Become Your Own Stockbroker – A Practical Guide to Trading in South Africa (Paperback)
Second hand product in excellent condition
How does the average person become his or her own stockbroker? Interest in the stock market has grown considerably, and what was previously the domain of the rich is now accessible to everyone. This demand, in conjunction with the advances made in trading technology, allowing one to trade on the internet, has opened up the markets. Everyone can own stocks, and they can do so without the help of a broker. But most people don’t truly understand shares, or how to trade them. Too many potential investors rely on the advice of friends and so-called experts. In order to accumulate wealth on the stock market, it is imperative that the investor is both educated and knowledgeable – you have to understand where you are putting your money. This title focuses on two main issues: information and risk, set out in easy-to-understand chapters. It explains what a stock is, outlines the different types of securities, advises on required equipment and software for trading, and explores how securities are traded, what causes prices to change, and how investors set up strategies to buy and sell stocks. This title will give you a simple, unambiguous method not only for picking winning stocks, but also for managing your portfolio both in the short and long term.