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The entire country celebrating Raksha Bandhan today. But are you one of those elder siblings still mulling and stuck over the perfect gift to give your younger ones? Well, then it is time for you to move beyond your traditional gift ideas like sweets, gadgets, clothes, and jewelry, and invest in their future prosperity. How? By gifting them <keyword id="19905382" type="General" weightage="20" keywordseo="stocks" source="keywords">stocks</keyword>, or even mutual fund units. Here's a deep dive into how you can lay the foundations of a lasting bond with your siblings, and cement their financial future, one stock and one mutual fund unit at a time. <h2>How can I gift shares ?</h2>You can swiftly transfer shares online, provided both you and your siblings have a <keyword id="19977340" type="General" weightage="20" keywordseo="demat" source="keywords">demat</keyword> account. Many brokerage firms like Zerodha, Groww and others also offer this facility. For this, you will need to input details like your sibling's name (who you wish should receive these shares), particulars of their demat account, the amount of shares you wish to give as gift, and the name and 12-digit ISIN number of the company whose stocks you want to transfer. In addition, you will also have to provide the beneficiary owner ID of your siblings, reason for transferring these shares, and bank account details. In order to kickstart the process, you'll have to initiate what is known as an off-market settlement. This means without the stock exchange coming into the picture, two parties i.e. you and your sibling will mutually settle shares. For this, you will have to submit a delivery instruction slip (DIS) to your DP, or depository participant, which serves as a bridge between you and the depository. When you are transferring shares, you are essentially transferring your ownership of such stocks to them, and thus, you need to inform your DP and depository of the same. At present, there are only 2 depositories present in the country, namely NSDL and CDSL. You can submit this DIS both online and offline. If you have more than one siblings you wish to transfer shares to, remember to use separate DIS for each recipient's account. Once you initiate the transfer, your broker will send an email and SMS to the recipient, who will have 7 days to accept this. But remember, once you've transferred these shares, there is no provision to revoke this transfer. And just like with your clothes, accessories and everything else in life, your siblings will have full freedom and ownership to do whatever they deem fit with these shares! However, what you can certainly do, and make this gift more meaningful, is drive home the value of holding these securities for the long term, so that they are able to make the most of this investments. Ideally, a good start would be to start investing in stocks of large-cap, blue-chip companies, and them eventually complement them with small and midcap stocks, which offer higher legroom for growth. Per brokerage firm Master Capital Services Ltd, "consider choosing stocks from well-established companies with a solid track record and growth potential. It is essential to consider risk tolerance, investment horizon, and financial goals before selecting stocks for your brothers and sisters. The finest present you could give your siblings this year would be long-lasting financial stability". If you're looking for some stock recommendations you can consider for your siblings, we have you covered as well: <h4>Larsen &amp; Toubro Ltd. </h4>Why you should consider this? The company has shown consistent revenue growth and profitability in the past years while maintaining stability with its ROCE &amp; ROE of around 19% and 15%. L&amp;T has a significant global presence, with projects and operations in various international markets. This geographic diversification helps in tapping into global opportunities and reduces dependence on the domestic market. <h4>HCL Technologies Ltd. </h4>Why you should consider this? HCL Technologies is one of the IT giants of India, which is ranked amongst the top five Indian IT services companies in terms of revenues. HCL offers a wide array of IT, business services, engineering, R&amp;D services, and software products with operations in 60 countries. The company has been investing heavily in digital technologies, including cloud computing, artificial intelligence (AI), and automation. This focus aligns with current industry trends and positions the company to capture growth in the high-demand areas. <h4>TATA Motors Ltd.</h4>Tata Motors Limited is a leading manufacturer of automobiles and one of the largest OEM in India offering a wide range of passenger and commercial vehicles. Tata motors owns the flagship brand of Jaguar and Land Rover (JLR) which is a dominant automobile player in the global market. Its early entry in the electric vehicle segment has positioned it well ahead of many competitors and currently, it enjoys the largest market share in the EV segment in India. The focus on innovation and sustainability, along with a robust product lineup, positions Tata Motors well for future growth and market opportunities. <h2 style="margin-bottom: 0.7em; line-height: 1.3; color: rgb(0, 0, 0); font-size: 24px; background: 0px 0px; text-rendering: optimizelegibility;">Tax Implications of gifting shares</h2>The best part about gifting shares is that it is tax-exempt, since you're giving it to your relative. This means your sibling will not be liable to pay any taxes on this gift. However, to be on the safer side, make sure that the market value of the shares that you gift them does not exceed Rs 50,000, or else your siblings, i.e. the recipient will have to incur a tax liability. If your siblings decide to sell these gifted shares, they will have to pay LTCG (long-term capital gains) tax at the rate of 12.5%, or STCG (short-term capital gains) tax at the rate of 20%, depending on how long they hold these securities for. <h2>Gifting mutual fund units? </h2>Unfortunately, you cant transfer your mutual fund units to your siblings. The transfer of mutual fund units is only possible in case the unitholder passes away. But the one thing you can certainly do is start an SIP, or systematic investment plan (SIP) in their name. With as much as Rs 5,000 per month, invested over a period of 10 years, you 'll have invested Rs 6,00,000 for you siblings, which would have earned returns worth Rs 5,61,695, taking their total corpus to Rs 11,61,695. You can even start an SIP with just Rs 500/month in their name. You can nudge them into continuing this, so that you instill the value of financial discipline and long-term investing in them. Remember, at the end of the day, the true value of your gift lies not just in its monetary worth, but in the knowledge, responsibility, and financial acumen that you will pass on to your siblings. So, this <keyword id="22639140" type="General" weightage="100" keywordseo="Rakshabandhan" source="keywords">Rakshabandhan</keyword>, consider tying not just a rakhi, but also a knot of financial empowerment.

