Vodacom to launch e-commerce 'super-app' in partnership with Alibaba
World’s largest refrigerated cargo ship in SA to transport record citrus exports
Construction mafia blamed for bringing projects worth R27bn to a halt
ANC to oppose Ace Magashule's court bid to have suspension lifted
ARMS DEAL TRIAL: Zuma lawyers want prosecutor Billy Downer removed
Magashule says ANC instruction is unlawful, 'unenforceable'
Brewing giant Heineken going after majority stake in Distell (Savanna, Amarula)
Vodacom increases dividend as South Africans' hunger for data grows
I like to save. I don’t buy new cars – Rob Rose (Financial Mail)
Women share sweet gestures left in unlikely place by their partners go viral
WATCH: Luxury car owner takes pictures of a delivery guy posing with the car
Invest in precious metals such as gold – a guide for South Africans
The Chiefs family is much bigger than the Motaung family - Jessica Motaung
Supporters deliver memorandum to Kaizer Chiefs
[WATCH] José Mourinho offers one-on-one 'confidence coaching' in Sanlam campaign
Kgomotso Christopher takes over the 702 music playlist
Market Theatre celebrates in style with Coloratura – the virtuosity of opera
WATCH: Boston journalist finds stolen dog while reporting on the case
Gqeberha-born billionaire commits R3bn to producing vaccines in SA
'SA condemns actions of Israeli security forces against Palestine civilians'
Share swop deal for JSE giant Naspers and subsidiary Prosus 'will affect us all'
A humanitarian tragedy is playing itself out in Mozambique - and help is needed!
African voices: Tech entrepreneur launches continent's first audio library app
'A Nigerian bank pounced on SA bank! We're used to things the other way around'
How to buy your very first share – even if you have mere cents to invest
How much money do you need to start investing?
A lot of companies have minimum amounts that are prohibitive for investors of small sums of money.
One company that makes investing accessible is EasyEquities.
It has no minimum investment amounts and claims to have the lowest fees in South Africa.
Related articles:
-
How to buy your first share (even if you only have R50, or less)
-
Investing in shares just got easier and WAY cheaper. Got R10?
The Money Show’s Bruce Whitfield interviewed Charles Savage, CEO at Purple Group Limited, owner of EasyEquities.
Minimums exclude about 95% of the market. We needed to abandon them…
Charles Savage, CEO - Purple Group Limited
You’ve got to invest a minimum of 15% of your income… if you’re in your 20s… If you’re old, then 15% won’t cut it… The longer you’ve got the less you need. Compound interest will deliver extraordinary results over time…
Charles Savage, CEO - Purple Group Limited
The key to getting started is to get started! … If you don’t understand anything… make a small investment… as you learn more, you can ratchet it up…
Charles Savage, CEO - Purple Group Limited
You can buy R1 of a stock [on EasyEquities]. The minimum is one cent! … R5 is half the price of a Coke! …
Charles Savage, CEO - Purple Group Limited
My youngest daughter is 12. She started investing using EasyEquities when she was 6… She talks intelligently about investing and the stocks she owns… She owns R5 or this and R10 of that… These kids are going to be wealthy beyond their wildest dreams!
Charles Savage, CEO - Purple Group Limited
My kids are savers, not spenders. In fact, they’re investors… When they get R10, they’re thinking about how to invest half of it…
Charles Savage, CEO - Purple Group Limited
For more detail, listen to the interview in the audio below [skip to 8:32 for specifics about EasyEquities].
This article first appeared on CapeTalk : How to buy your very first share – even if you have mere cents to invest
Copyright : Free for commercial use. No attribution required.Source : https://pixabay.com/photos/money-profit-finance-business-2696228/
More from MyMoney Online
Invest in precious metals such as gold – a guide for South Africans
Bruce Whitfield interviews Dr Zoltan Erdey, author of "Going for Gold: The South African's Guide to Investing in Precious Metals".
Read More
Berkshire Hathaway AGM: 'I will not hold BH shares'
The Money Show’s Bruce Whitfield asks Paul Theron (MD at Vestact Asset Management) for an analysis of Berkshire Hathaway's AGM.
Read More
Got a great idea for a side hustle? How to stop procrastinating
Perfection is your enemy, and habits are your friends, says serial entrepreneur and side hustle coach Nic Haralambous.
Read More
'Electric cars are here to stay', but South Africans aren't buying them
Does it make financial sense to buy an electric car? The Money Show’s Bruce Whitfield interviews car expert Warren Tucker.
Read More
Should you invest in a Retirement Annuity - or something else?
