Zimbabwe Stock Exchange (ZSE) Live

chelsea
Feb 7, 2017 09:31 GMT

am a teenage currently doing my upper six and am so eager to invest .......so my question is what can I do .....n also am lacking the perfect mentor ,in stock investing

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1. John
   Jun 21, 2018 09:59 GMT

   Register to use a free web site ( e.g. Interative Investor - www.ii.co.uk ) and create yourself a virtual portfolio of at most 20 stocks, some big companies, some medium & some small capital (AIM), (e.g. FDI, ZIOC, GKP). You must not try and manage investments in more companies than you can properly research and understand their business (why the make money, or not). What out for companies which only really pass investments to the directors, those that don't look after their shareholders very well.

   Do research on why share prices rise and fall, what happens if a company takes on too much debt, if commodity prices fall, etc. Try and understand company balance sheets, profit & loss, difference between capital investment (with depreciation) and normal operating expenses, how share equity works, etc. Look at Bid/Ask spreads, trading volumes, No. of shares outstanding (equity in market), Market Capital (= No. of shares x share price), Earnings Per Share (EPS), etc.

   Pretend to buy sell shares, use a spreadsheet to record your transactions, Company name (or symbol), no. shares sold/bought, share price, money paid/returned, etc. and update your portfolio accordingly to add/remove companies, change share holdings,... you will find it easy to lose money (buying wrong stocks - watch for "rampers" and false news; selling too early as stocks rise in share price; buying too late as stocks jump up; selling too late or buying too early when shares drop on bad news or "rampers" sell quickly or "shorts" are loaded in by people expecting bad news.

   Make it a project, 1 hour a week to review your portfolio and make paper transactions - use real prices with no actual spend. Set yourself realistic targets, report how you go and keep records as you learn. Don't be frustrated if you gain or lose a lot of money; this is a learning curve. Better to have your 90% losses in a WATCH list than real...

   Always start small with real money... try to let your "winners" with good prospects ride. Sell rapidly if things go wrong with little hope of recovery. Look for lows to buy & peaks to sell... Day trading is for "experts" - try it, but very difficult to make money without continuous attention.

   Good luck - always needed in investment...

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2. Desmond
   Jun 12, 2018 08:37 GMT

   first, equip yourself with proper and adequate knowledge and start small

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Margie
Dec 18, 2017 15:48 GMT

I bought ariston shares years back and i totally forgot about them till recently when i started receiving annual reports and proxies.My question is how come I never used to receive dividends for this while,is it always that you do not get them?Also how do i check for the current share value?

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1. Badu
   Dec 18, 2017 17:08 GMT

   Share prices are right up there in the table above. Ariston haven't paid dividends in a long time. In fact I don't remember when they last paid. They are having serious working capital constraints.

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2. Shaun
   May 20, 2018 11:37 GMT

   Zimbabwe only started paying dividends from 2009 due to no FC being available, i received help from zimpensions@gmail.com

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Delron Magwenzi
Mar 4, 2018 15:45 GMT

how can i actually buy some shares because i think im ready for it

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1. Unique Mashandure
   Apr 30, 2018 12:19 GMT

   You firstly need to open an account at any stock broking firm of your choice and then deposit there minimum amount in your bank account to start trading.

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Engineer Dee
Jan 22, 2018 08:21 GMT

I like this whole thing, but I dont perfectly understand it. I think the basic concept is to buy shares you anticipate will gain value, then either sell or keep them as they accumulate more value. The greatest risk is to buy shares for a company with high values (like B.A.T); the probability of value fall is higher than its further increase. The share value accumulated steadily from around $10 in 2015/6 to $30 this year. If someone wana help me know more, you are free!

Thanks

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1. Michael Kwayisi
   Jan 22, 2018 21:22 GMT

   What you've described is called capital gain, and it's one way to profit from the market. The other is dividend, which is a share of the profits gained by the company you're invested in. So even if the price does not increase in value but the company makes profit and so pays dividends, you'll profit as well. But of course, in efficient markets, the stock price movements correlate with the performance of the underlying company.

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