Move over regular gifts! Gift your sister stocks, MF units this Rakhi

<ul class="summary-list"><li>A new study shows 51.6% of US stocks since 1925 lost value over their lifetimes.</li><li>But there are steps one can take to mitigate risk, says Lance Roberts.</li></ul>It may come as a surprise that most stocks lose value over their lifetimes, given the long-term outperformance of major indexes like the S&amp;P 500.A <a target="_blank" href="https://download.ssrn.com/2024/10/1/4897069.pdf?response-content-disposition=inline&amp;X-Amz-Security-Token=IQoJb3JpZ2luX2VjEC0aCXVzLWVhc3QtMSJHMEUCIQDN0qA7vH3iVQ7kMnZb4o9%2B6lcNFjaOmf49w%2Bw5bU5jTwIgcl%2BOpTpgkU0WOQS0sUYTeqH4vOVA8%2B8E6WE59iHcgnEqxgUIlv%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FARAEGgwzMDg0NzUzMDEyNTciDCv3AwTMvnly0NCcWyqaBSrLGbVPR%2FoKw54NV4LpS3q9DrkC7NW5xBeK2ftAprs7ZR3zweHEhwYokQZoeckyXVjOYsfI5OgW5X%2Bhoc1%2BXcM0CqhRVsDEfiBV4qaTawLsmCdPLxe25894Br3LsWasPrlqCZAH0%2BxqDk2kc9I8ll7kgw29%2Bmxqt0yMQeFb94WPydLAWP2stv7jD115u2xfyuzvMlKTlQ8n4q5ZgJrPTd0kZ6g17XIlXbj8IL%2BvVqr7whu15KdngyMNqBNVU9GkBTLR81ubC8l%2B%2FTW3xSxgv6BbMntgX35R6HQv2uOzghLnb1qbkEdKYJFV4R62Fte8CUaOCwctmVXfLasGnKnT5BSiEdYnOhZQbdlmUPn%2FAWZdQRjqL8wm0iDfuM4BtEY1z0ciIiJ4NY0j7oglRko3K4qqP40u1U6CaAH2DhQeFdhQKa439hGN9RDg9RBi3%2FJ3onq6CHpFJuwtPv8Yku5vVy6xtVdk3YQ96ByG3T1VmjbABE3GdTwdsUxl%2BQfCS3RY%2FjHUDhbCai6ISC224s0DqUFs8FScV5TgvzgtkV8H4DuKVmOiK5qPX7vYHRRhbwcuBjxYMYZQjiAoTTckr2YYAKBnKsROl%2FnNdm4G5ajKXDWMAg9Qr2lp7MOSOYS2HRoUq3WQM%2BqPFe5dvmhJAi0VdiglMOVr2nOKLlcJYslVEmVSPh1gsSwc%2FuGB3zqv4nMD9aF9yURFCH3D4hSVN7yxxfiICYhDa7ShR7zJrYlE3ynmdUq93rBo7BNZYUB9osihmSdmZ%2BmgMv7JbliHmQQ3%2BAcziK6rMzmyeIRnAvLRc2RBywKi0xELG%2BhdhhaHjhpIfp2om%2FUK0K40CScj8RPLooS%2BESjM7Um1N3VZOe6BAOYE5BLTmiyHG1QMezDZ9tq4BjqxATVtLNrOOHOYEAQZIosRIxp1zb2GclGkoEhSicOA%2BE%2BbO2hvslHnjd40DFltPtmBYF11Njs6G5hJhfO692AkL4qSuuMuHPv7kdkzrC8POj3h6JnqrPdWUkFqC%2F3UWvPe87E26USmQo59UWLnXFizN94H58Zcmu5wf9eSMFxKG4clIBMWdttM170wHE3yM%2FIChBmKC8unL1x%2BrW9N%2Fub9QEc8ltLUIq3rvQN8AOBHPZYX8A%3D%3D&amp;X-Amz-Algorithm=AWS4-HMAC-SHA256&amp;X-Amz-Date=20241021T213401Z&amp;X-Amz-SignedHeaders=host&amp;X-Amz-Expires=300&amp;X-Amz-Credential=ASIAUPUUPRWEZRIUPSYY%2F20241021%2Fus-east-1%2Fs3%2Faws4_request&amp;X-Amz-Signature=1021ef908b230aa75cb64668700a9ac247e2301ab654cc87622c3e6185016a1c&amp;abstractId=4897069">recent paper</a> from Arizona State University professor Hendrik Bessembinder found that 51.6% of 29,078 US stocks since 1925 have lost value from when they were listed. The median return of those stocks was -7.4%.If