Many retail investors are bombarded with ways to invest through exchange traded funds (ETF), most of which passively track an index.
The ETF platforms highlight how cheap they are, but in actual fact they aren't cheaper. If you have more than R80,000 in the account, its expensive. The ETF platforms charge between 0.35% and 0.65% ex VAT just for annual admin fees. That's on top of the other fees... ››› more
If you want to invest and have pinpointed a few shares that you want to buy, you need a stockbroker. Or perhaps you don't want to make the share picks, but would like a broker to do it for you. A stockbroker acts as an intermediary between you and the stock market. You have a number of different options open to you. What type of account do you open? What should you consider when you pick a broker?... ››› more
If you want to invest in shares, you'll need to open an account with a stock broker.
It's a relatively straightforward process.
You need to have specific documentation to comply with FICA regulations and money to deposit in your account. Then it's a case of finding a stock broker.
Let's take a closer look at what you need to do…
#1: Get your documents ready for opening your broke... ››› more
If you want to buy shares, you need a stock broker. A stock broker acts as the middle man between you and the stock market.
Without one, you simply can't invest.
So how do you find a stock broker? What sort of broking account should you open? And how much is it going to cost you?
Read on to uncover the answers to these questions and much more…
Why you need a stock broker to invest... ››› more
Once you've decided what stock broker you want to open an account with, there are a few things that you should check first.
So what are these things? And when will you be ready to start investing?
Read on to find out…
How to decide what type of stock broker account to pick
You should base the type of stock broker account you open on the level of support and guidance you feel you n... ››› more
Once you decide to open an account with a stock broker, the next decision you need to make is what type of account you want.
There are three main types of stock broking accounts available.
Read on to find out what they are and how they differ…
There are three types of stock broker accounts
When you apply to open an account with a stock broker, they’ll ask you what type of accoun... ››› more
If you want to invest in shares, you need to get yourself a stock broker. A stock broker acts as the middleman between you and the stock exchange.
The good news is there are lots of them to choose from and it's easy to open an account and start investing.
Let's take a closer look at the role of a stock broker and how to go about opening an account with one…
How the stock market opera... ››› more
If you're interested in investing in shares, you need a stock broker.
So what is the role of a stock broker? Why do you need to buy and sell shares through one? And how can you open an account with a stock broker?
Read on to find out…
What a stock broker does
If you want to invest in shares, the first thing you’ll need to do is open an account with a stock broker. You can’t do... ››› more
If you want to invest on the stock market, you can't just phone up the Johannesburg Stock Exchange and ask to buy some shares. You have to go through a stock broker.
A stock broker acts as the intermediary between you and the stock market.
So if you want to invest in shares, how can you find a stock broker? And how can you open an account?
Read on to find out…
How to find a stock ... ››› more
Until quite recently, if you wanted to buy or sell shares, you had to phone up your stockbroker and they would carry out your instructions for you.
Over the past decade, there's been a shift to online brokerage accounts. If you're up to speed with how the buying and selling of shares works, this could be a great way for you to manage your portfolio.
But with a number of different online stoc... ››› more
The traditional way of buying and selling shares involves phoning your stockbroker. But an online broker can prove to be a cheaper and easier way for many investors to trade.
So if you're thinking about opening an account with an online broker, what should you look at?
Let's take a closer look…
Choosing an online broker tip #1: Dealing commissions
This is an important aspect to pi... ››› more
If you want to broaden your investment horizons further than the Johannesburg Stock Exchange, you'll need to open an international stockbroking account.
By opening an offshore stockbroking account, you'll be able to buy shares on stock exchanges around the world, including the US and Europe.
So how can you open an international stockbroking account?
Read on to find out…
How to ope... ››› more
Without a stockbroker, you can't buy or sell shares. A stockbroker acts as the go between you and the stock exchange.
So if you don't have an account with a stockbroker, how do you go about picking one?
Read on to find out…
Step #1: Decide how you want to trade
You need to decide how you want to trade with your stockbroker. Do you want to do it all online? Or do you want the conve... ››› more
Once you've decided that you want to invest on the stock market, the next thing you need to do is find a stockbroker.
But why do you need a stockbroker?
How do you open an account?
And how do you go about buying and selling shares?
Read on to discover the answers to these questions and much more…
Here’s everything you need to know about dealing with a stockbroker
If you’ve d... ››› more
Once you've selected the broker you want to open an account with, the next stage is applying for your account. You will need a few different documents to prove your identity and, of course, some money to invest. Let's take a closer look at how you can open a stockbroking account…
To buy and sell shares on the stock market, you need to have an account with a stockbroker, Gareth Stokes in Fear, ... ››› more
Investing can be a great way of growing your money. There are a multitude of ways to invest according to different strategies out there. But regardless of what way you choose, there are certain things to avoid at all costs. If you make these mistakes buying and selling shares, you're sure to lose money…
Investing mistake #1: Don’t diversify enough
Diversification is one of the most well-kn... ››› more
When it comes to selling your shares, the money you can sell them for is very important. Think about a share sitting nicely in profit. You want to try and sell it for as much as you can. So how can you do that? By using sell limit orders. Read on to find out more…
Selling your shares
When selling shares, you can tell your stockbroker one of two things.
You can instruct your broker to sell... ››› more
It probably won't come as a surprise to you that stockbrokers are in the business to make money. When you buy and sell shares, your stockbroker makes sure he gets his share. So how does a stockbroker make money from you? And how can you work this out for yourself? Let's take a closer look…
A stockbroker makes his money in two ways
A stockbroker earns money from you as a client in two ways:
... ››› more
If you want to buy penny stocks, you need the services of a stockbroker. Buying shares in penny stocks is the same as buying shares in larger companies. So where do you start? How to you place an order to buy penny stocks? And what would you say to your stockbroker? Read on to find out more…
You need an account with a stockbroker
To buy penny stocks, the first thing you need to do is open... ››› more
You've done your research and have decided that you want to trade single stock futures. Before you can even think about putting a trade on, you need to have a trading account with a futures broker. If you already buy and sell shares through a stockbroker, there's a chance they may also provide this service. If not you're going to have to find one. Read on to find out how…
Trading futures w... ››› more
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