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Menampilkan postingan dari Juli, 2023

Investing in the Stock Market on a Shoestring

  Investing in the share market has never been as easy as it is today thanks to share market platforms where mum and dad investors can invest as little as $10 at a time. Compare that to investing through a share broker where fees make this uneconomic unless you are able to invest a few thousand dollars at a time. Problem with this is that unless one had tens of thousands of dollars to invest then diversification where money is invested in a variety of companies is out of the question. The solution to this is mutual funds, often called managed funds where your money is pooled with those of other investors. The fund manager invests on your behalf. The advantage of this for the ordinary man and woman is that the fund manager who has experience in the financial markets is working on your behalf for a minimal fee. Your money is invested in a variety of companies and industries in order to minimize risk. Wealth, and Invest Now Sharesies is a popular trading platform in New Zealand but is cer