you're an investor who likes to keep your money in individual stocks instead of an index fund, those might be scary statistics. But there are a few steps you can take to mitigate risk, according to RIA Advisors Chief Investment Strategist Lance Roberts, who discussed the paper in a recent note.To start — it's advice you hear time and again — make sure your money is diversified enough.Diversification comes in many forms. In addition to putting money into stocks, perhaps consider investing in bonds and real estate, Roberts said. You could also consider spreading your money across a number of different industries and sectors, instead of having your whole portfolio in, say, a few tech stocks. A simple way of doing that could also be putting money into an index fund.You can also set up stop-loss orders. This can be done in a brokerage account, and your position is sold if a share price falls to a certain point. There's also the trailing stop-loss order, Roberts said, which adjusts based on upward movements in a stock's price. So a 5% stop-loss limit, for example, moves up to correspond to a level 5% below a stock's rising price, but will never dip below the original stop-loss limit."This safeguard ensures that you are not solely reliant on timing the market, which, as we all know, is nearly impossible to do consistently," Roberts said.And third, take profits on gains. With Nvidia and other AI stocks delivering ungodly returns over the last couple of years, this piece of advice might be good for investors in those firms to hear. It can be tempting to stay fully in a stock that has treated you well. But doing so may also melt away the wealth you've built if the stock has a sudden turnaround, Roberts said."This is not an uncommon issue that I always see with clients and prospects," Roberts wrote. "Greed comes in three destructive forms: 1) the need to make more, 2) the lack of knowing when "enough is enough," and 3) the unwillingness to pay taxes."He suggested a strategy resembling something like taking half of your gains and buying safer assets like Treasurys, and said to keep in mind that paying taxes on capital gains can be cheaper than suffering losses."As investors, it's crucial to understand that market gains are never guaranteed and that the risks of overexposure can be devastating," Roberts said. If you're "riding the wave of massive market gains, ask yourself: Is now the time to take some chips off the table? Are your investments aligned with your long-term goals and risk tolerance?"

