Invest at Shoprite From as Little as R20. Follow These 5 Steps

1. Download.
First you download the mobile app or an online platform which will enable you to invest/buy shares. The two apps are “Easy Equities” & “MoneyWeb”. Download one.

2. Sign up
Please fill in a physical address that you can actually be able to prove. You then complete all the necessary verification steps. The verification process may take up to a day or so, depending on the kind of app you have chosen.

3. Get knowledge.
The third step gets you close to the whole investing thing. you have to take time and be educated. I mean learn what investment & buying of shares really are. Understand what a share really is & how it really works. You have to fully get the relationship between your investment & the growth of the company you have invested in. Understand that the little you invest, the little you stand to gain or lose. Educating yourself will increase your chances of profit.

4. Practice, makes perfect.
You then make a demo account. You will use this account to train yourself & see if you’ve learned enough. Take this is some sort of a test before a major exam. try investing & buying shares, repeat this step until you master it. That’s when you will know you are ready, ready to invest using your real money. The while practice thing should atleast take 3weeks tops.

5. Make money.
Lastly but not least you link your banking details to the app, you deposit money and begin investing. Goodluck.