I know when I am writing the post, the New Zealand economy is on a roller coaster. The country is still in lock-down, people losing job or the working hours are minimized because of this difficult situation. Small business are facing uncertainty.
But the reality is, though the economy is in free fall, not all business are doing bad. Actually, some are doing better during this situation like the food industry, Information Technology (you must have heard about the Zoom app) and some retail businesses. So, if you want to a good return of your money, you need to think wisely and invest accordingly.
Now, the question comes, how to invest your hard earned money to those business or big companies in New Zealand. The answer is simple – by buying shares of those companies.
If you are not familiar with Share Trading in Stock Market, I am going to show you step by step simple procedure through which you can easily buy/sell share with minimum knowledge and you can do it straight away.
Sharesies is a great platform through which you can buy/sell shares and this is very easy to do online.
How to Trade Share in New Zealand Stock Market?
- At first please click here to Sign up for your account.
- Once you click the above link, you will be redirected to a page like below where you need to enter your name and email address to sign up for your account.
- Now once you sign up for your account, you will have to top up your account with money to start trading shares.
- You can top up your account either by using credit card or by internet banking. Please be noted that if you use your credit/debit card, the account will refill straight away but there is a small fee for that . But for internet banking though there is a small delay, there is no charge for that. So, if you are not in a hurry, you can easily use your internet banking to top up your account.
- Now, as you have money to invest in your account now, please go to option Invest and then either click on Companies to choose your company that you want to invest. If you click on individual companies, it will further show you details regarding the company and also the history since the last 5 years (the price of share).
- You will have to use your business mind to invest on Shares while buying or selling those. But I suggest and advise, please start with a small amount and please invest in multiple companies. So, as you can see from the steps above, this is very easy to trade share in New Zealand stock market. Happy trading! 🙂