when to wait for them to drop a little and then buy more.
Itâ€™s all about staying in the loop and investing on a constant basis. Thatâ€™s the safest (although not guaranteed!) way of investing and assuring yourself a nice retirement nest for the future. Keep reading to learn more tips and tricks about investing in Samsung shares in India.
How has coronavirus impacted Samsung share price?
For some industries, the coronavirus pandemic has proven to be a real curse, severely damaging their revenue streams, all the way to the point that companies had to shut down temporarily, and in many cases even permanently.
When it comes to the South Korean giant, Samsung had a very profitable year during 2020, and the impact of COVID-19 to their business was an economically positive one.
More than 50% is the rise of Samsung Electronicsâ€™ stock (LSE: SMSN) in 2020
When you experience such a huge rise within the timespan of just 1 year, it is clear to everyone that youâ€™re doing something right. Samsung investors also had a profitable year seeing their shares increase in value, thus increasing their revenue streams and overall net worth.
If economics have taught us anything, itâ€™s that in tough times, the top companies in any industry have a proven capacity to adapt, adjust and overcome the financial turmoil and come back even stronger. Samsung makes no exception in this scenario.
$1850 per 1 Samsung share is the maximum price reached by the companyâ€™s stock during last year
Samsung gained a lot in share value during the COVID-19 pandemic due to its smartphone division. More and more people decided to invest in new smartphones, tables and laptops, in their attempts to stay in touch with friends and family during isolation.
Another big plus for gian tech companies such as Samsung was the fact that a lot of companies bought extra equipment to offer their employees the possibility to set up their home office, as most companies have applied a remote work policy (or a mix: remote/office in shifts).
Is it a good time to buy Samsung stock?
When it comes to buying Samsung stocks, or lots of other stocks from various companies, you need to get in on the action when the market has settled a little bit. This means that you shouldnâ€™t buy when prices are going through the roof, but neither when stock value is going down the drain.
Thereâ€™s a vastly used term in the stock market, especially for first time investors or for beginners. This term is called â€œFOMOâ€ and it stands for â€œFear Of Missing Outâ€. This is what guides most beginners in their investment journey, until they lose a lot of money, or until they learn how to better manage their stock portfolio.
FOMO manifests itself when the price of a stock (for example, letâ€™s use Samsung) suddenly goes through the roof and everybody is buying left and right. All your investor friends are talking about the stock and everywhere you go to online forums, theyâ€™re discussing how far along the price for one Samsung share can go.
Thatâ€™s the moment you immediately want to buy more shares because you fear that youâ€™ll be missing out on making a good deal that could possibly come with life-changing amounts of money.
However, most of the time, the prices will start to drop after a sudden and unexpected rise like that. Thatâ€™s the moment when panic sells kick in. You realize that youâ€™ve over invested in that stock and now youâ€™re seeing its value go down.
You want to cut your investments short and you immediately start selling for a lower price than what you bought your Samsung shares for. And thatâ€™s how you lose money on the stock market. This is why we always recommend patience and research before buying any stock, especially when the stock market has huge ups and downs.
So, the best moment to buy Samsung shares, you ask? Anytime you have money you are willing to invest for a long period of time is the perfect moment to buy Samsung stocks. These efforts will pay off in the long run.
Everything you need to know about Samsung stock
If youâ€™ve made it so far, that means that you have an eye for investments, or at least you aspire to become a very well-informed investor in the future. Letâ€™s go through all the other information you should know about the Samsung stock before you decide if this is the company you want to invest in for now, or for decades to come.
Youâ€™ll find the companyâ€™s shares listed as Samsung Electronics Co., Ltd. (SMSN.IL) on all the largest stock markets in the world, like NASDAQ or NYSE. â€œSMSN.ILâ€ is going to be the abbreviation after which you can quickly search for the stock in your online brokerâ€™s stock offering.
After youâ€™ve found the stock, you can check out the features, data, charts and infographics provided by your online broker. Usually, youâ€™ll get to check out the current price, the all-time high price (widely referred to as ATH), the all-time low, the 52-week highest closing price, as well as the 52-week lowest closing price for the stock.
There are 2 types of stocks in which you can invest in: dividend paying stocks and non-dividend paying stocks. Samsung offers dividend stocks, meaning that youâ€™ll be getting a small percentage of your sharesâ€™ value in return every other quarter, half a year or annually, based on their dividend paying plan.
$8.32 billion is the total value of dividends paid by Samsung each year during the FY 2018-2020 (Fiscal Year)
Samsung paid all its investors an impressive amount of money during one fiscal year, and if their numbers continue to rise, so will the dividends they pay out. This is one of the many reasons why investing in dividend paying stocks is profitable in the long run.
Non-dividend paying stocks are also very profitable, but they go by a different strategy. Investors in this type of stock depend on the stockâ€™s price rising in order for their portfolio to increase in value. If the stock has reached a level theyâ€™re comfortable with, they can decide to sell, or to hold.
Non-dividend paying stocks tend to grow a lot faster than dividend paying ones, but they also come with higher risks. The higher the risk, the higher the reward. This is why you should consider buying stocks from more companies, in order to have a better diversified portfolio.
Donâ€™t put all your eggs in one basket!
You probably noticed that a lot of people are making quite a nice living simply by cashing in their passive incomes without having to work another day in their life. They manage to do so after years and sometimes even decades of investing in the stock market, and if you want to reach the same results, you should probably start investing right now.
This doesnâ€™t mean that you should rush and buy anything you read about in the news, or everything thatâ€™s currently on the rise on the stock market, but you should seriously start conceiving an investment plan for the future.
Earning a passive income takes time and if you manage to invest at a Samsung share price in India that is affordable for you at the moment, you could witness amazing returns in the long run. Remember, you need to hold on to your Samsung shares for a long time in order to build up a compound interest, which can later turn into a nice retirement plan when you reach old age.
Investing is a marathon, not a sprint and this is why you should consider taking the turtle approach, instead of the rabbitâ€™s one. Head over to your broker today and check where the Samsung share price India is at today. Is it a good time to buy? What other companies are you thinking about investing in?