The Money Show’s Bruce Whitfield interviews personal finance expert Warren Ingram (Galileo Capital).
Read More
'Having a car loan works against you when applying for a home loan'
Considering a car loan? You may want to think again. Africa Melane interviews financial planner Gerald Mwandiambira.
Read More
Give your child the best education you can afford – here’s how to invest
Personal finance advisor Warren Ingram on how to save and invest for your child’s future education.
Read More
How to think like a billionaire - it's how you too can be wealthy
Bruce Whitfield interviews Daniel Strauss, author of The Billionaire Mindset: Secrets of a Successful South African Entrepreneur.
Read More
Absa closes its money market unit trust for good – here’s what that means
The Money Show’s Bruce Whitfield asks Denker Portfolio Manager Kokkie Kooyman what it means for the industry.
Read More
'Affordable' classic car market (e.g. VW Beetle) is booming in South Africa
"Affordable classics have grown for the last seven years – even last year," says John Tallodi of Classic Car Passion South Africa.
Read MoreMore from The Science Of ...
Car insurance from R180 per month – and you don’t pay if you don’t drive
Meet Alex Thomson of Naked Insurance, a high-tech company with vastly lower operating costs than most traditional insurers.
Read More
How Stellenbosch became a breeding ground for Afrikaner billionaire businessmen
The Money Show's Bruce Whitfield interviews Pieter du Toit, author of "The Stellenbosch Mafia: Inside the Billionaires' Club".
Read More
Unsure where you stand on NHI? Experts slug it out in an emotional debate…
The Money Show's Bruce Whitfield hosts a debate on NHI between Paul Theron (Vestact) and Russell Rensburg (Wits).
Read More
How to quit your job so you can follow your dream
Ever dreamt of just doing it? You may want a few pointers from someone who did. Meet Callan Williamson of Tortilla Modern Mexican.
Read More
This fund (SA SME Fund) worth R1.2 billion wants to help black businesses grow
The Money Show’s Bruce Whitfield interviews Ketso Gordhan, CEO at SA SME Fund.
Read More
Happy 100th birthday, Landbouweekblad!
Bruce Whitfield interviews Chris Burgess, Editor-in-chief at Landbouweekblad, South Africa’s legendary magazine about farming.
Read More
The story of Marcel’s 'better than sex' frozen yoghurt
The Money Show’s Bruce Whitfield interviews Nicole Westwig, Managing Director at Marcel's.
Read More
How to stop them from stealing your idea (by Ubuntu Baba's lawyer)
The Money Show’s Bruce Whitfield interviews Andrew Papadopoulos, Trade Mark Attorney at KISCH IP.
Read More
Take a look inside BMW South Africa’s high-tech X3 producing factory
The Rosslyn plant makes 15 BMW X3 SUVs per hour for export around the world. Bruce Whitfield interviews BMW SA's, Tim Abbott.
Read More
Robots made in our image are requiring less and less human intervention to learn
The Money Show’s Bruce Whitfield interviews Jared Molko, a former employee at Google.
Read MoreMore from Personal Finance with Warren Ingram
The rand is on a roll - should you stop, or start, sending money offshore?
Personal finance expert Warren Ingram has sound advice on the timing of offshore investment decisions.
Read More
What to consider if you want to leave money to your children
Valuable tips on ensuring an inheritance for your kids and educating them about money from personal finance expert Warren Ingram.
Read More
Should you invest in a Retirement Annuity - or something else?
The Money Show’s Bruce Whitfield interviews personal finance expert Warren Ingram (Galileo Capital).
Read More
Give your child the best education you can afford – here’s how to invest
Personal finance advisor Warren Ingram on how to save and invest for your child’s future education.
Read More
The JSE is near record highs – while the economy crashes and burns
The JSE is near record levels; what are investors smoking? Personal finance advisor Warren Ingram explains the disconnect.
Read More
[EXPLAINER] Tax Free Savings Accounts vs Retirement Annuities 101
"Both are long-term savings vehicles with certain tax advantages," explains Michael Kirkpatrick of Alexander Forbes.
Read More
Economy in 2021: 'Expect a better year for South African assets'
An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.
Read More
Retirement funds in SA are changing – new laws come into effect on 1 March 2021
Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.
Read More
Buying a new car may be possible – even if you can’t afford the monthly payments
Need new wheels? WesBank’s Lebogang Goaaketse discusses a popular method for making repayments more affordable.
Read More
Make your retirement savings last longer
Personal finance advisor Warren Ingram on ensuring you don’t run out of money before you run out of life.
Read More
Highlights