A new study shows most stocks have lost value in the last 100 years. Take these 3 steps to protect your portfolio.

<ul class="summary-list"><li>Stock markets worldwide are on the slide, with Japan's Nikkei falling more than 12% on Monday.</li><li>Worse than-expected jobs data in the US last week fuelled recession fears and drove the sell-off.</li></ul>Investors started the week with a shock on Monday <a target="_blank" href="https://www.businessinsider.com/markets-japan-rate-hike-yen-fx-carry-trade-stock-futures-2024-8">as Asian markets tumbled, European stocks followed,</a> and US futures pointed to America continuing the trend.In Japan, often considered Asia's most important market, the benchmark Nikkei index dropped by more than 12% on the day, continuing a sell-off that started late last week. It was sparked in part by Japan's central bank decision to <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/japanese-stock-market-selloff-boj-rate-hike-us-economy-s2024-8">raise interest rates</a>, strengthening the yen against the dollar, and rising investor fears of a US recession has also played a role.To put it into context, a move of 2% in either direction for a major index like the Nikkei on any given day is substantial — meaning a 12% drop is huge."The overriding message from today is ... hold on to your hats," Jim Reid, a research strategist at Deutsche Bank, as Tokyo battled losses of a scale not seen in almost 40 years since the Black Friday crash of 1987.Fears of a recession in the US jumped after <a target="_blank" href="https://www.businessinsider.com/unemployment-rate-job-growth-july-labor-market-economic-data-2024-7">significantly weaker-than-expected July jobs numbers on Friday</a>, which also saw jobs numbers for June revised lower.Those lower-than-expected numbers pushed up expectations of a deeper and faster cycle of interest rate cuts from the Federal Reserve, with markets now pricing in a 78% chance of a 0.5 percentage point cut from the Fed in September, Reuters reported.<h2 id="d1a7e0ef-696e-4949-8e55-aea71cd49885">'Rapid, violent' reaction</h2>"Something of a perfect storm appeared on the horizon last week, with first a more hawkish than expected Bank of Japan, then a softer than expected US labour market report, barrelling into financial markets," Michael Brown, an analyst at online brokerage Pepperstone said in an email Monday."The reaction has been rapid, violent, and extreme," he said.While Monday's moves are substantial, several analysts have already suggested that markets are overreacting to last week's news. This could be exacerbated by August often suffering some market volatility."August is often a dangerous month," Reid said in a note to investors, "but with this one only being 2 and a bit business days old, we are seeing some astonishing moves already.""Markets were on edge before Friday but a weak payrolls has really escalated a profound move across the globe. However the reality is that although payrolls was disappointing it's hard to know how disappointing given the distortions from Hurricane Beryl," Reid wrote."It's like the market has added up 2+2 and made 9. It's easily possible we'll get the additional 3 and 2 to make up the total but we're certainly not there yet. It's hard to believe such market moves would have occurred in any other month."

Global stock markets are sliding and investors are holding on to their hats. Here's why.

