Stock marketing Investing for Beginners
Investing in the stock market can be a great way to achieve your financial goals and to grow your long term wealth. If you are just starting to invest, you can start with a small amount of money, and keep things simple. Then, as you become more comfortable with investing, you can choose to invest more money in a variety of investments or various asset classes.
How can I Invest in Stocks?
You can invest in stocks in one of two ways: by buying them outright or by buying them through a pooled investment. Pooled investments allow you to access a variety of stocks, bonds and other assets that are selected by investment professionals who manage these assets on your behalf, for a fee. This makes pooled investments a great option for investors who do not have time or the ability to choose stocks. There are several ways to pool money to invest if you are looking for an alternative to trading individual stocks. For example, you may choose to invest in a unit trust or buying shares in a mutual fund.
Whether the investment is made directly in stocks or in a pooled investment such as unit trusts, these can be bought through a licensed brokerage. Once your account is established, you can start funding it and trade stocks as often as you wish.
There is no minimum amount required to start investing in stocks, however most institutions will probably need at least J$10,000 to get you started. You can buy just one stock or as many different stocks as you choose and you can add more stocks over time. The key to successfully investing in the stock market is to diversify your investments and invest for the long-term.
