US Stocks: Are We Buying the Hype Without Checking the Safety?

General
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Several Stockal investors have reportedly alleged that their US shares were sold without authorisation, with losses exceeding ₹100 crore.

Stockal is SEBI-registered and partnered with HDFC Securities in 2019 to launch GlobalInvesting.in. That operational partnership ended in July 2024. Stockal uses US-based brokers like DriveWealth for trade execution and custody.

Indian investors are rushing to own Apple, Nvidia and Tesla. But do we really understand who holds our shares when we invest through these platforms?

If your shares are sold without your permission, who takes responsibility — Stockal, the US broker or the custodian? And what protection does SEBI registration actually offer when assets are held overseas?

Source - Investors lose over a Rs100 crores in Stockal Securities scam: Dozens of retail investors report unauthorized US stock liquidation

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US is sinking ship… Some still think it is super power!!

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Almost all markets corrected significantly compared to US. If US were to break others would break exceedingly more

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US is a bully, but the dollar unfortunately is not going anywhere. It’s never sinking, a false hope and dream sold to Indians. It is too huge and powerful in every segment.