places like Standard Bank now offers an option to their clients
where you can sign a debit order for R500 per month and then they
will buy you shares each month.
ago I tried to make money from shares. I failed to make money
because I was not ready for it. I did not understand money yet
and I did not understand the full picture of creating wealth through
years ago I only saw the buy and sell option. I was doing this on
a short term basis because I wanted to earn a quick buck.
I realize that the healthy dividends some companies offer is worth
more to me than the short term gains from buying and selling shares.
I still do trade shares on a short term basis to make some profit.
But now I use that profit to buy shares which can offer a good dividend.
This dividend is a passive income. This is the type of income that
can be paid to you for years on end, even if you stopped working.
you want to trade your own shares I would recommend PSG
Bank. I am using both their platforms. I find that the Standard
bank offers the most information and tools.
started off with PSG
8 years ago but lately switched to Standard Bank because their brokerage
fee is much lower, you get much more information and tools included
in your monthly fee, you get a lot of free share courses to attend
and it is very easy a quick to transfer money from my Standard Bank
cheque account to my share account and back.
bought ShareTrackin software a while ago which I do not think was
a good buy at all. Most of the information and recommendations you
get as part of the package you can get inside the Standard Bank
online trading platform as part of your service.
you buy any share tracking software or pay thousands for any share
courses, you can try the Standard bank service first. If you do
not get what you need there, then you can spend more money by paying
others for a course or software. See http://securities.standardbank.co.za/
. (Gee Wiz, if anybody knows how I can get Standard Bank to pay
me for that brilliant line, please let me know, I should get paid
I love PSG's Stock Picker service which sends you recommendations
on shares. Click
here for details PSG can do it all for you. They can help you
with an online trading account. If you prefer a real broker, they
can help you with that. They offer excellent advice and help. I
see them as a one stop solution.