Doing Business in Mauritius
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Where can I buy shares here, and make profits?
Let me explain you my point of view.
There are two strategies making money with shares:
- (1) Short term Scheme (speculation): you can buy and sell the same day and your revenue/loss comes from the difference between purchase and selling prices.
- (2) Long Term scheme: You buy shares to except a high yield of dividend. There we are on the real value of buying a share because you trust a company and they will reward you for it! It's totally difference.
:) Then you can choose whether you're a business man or a business gentleman :)
If people knew which shares to buy to make profits, everybody would be doing it right? And it won't be profitable anymore.
You need to study the markets and understand how it works. There are many risks involved and it's difficult to tell where to invest your money. People are saying the tourism sector is booming, so you might start looking into buying shares in hotels/restaurants or any other things which tourists like.
You need to have a brokage account first. You can check on sem website for a list of available brokage compagnies. Your broker will buy shares for you. You need to do your research because buying shares is your decision
There are quite a few, and on the top of my head I can recommend you Associated Brokers Ltd, SBM Securities and MCB Stockbrokers. And as for how to make profits, I think those above have rightly answered your question.