Investor seeks help

Hello!
I am totally new to shares/stocks. Market seems to be near bottom. I want some good bluechip investments with long term horizon, say 3-5yrs. I do not know about the formalities of purchasing shares except for opening D-Mat account. Plz help me:
1) Is trading account necessary even for one time purchase of shares?
2) Do these 3 in 1 accounts promoted by many banks/firms are more easy choices?
3) If I do not indulge in day-trading, keep my shares for approx. 5yrs, do I have to pay annual D-Mat charges every yr, any better solution for investors in stocks?

hope to hear from you all soon.
rm420

1.Yes you need a trading account even if you want to purchase a single share .

Almost a century ago or more, most of the people believed in keeping their savings in Post Office. Today, it sounds ridiculous.

Till recently, to open a demat count, people thought the best way was to approach banks.
Believe me. This is equally ridiculous as keeping ones savings in Post Office today.

Better way is

First look around and understand various types of deals one could have, on the various markets available for trading-investing.

Decide, which markets you would like to have the facilities for trading, such as

Purely as an investor. To have Trading a/c with Demat

Trading few times a week/month Have trading a/c, demat and better facility for online trading.

Trading in F&O markets

Trading in commodities

Trading in Forex

Then check for various softwares, and which one is more user friendly, and offers better facilities

Also check for the various brokerages charged : For delivery, for intraday buy-sell with square-off, for F&O.. etc

Choose your Broker

Thats it.

You will automatically get a trading a/c, trading software, demat, etc. no need to go to any bank. All brokers offering online trading facility, also offer transfer of funds to and from banks for most of the leading banks.

In fact, brokers are exclusively in this business, whereas the prime business of banks is NOT being a broker.

Think and act suitably. You could check for threads, which give a lot of information about various brokers, brokerages, etc

Good Luck. Happy Diwali.
SS

Thanx a ton bond007 & ss for valuable replies.
I searched & bargained also. Wish I have not committed a major blunder, I have applied D-mat/trading acc with 'india infoline'. It charges rs565 lifetime for Dmat/trading. brokerage is comparable to peers.
Members, now help me to make a good portfolio to invest rs 50000. Horizon=3-5yrs. I want good bluechip picks & sufficient balancing. Suggestions are eagerly awaited.
rm420

Hello!
137 hits & no active participation! plzzzzzzzzzzzzzzz write!

hi

check out this http://www.traderji.com/stocks-shares/24702-picks-next-six-months.html

Thanks a ton, mk4r8!
rm420