The
best way to learn about shares is paper trading for a period of 3-6 months before
you buy your first parcel of shares. A new website StockWatch.com.au
has made this process easy. The
best way to learn about shares is paper trading for a period of 3-6 months before
you buy your first parcel of shares. A new website StockWatch.com.au
has made this process easy.
> Play the share trading game
> ASX share market simulator - near real time quotes
> Keep track of your stocks & equities
> Practice new investment strategies with zero risk
> Extensive tools, up-coming dividends, stop stocks
Play the game, learn about investing and see how you stack up compared to other members and friends – it’s all FREE!
Most people I know who are not familiar with the share market consider it as gambling or conjures image of people losing their life savings.
Owning shares makes you a partial owner of a company. So when they complain about how banks are greedy money suckers, I tell them if you buy their share you will get some of the profits.
It's simple. Say you were to buy National Australia Bank (NAB) shares; you are literally partial owner of the company. Many people don't seem to understand that when I tell them, it's as they cannot believe this is true.
To buy shares you need a broker! This can be a person or it could be an online broker. There are advantages and disadvantages to both.
Electronic transaction is now very common in Australia, online brokers such as Comsec or etrade provides an efficient and fast method for buying and selling shares.