The Personal Finance series with Warren Ingram, Evergreen Content

How to trade shares on the stock exchange (an absolute beginner’s guide)

One of the most frequently asked questions by listeners of Bruce Whitfield’s The Money Show relates to trading shares on the stock market.

Typically, she or he will ask:

  • I would like to trade on the market. However, I have no idea how is it done - or how to go about.

Whitfield put the question to Galileo Capital Personal Financial Advisor Warren Ingram.

Listen to his answer in the audio below (and/or scroll down for quotes from it).

You’re going to make an incredible amount of mistakes… Limit the impact of them…

Warren Ingram, Galileo Capital

Do it with a small amount of money you can totally afford to lose…

Warren Ingram, Galileo Capital

Don’t go to a place that charges R150 per transaction… Look for companies that are prepared to trade at a low cost…

Warren Ingram, Galileo Capital

You can’t just buy one share… because, unfortunately, that one share might be Steinhoff… spread out your investments…

Warren Ingram, Galileo Capital

You have to do a large amount of homework… Spread the workload… There are investment forums… You need to read a lot… Read the companies’ annual reports… If you’re not going to do that; use the stock broking account to buy Exchange Traded Funds…

Warren Ingram, Galileo Capital

Only make five investment decisions per year… You’ll win if you transact less… You need to look at this stuff [only] once a month… Buy with the view of never selling…

Warren Ingram, Galileo Capital

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How to trade shares on the stock exchange (an absolute beginner’s guide)


Recommended

by NEWSROOM AI
Read More
A compelling argument for using SA's pension funds to build infrastructure

A compelling argument for using SA's pension funds to build infrastructure

Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.

5 highlights from scathing Nugent report into self-imposed dysfunction at Sars

5 highlights from scathing Nugent report into self-imposed dysfunction at Sars

Taxpayer? You may want to check this out. Bruce Whitfield interviews Pieter du Toit, Assistant Editor of In-depth News at News24.

How flavour created the modern economy

How flavour created the modern economy

A look at how our desire for spice changed the world and how it continues to do so.

Dis-Chem gains market share, increases profits (to open a new store each month)

Dis-Chem gains market share, increases profits (to open a new store each month)

The Money Show’s Bruce Whitfield interviews Rui Morais, CFO at Dis-Chem Pharmacies.

'Sars eFiling is stable, at the moment'

'Sars eFiling is stable, at the moment'

Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.

Canada becomes the 1st large, rich nation to legalise recreational use of dagga

Canada becomes the 1st large, rich nation to legalise recreational use of dagga

The aim is to take profits away from criminals and to regulate a product that millions of Canadians consume illegally anyway.

Popular articles
Pieter du Toit on VBS, Malema's EFF and contradicting ethics

Pieter du Toit on VBS, Malema's EFF and contradicting ethics

Malema has accused the rogue unit of still being operational and Pravin Gordhan of working in the background against the EFF.

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Zondi tells court that she had to 'look happy' in church out of fear for Omotoso

Cheryl Zondi is testifying against Pastor Timothy Omotoso who is accused of rape and human trafficking in his Durban church.

[WATCH] A golden buzzer for South African trio on talent show

[WATCH] A golden buzzer for South African trio on talent show

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

'The EFF seems to be trying to find scapegoats'

'The EFF seems to be trying to find scapegoats'

Deputy Editor at Financial Mail, Sikhonathi Mantshantsha, seems to be finding excuses as to why its leaders are in trouble.

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

'Clicks false-positive pregnancy tests causes a lot of heartbreak'

Some of the women who used these tests shared their heartbreaking stories with Business Insider Online.

What on earth happened to Cool Kids Cab?

What on earth happened to Cool Kids Cab?

Cool Kids Cab is a company that provides reliable and safe transport for children to and from school.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.