I want to do some analysis before I invest.As far as how much to invest, I would suggest only investing that money that you can invest in shares and not touch for five years or more.
It’s true that there are no guarantees in the stock market. But it’s not unusual to find stocks with 4% yields in Botswana. At the moment, none of them are explicitly socially responsible, but some invest less in mining and oil exploration than others.This idea of “paper losses” tempts some investors to hold on to shares that have dropped in value in a vain hope that the share price will recover even when the underlying company’s prospects look bleak.
(It’s written for US investors, but its main concepts are applicable to Botswana, too. Let’s assume your shares drop 20% in value. Stockbrokers Botswana Ltd is the leading securities house in Botswana. But I do strongly advise that you first pay off any high-interest debt and save up an emergency fund in the bank. My question is how many shares roughly can I get from them for that precise amount of money?In order to buy shares you will need to open a trading account with a stockbroker.
The problem is that it might become expensive wiring money to Gaborone. In fact, the only requirement is that you have sufficient funds to pay for 100 shares of stock. Africa has one of the world’s biggest unbanked populations, a large proportion of which is made up of farmers living in inaccessible rural areas. Should give up or i do more research on them and learn more about them.
Provider of financial market data, news, analysis and research with a focus on Africa. You’d be better off saving up $2000 and then wiring it to Bots.Hi Ryan, I would like to know whether it is better to invest in shares or to invest in bonds and why?Is it possible to do all the above steps online or i have to visit my stock brokers office to do all that.The market will not compel you to sell. Even individuals in rural communities can now invest without first going to a bank.“There is a need to continuously push for educating the sector so that it is able to catch up with innovations round the world.”“There is a need to continuously push for educating the sector so that it is able to catch up with innovations around the world. Sent daily at 4pm Eastern time after markets close.
I have seen that there is not very much trading going on compared to big markets. It is governed by the Botswana Stock Exchange Act.. Most shares also pay out a small dividend.
On average, however, stock markets have been the best place to invest money over the long-term.I hope this helps, and stay tuned. Keep me posted on how things work out for you!I learnt everything i needed to knw just by reading the thread of comments and id like to thank you Mr. Ryan…Note that, like Zimbabwe, Botswana levies a 15% withholding tax on dividends.
But it wouldn’t be wise to spend $40/month to wire P800 to Botswana each month.
See more of Botswana Stock Exchange Limited on Facebook. After you purchase the shares, no further investment is required.Let’s assume you wish to buy shares of Letshego. This is not motivating at all for a starter like me. So to determine how many shares you can buy, you divide P42,660 by P2.30. Forgot account? I would try Scottrade, ETrade, or TDAmeritrade.Here’s an article that walks you through buying shares on the JSE step by step.Hey Ryan im curious about investing and ill like to know more bout it.Can you invest for a short time just to get profit for your investment moneyinteresting would love to receive your mail regular basisThe only real requirement is that you follow the steps in the article above.How do i start buyin shares.
How does a fall of share price result in loss and can you lose without selling?I would like to know if mutual funds and treasury funds are traded on the BSE?Is it possible to buy shares at any time of the year? Will I always find a counterparty that is willing to trade? Deduct this and you are left with P42,660 available for the purchase of shares.Is there something like an index fund whereby I can invest in the whole exchange at once or a least a good number of companies?Thanks so much, Rithu. )One copy of your passport will be kept on file by your broker.
!I followed up one of the links above and it directed me to the botswana stock exchange table analysis of shares and my problem is that is not easy for me to interpret the table please help!! And how to way my risks while investing in shares.After that, you should be good to go and ready to buy shares!Adding a set amount (like P800 every month) is a good strategy. If you have any interest-bearing debts to pay, I’d advise paying them off first before investing in the stock market.I am more interested in bonds than shares so what i want to know is if maybe i save P10 000 for 6 years roughly how much interest will i make?Hi Ryan, i want to say thank you for the article and your responses to the various Questions.
The Botswana Stock Exchange (BSE) is Botswana’s sole stock exchange given the responsibility to operate and regulate the securities market. Here’s a list of licensed brokers in Botswana:You have discovered the art of investing, Merapelo.