How to investing in the stock market
Stock market is one of the ways of making money from the Internet today which involves the burying of company shares and reselling it back when the value goes up from the initial price.
Over the years a good number of folks have built generational wealth from the investment that they made with the stock market which is why more people are interested in the stock investment.
How to investing in the stock market
- Open an investing account
Opening of an investment account is very easy you can do this by visiting any stock brokage firm or by downloading any of the investing fintech application that is available in your country you will have to make sure you sign up with your legal name and please make sure to use your verifiable details like your address and BVN so that your account will be properly set. However you will have to wait for a couple of days for your Account to be ready depending on the application that you’re using.
- Fund your account
This can be done with the use of debit card or bank transfer but I personally prefer the bank transfer option because it gives me the opportunity to pay lesser transaction fees compared to the use of debit card.
- Search for the company you’re interested in
It’s advisable to consider consulting a financial adviser or making a good research before deciding which company to invest with. From here you can head over to the company of choice and click BUY.
READ ALSO: 8 Low interest Loan App in Nigeria 2024
If you’re investing in the Nigerian Stock market you can go ahead since you funded you account in Naira but if you’re investing in the US stock market you will have to convert your Naira to dollars within the App that way you don’t have to worry about where to get dollars for your investment.
