: He was thrilled to find that some platforms allowed fractional share investing , meaning he could buy R100 worth of a share even if the full share price was R1,000. Step 2: The FICA Hurdle
: Instead of picking one company, he bought a "basket" of the 40 largest companies on the exchange, giving him instant diversification. buying shares on jse
Thabo had always heard his colleagues talk about "the market," but it felt like a club he wasn't invited to. One morning, while scrolling through financial news on News24 Business , he saw that the JSE All Share index was experiencing its biggest slump since 2008 due to global tensions. While others were panicked, Thabo remembered an old saying: "Buy when there's blood in the streets." He realized he didn't need to be a millionaire to start; he just needed a plan. Step 1: Finding a Gateway : He was thrilled to find that some
: He typed in R500 , selected a Market Order to buy immediately at the best available price, and hit "Confirm." The Long Game One morning, while scrolling through financial news on