Where can I buy shares here, and make profits?

Posted by
2.5K views
11 replies
6 users
Khush_Mendossa
J
legend
moricien
sarah_7
1

11 Replies

J
Julien_MvM Level 1
Think it's always a question of time and time mean money and risk.
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 :)

Cheers,

Julien
1 Reply
Khush_Mendossa
Khush_Mendossa Level 3
Nice answer. But where, and what are the conditions to buy these?
moricien
moricien Level 2
If you're financially wise, you'll know where its best to buy shares and make profits. But if you're not, then don't get into this, you'll go bankrupt :)
1 Reply
Khush_Mendossa
Khush_Mendossa Level 3
This is why I asked this question.
That's a million dollar question, lol.

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.
1 Reply
Khush_Mendossa
Khush_Mendossa Level 3
Where can I buy those shares?
J
Julien_MvM Level 1
By the way, we still don't know where to purchase those shares? which bank? I may have some strategies for long term, but short term I'm afraid I'm not that much informed about inner situation over top 50 mauritian companies! Is there any place we can learn?
Khush_Mendossa
Khush_Mendossa Level 3
Can someone explain to me on CleverDodo the whole system of shares in Mauritius?
sarah_7
sarah_7 Level 2

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

legend
legend Level 1
If you want to trade then you need to create an account with a stock broker agency. These brokers are the ones licensed to trade on the stock exchange; they act as the middleman between you and the company in which you want to invest. As such, you as an individual you're not actually allowed to trade on the market.

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.
Khush_Mendossa
Khush_Mendossa Level 3
Thank you nice info. Have you bought shares at the places you recommended me? If yes which one was more profitable?
Have something to say?
Ask a Question