<ul class="summary-list"><li>GameStop stock is still the fascination of day traders, even after many saw big losses in 2021.</li><li>The allure of striking it rich on the meme stock is too great to ignore, traders told BI.</li></ul><a target="_blank" href="https://markets.businessinsider.com/stocks/gme-stock">GameStop</a> stock has seen a resurgence this year, and traders who lost big time in the first round of <a target="_blank" href="https://www.businessinsider.com/gamestop-meme-sales-3-billion-explained-2024-6">meme-stock mania</a> say they're still tempted by the possibility of striking it rich betting on the ailing video game retailer.The stock is up about 43% year-to-date but was up as much as 178% in May when the 2024 rally kicked off.Interest in the stock was revived overnight after the trader <a target="_blank" href="https://www.businessinsider.com/gamestop-stock-price-roaring-kitty-keith-gill-investing-markets-outlook-2024-6">Keith Gill</a> — known on social media as "Roaring Kitty" — began <a target="_blank" href="https://x.com/TheRoaringKitty/status/1789807772542067105">posting about it on X </a>in early May and then later on Reddit, where he shared screenshots of his brokerage statement showing a $116 million stake.Based on data at the end of March, Gill's 9 million shares of GameStop made him <a target="_blank" href="https://markets.businessinsider.com/news/stocks/roaring-kitty-nearly-doubles-gamestop-position-to-9-million-shares-2024-6">the fourth-largest holder of the stock</a>.His posts broke a years-long silence and reinvigorated the meme-stock faithful on Reddit and other forums.Business Insider spoke with retail traders, who asked to use only their first name for privacy, about how past losses are impacting their decision to go long GameStop again.<h2 id="93ef0214-d7a9-49c4-8f8d-2f4f53d6b8ed">'I drank the Kool-Aid'</h2>Dan, a 29-year-old retail investor who jumped into the meme-stock world in 2021, estimates he put around $40,000 into GameStop during the pandemic after seeing several promising threads on the stock on the subreddit r/WallStreetBets.His stake multiplied to around $200,000 in value before the stock tumbled again. He ultimately sold his shares for a loss, according to brokerage statements viewed by Business Insider."I found a lot of Reddit users, particularly on the Wall Street Bets community, come up with all this sort of diligence and research about GameStop. Then I kind of went down that rabbit hole," he said of his first foray into GameStop. "Then the initial dump happened, so to speak, from the $300 range back down to the $100 range, and I was needless to say very distraught. It was just a crushing blow to my spirit and everything."Never did it occur to Dan to sell his shares when GameStop peaked. The prospect that the stock would soar even higher was too intoxicating, he says."I drank the Kool-Aid, so to speak, of the Reddit community and the GameStop zealots," he said. "The FOMO or the fear of missing out was so high that at the time there was no part of me that even considered selling. So obviously in retrospect, it would have been a good call."Dan ended up speaking to therapists to help him come to terms with his losses. Still, he couldn't help himself from scooping up more GameStop shares when the stock rocketed higher this year."I dabbled a little bit with this current uptrend, certainly nowhere near the levels I was putting in before. I made a little bit on it, then I lost a little bit on it, so it's just been kind of a wash," he said, adding that he was mostly drawn to the latest rally out of "amusement."<h2 id="12608954-744d-4fce-9d43-461833335e4a">Seeking financial freedom</h2>Brian, another retail trader who invested in GameStop in 2020, says he was also drawn back in amid this year's RoaringKitty-fueled rally."When he posted, I kind of dabbled into it," he told BI. "You see all the hype around it, and then you see the price just shoot up. It's hard not to want to just jump in."The allure of GameStop stock has been the potential for a big, quick payday, Brian added, and plowing cash into a meme stock is like buying a lotto ticket for a chance at financial independence."[They] could essentially just make you financially free. You never have to work," he said. "I live in the Bay area of California, so it's very hard out here if you don't have a very well-paid job or if you don't have a dual income … So I was looking for something that could gain me the freedom to not have to work and grind it out every day."Others echoed that sentiment, noting that the chance to hit it big is too enticing to sit it out as the stock starts going parabolic."I've been unemployed since November and I've been struggling to find work," said Zaine, another retail trader.He never traded meme stocks but has bet against risky assets during the pandemic. His portfolio ballooned to as much as $75,000 before plunging to near zero, screenshots of his brokerage account show."You go to these outlets thinking, I can just make a little bit of money on the side to kind of just survive," he said. "And it ends up being this snowball effect that, if you don't look at yourself in the mirror, you can really end up losing everything."

