Whats the best way to start using Easy Equities?

[airborne]

I've been meaning to start a little bit of investing/playing the market on the EasyEquities platform, small money at this point.

The stockmarket is a big place and a bit of a wild west, what's the best way to start, maybe recommend a type of share or market segment to buy that I can start the ball rolling with, or a strategy to use to pick a few?

And if anyone has any tips to keep in mind/pitfalls when using EasyEquities, maybe regarding the trading fees/charges etc

 

[Mr Scratch]

https://justonelap.com/

 

[airborne]

https://justonelap.com/

Is that a competing platform?
If it is the same questions I asked still apply.

 

[Mr Scratch]

Is that a competing platform?
If it is the same questions I asked still apply.

Open the link, it's full of great info.

 

[supersunbird]

https://www.moneyweb.co.za/moneyweb-radio/stock-investing-101-how-to-get-started/

Nice recent article.

Can also listen to the podcast at the top if you don't want to read.

 

[Idiosyncratic]

I've been meaning to start a little bit of investing/playing the market on the EasyEquities platform, small money at this point.

The stockmarket is a big place and a bit of a wild west, what's the best way to start, maybe recommend a type of share or market segment to buy that I can start the ball rolling with, or a strategy to use to pick a few?

And if anyone has any tips to keep in mind/pitfalls when using EasyEquities, maybe regarding the trading fees/charges etc

Aren't you anti-capitalism?

/jk

 

[SauRoNZA]

If you are unsure what to choose but want to start putting something away on the principle of something saved is Better than nothing saved at all then I would go for the basket options.

Then your only real choice is to figure out if this is for a longterm goal and should go into your TFSA or more short term and should stick to your regular equities account.

 

[raeesdawood]

I've been meaning to start a little bit of investing/playing the market on the EasyEquities platform, small money at this point.

The stockmarket is a big place and a bit of a wild west, what's the best way to start, maybe recommend a type of share or market segment to buy that I can start the ball rolling with, or a strategy to use to pick a few?

And if anyone has any tips to keep in mind/pitfalls when using EasyEquities, maybe regarding the trading fees/charges etc

Just remember if u are planning to take a TFSA you should try to keep that for long term savings.

Reason TFSA is limited to 33k a year and 500k for your life time

Easy equities is pretty easy
You sign up send your documents for fica
Then buy shares with your linked bank account
Log in daily to see how your shares are doing

 

[saturnz]

I would go long on platinum at this stage, at $900-920 its ridiculously cheap.

Otherwise the best way to start trading any financial asset is to start absorbing information, news, current affairs, finance theory etc

 

[airborne]

Thanks for the advice this far, if I do a funds deposit using credit card is the transaction seen as a payment or cash withdrawal by my Credit card?

 

[Unhappy438]

Thanks for the advice this far, if I do a funds deposit using credit card is the transaction seen as a payment or cash withdrawal by my Credit card?

If you can do a transfer, that way you wont incur costs.

 

[Magandroid]

I've been meaning to start a little bit of investing/playing the market on the EasyEquities platform, small money at this point.

The stockmarket is a big place and a bit of a wild west, what's the best way to start, maybe recommend a type of share or market segment to buy that I can start the ball rolling with, or a strategy to use to pick a few?

And if anyone has any tips to keep in mind/pitfalls when using EasyEquities, maybe regarding the trading fees/charges etc

1) Read through this thread https://mybroadband.co.za/vb/showthread.php/874696-Newbie-needs-help-Shares?highlight=newbie+shares
2) Get Thor187's recently published E-book, it was extremely helpful.

 

[airborne]

Thor's ebook
Where do I find it?

 

[Magandroid]

Thor's ebook
Where do I find it?

On the Platinumwealth website but read through the thread.