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Nairaland Forum / Wealthmag's Profile / Wealthmag's Posts
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hi webpro, stock market is a place where securities of public quoted companies are traded. as an investor, i will say it is a place where your money works for you. you see, in our life's endeavour, we work, sells e.t.c. to add to what we already have, stock market is a chanell of investment that multiplies to what we have. HOW DO STOCK MARKET WORKS: stock market works by allowing members of the public to buy and sells shares of public quoted companies in the exchange. you can buy through the primary market, i.e. through companies selling to the public in the form of public offers or private placement. in this cae you will not pay commision to anybody. you can also buy through the secondary market, that means you will go through a stock broker. in this case you will have to pay a commision. however, i will say that stock market is an information driven market. in stock market, information is mors valuable that money. to see what i mean, somebody with only N15,000 can make millions in the stock market, whereas somebody with N1,000,000 can lose more that half of that money. so, you need to educate yourself about stock market. no amount spent is a waste. no knowledge is a waste and education is supposed to be an ongoing excise. for more detailed information and assistance, you can check my blogsite; www.wealthmag08..com |
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friend, you are fortunate to have some money to invest, because now is the best time to invest. The stocks you listed are good now. UBA was marked down due to script issue, but there is stong hope it will pick up as soon as the bearish trend begins to fizzle out. Same thing with warpic. But left to me i will go for ACCESS in place of UBA. In any case you are lucky to have some money now. peter. |
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