How do I get started investing?
Most would say the stock market is only for the experienced investor who has the time and resources to invest their money.
With just the right knowledge and the right combination of motivation and skills, you can make a good start and even make money. However, if you’re not brave enough to try, it will be hard to catch up. You have to get into it!
There is the main method to follow in order to start investing. It’s different for every investment. But one common rule is that your investing time period must be very long. If it’s only one year, you can start with PSC shares. These are stocks the members of shareholders can’t buy.
However, you can still buy PSC shares via phone, the internet, or if you find them on a third-party site. The only way you can invest in PSC shares is via a third-party platform like Currency and Exchangefinder. Click the links below to find out more information.
The easiest way to invest in PSC is through a company called Currency. You must complete a PSC investment form to get around the high fees charged by the third-party platforms. For example, Currency charges $5.00 to $10.00 per share depending on which platform you choose.
The fee you pay goes to the platform fee, and it is split up to go towards an investment manager to manage your investment. Other platforms charge a variety of different fees. Currency says its research team, recruited with the help of the community, is “always on the lookout for great investment opportunities”.
Also, you can buy PSC shares through an exchange. This is also popular with foreign exchange traders who use the exchange finder to trade shares in other countries. If you know more about investing, you can ask around to find the “right” platform.
Other platform options
All this said it is possible to start investing with the help of many platforms. Currency, Currency+ and Blakely are some of the platforms that are starting up with affordable fees.
In addition, Currency also offers a Shareholder survey online. In this way, anyone can join and participate. This allows you to discuss what you would like to see in your investments. Click here to see how it works.
What does a PSC share look like?
A PSC share is a tradable share of a firm that is more than one year old. Of course, there are many PSCs across different sectors, but as a general introduction for beginners, you will need to check out Currency.
PTC is an online investing platform that allows you to “step into the world of investing”. For less than $5 a share, you can start investing and earn a share of the profit. As the platform’s website states, “the easiest way to do it is like you’re asking a friend, family member or a distant relative for investment advice”.
Finally, another option is Currency+ which is a personal investing platform that was started by bankers. With the second platform, you have access to specialized traders to help them pursue their particular investment strategies. They also offer free PSC shares through shareholding contracts.
It’s important to note that not all platforms will work with all PSC shares. If you’re unsure how it works, use the currency and Currency+ websites or communicate with fellow investors to find out more.
Questions or concerns? Contact: means sell, at currency.com.
There are many trading platforms springing up now. You can also find plenty of tips and guides available online to get into it. Use a third-party service like Currency and Currency+ to find the right platform for you.