Before you start investing your money to buy stocks at the stock market, there are things that you should know to guide you and help you maximize the gain and see to it that you are in safe and gaining. Because there are also risk in buying stocks, we should let you know some very important reminders.
Here they are, read slowly and absorb it quickly;
- Requirements for investment.
You must have the minimum amount required by the broker and the minimum requirement of the company whose stocks you want to buy. An example for instance, an established fast food chain, the minimum number of share that you can buy from it is 15 shares, at a cost of P85 per share. Meanwhile the lowest amount required by your broker is around P5,000. So you would have to buy 60 shares of that company to reach your broker's minimum investment. (60 shares x P85/share = P5,100)
- Means to multiply your investment.