How do beginners invest in shares in South Africa?

How to Buy Stocks on the JSE – 4 Step Guide

  1. ☑️ Step 1: Find the Desired Share.
  2. ☑️ Step 2: Find a Broker.
  3. ☑️ Step 3: Set Up an Account.
  4. ☑️ Step 4: First JSE Purchase.

How much money do I need to buy shares in South Africa?

The minimum amount varies depending on the share or asset class you want to buy. For some Exchange Traded Funds (ETFs), the minimum is R300 a month or a one-off amount of R1 000.

Which share should a beginner buy?

Best stocks for beginners

  • Reliance Industries Limited. Reliance Industries stock. Reliance Industries Limited (RIL) is India’s largest private sector company.
  • Tata Consultancy Services. TCS stock.
  • HDFC Bank. HDFC Bank stock.
  • Hindustan Unilever Limited. HUL stock.
  • Maruti Suzuki India Limited. Maruti Suzuki stock.

Where can I invest with R100?

Where you can invest R100

  • EasyEquities. An online platform where you can buy shares in listed companies or fractional shares (part of a share) quickly and easily, at a low cost.
  • SatrixNow. The minimum investment amount for many ETFs and unit trust funds is over R250 a month.
  • Outvest.
  • Stash by Liberty.

Can I invest R500 at capitec?

When you download the new Capitec banking app and activate the EasyEquities widget, you’ll be able to invest securely from anywhere, at any time. You can start investing immediately from as little as R5 and, as a Capitec client, you’ll save 20% on the commission you would pay when you make an investment.

How do I invest my R500 in South Africa?

8 ways to invest R500 a month wisely

  1. Pay extra into your bond.
  2. Pay extra into your credit card.
  3. Opt for tax-free savings.
  4. Start a retirement annuity.
  5. Invest it in a unit trust.
  6. Exchange traded funds (ETF)
  7. Education fund.
  8. Save for a rainy day.