Trading Shares Online

20 July 2010 - Which Way To Pay

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Trading Shares Online

 

You donít have to be a professional broker or dealer to invest in the stock market.  Almost anyone can open an account online and buy and sell shares.

 

Before you get started, it is important to work out some basics about investing Ė including:

 

-          What markets do you want to invest in?

-          What is your knowledge of the market/investment type?

-          How much money do you want to invest?

-          How much money would you ideally like to make (and by when)?

-          How much time do you have to dedicate to your investments?

 

To invest in the stock market, you can do it in two main ways Ė

 

-          Either you can trade shares by buying and selling shares frequently, up to several times a day

 

-          Or you can buy share and hold them for a longer period of time. 

 

The second option is often favored by new investors, but it is wise to seek independent financial advice to work out which one suits you best.

 

Online share dealing is fast-paced and requires a certain amount of your time and attention.  You can open a share dealing platform with one of many specialist brokerage firms in Australia. 

 

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