We have taken reasonable steps to ensure that any information provided by The Motley Fool Ltd, is accurate at the time of publishing. The content provided has not taken into account the particular circumstances of any specific individual or group of individuals and does not constitute personal advice or a personal recommendation. No content should be relied upon as constituting personal advice or a personal recommendation, when making your decisions. If you require any personal advice or recommendations, please speak to an independent qualified financial adviser. Think about the products you use every day, the food you eat, and the services you buy. The chances are there is a well-known stock exchange-listed company behind them.
You can sign up for news alerts for the companies you’re invested in and you can keep track of their share price patrice motsepe trading platform via your broker or at financial websites like The Motley Fool. The first step in learning how to invest in stocks is to ask yourself, what exactly is your goal? Younger investors are often seeking to build wealth, while older investors typically look to protect it. Long-term investors should have a strategy centered on a financial goal and a timeline for achieving it.
Instead, a more appropriate goal is to invest for retirement, or general long-term savings that will make you more financially secure. In fact, setting up a regular plan to buy index trackers or funds and trusts can be an excellent way of investing for beginners, as you can build up a sizeable position over time. That’s especially true when the effects of compounding enter the picture. Using a stock screener or your online brokerage account, research dividend-paying stocks. Look for companies that have a history of paying dividends, as well https://www.psg.co.za/ as a strong financial position and a good growth potential.
Your age is a major consideration, and so are your particular risk tolerance and investment goals. patrice motsepe trading platform Here’s a step-by-step guide to investing money in the stock market to help ensure you’re doing it the right way. When done well, investing in stocks is among the most effective ways to build long-term wealth. Saxo in particular has good video content aimed at beginners, such as video guides that introduce what stocks (equities) are and how to choose them. However, the Saxo platform itself is generally aimed at more experienced investors. Having invested money for around ten years, my main tip would be to get started in any way you can.
Unlike holding cash, however, shares can fall as well as rise in value so investors could make a loss. The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may https://www.liberty.co.za/ be subject to future change. In most cases, it’s not possible to buy stocks online without a broker.
Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. If the https://satrix.co.za/ stock market is open for trading, you simply select the stock you want and click or tap ‘buy’. Trades are placed quickly if the market is open, or will be placed when the market next opens.
