how to invest in retail companies
First of all, what is an investment ?
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
What is a stock??
Investing in stocks means buying shares of ownership in a public company. Those shares are called stock. If a stock you own becomes more valuable, you could earn a profit if you decide to sell it to another investor. Most people invest in stocks online, through a brokerage account.
Investing in retail business
we don’t usually sit down and discuss the importance of investing for the future. You don’t need millions to become an investor, especially when it comes to the retail industry. One can start from as little as R1 investment, that’s how savvy retail investment is.
Examples of retail companies to invest in
- Shoprite holdings
- Pick n pay
- Choppies
- Mr Price Group
- Foschini Group
let me just mention only these 5 retail stores, because they are very popular and well known
How to create an investment portfolio
you can create an investment profile through platforms such as easyequities(just open your internet browser and search for easyequities). You can also use platforms such as JSE for your investment portfolio.
the account creation process is very and straightforward, very easy to understand.
once you start investing into this retail, u officially become a shareholder and will receive all the shareholders information as long as it involves your investment.
Do not limit your financial abilities, try other branches of finances and see what you can find