These retail traders lost big in the first meme stock episode. Here's why they won't stop betting on GameStop. 

<ul><li><keyword id="11931201" type="UNKNOWN" weightage="60" keywordseo="robinhood-stock" source="Orion">Robinhood stock</keyword> soared 22% on Monday following a Bloomberg report that said <keyword id="11930688" type="UNKNOWN" weightage="60" keywordseo="ftx" source="Orion">FTX</keyword> is considering acquiring the brokerage.</li><li><keyword id="11930691" type="UNKNOWN" weightage="60" keywordseo="sam-bankman-fried" source="Orion">Sam Bankman-Fried</keyword> disclosed a 7.6% stake in <keyword id="11896285" type="UNKNOWN" weightage="60" keywordseo="robinhood" source="Orion">Robinhood</keyword> last month and called the company's current valuation "cheap."</li><li>"We are excited about Robinhood's business prospects and potential ways we could partner with them," Bankman-Fried told Bloomberg.</li></ul><a href="https://markets.businessinsider.com/stocks/hood-stock">Robinhood</a> stock popped as much as 22% on Thursday following <a href="https://www.bloomberg.com/news/articles/2022-06-27/sam-bankman-fried-s-ftx-seeking-to-buy-robinhood-hood?sref=vuYGislZ">a Bloomberg report</a> that Sam Bankman-Fried's FTX was exploring a buyout of the brokerage firm.The merger would be of little surprise given that Bankman-Fried personally <a href="https://markets.businessinsider.com/news/stocks/robinhood-shares-surge-30-percent-ftx-sbf-crypto-billionaire-stake-2022-5">disclosed a 7.6% stake in Robinhood</a> last month, <a href="https://markets.businessinsider.com/news/currencies/ftx-sam-bankman-fried-2-billion-acquisitions-cryptocurrency-2022-5">calling its current valuation "cheap."</a>A potential merger between the two would bolster FTX's stock trading aspirations and give the company more scale, as Robinhood has nearly 23 million accounts. A merger would also be a shot in the arm for Robinhood's crypto trading operations, which recently launched a long-awaited wallet feature. Citing people with knowledge of the matter, Bloomberg reported that FTX is deliberating internally on how to buy Robinhood. No formal offer has been made, and there are no official talks currently underway between Robinhood and FTX."We are excited about Robinhood's business prospects and potential ways we could partner with them. That being said, there are no active M&amp;A conversations with Robinhood," Bankman-Fried told Bloomberg. A spokesman for Robinhood declined to comment on the report.A deal between FTX and Robinhood would require approval from Robinhood co-founders Vlad Tenev and Baiju Bhatt, who control more than 50% of the company's voting power, according to filings made with the SEC. Depending on the price, a deal could be a quick exit for Tenev and Bhatt, who have experienced a bumpy ride as a public company. After going public in July, Robinhood stock briefly soared 156% before losing more than 90% in value. The stock is down 76% from its IPO price of $38 per share.Robinhood's <a href="https://markets.businessinsider.com/news/stocks/robinhood-ipo-stock-offering-price-filing-hood-valuation-trading-debut-2021-7">valuation of $32 billion</a> at its IPO now stands at a paltry $7 billion thanks to an ongoing decline in the <keyword id="11895235" type="UNKNOWN" weightage="60" keywordseo="stock-market" source="Orion">stock market</keyword>, <a href="https://markets.businessinsider.com/news/currencies/crypto-market-value-1-trillion-bitcoin-winter-ethereum-inflation-cardano-2022-6">cryptocurrencies</a>, and waning retail trading activity. <div type="image" title="Robinhood stock price" height="534" width="634" msid="92500925" hostid="261" sizebytes="13206"></div>

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Move over regular gifts! Gift your sister stocks, MF units this Rakhi

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A new study shows most stocks have lost value in the last 100 years. Take these 3 steps to protect your portfolio.

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Global stock markets are sliding and investors are holding on to their hats. Here's why.

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These retail traders lost big in the first meme stock episode. Here's why they won't stop betting on GameStop.

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