Buy Amazon shares in Singapore
This short article is an overview of the creation to learn how you can invest in Amazon in Singapore. We warn you right away that this review is not your plan of action, but just a short cheat sheet that you may want to use when discovering a large world of investment.
So when we talk about Amazon, we are talking about the world leader in sales, the giant of the e-commerce market. About a company that was founded only 27 years ago and which during this time has grown from a bookstore to a giant of world trade. The founder of the company is Jeff Bezos, who according to Forbes magazine in 2018-2019 was officially the richest man in the world, and his capital was estimated at $ 200 billion.
Of course, when potential investors hear these figures, it can not help but attract them and not to think about the possibility of buying shares of this company.
The modern world with its high technologies allows you to invest in shares of international corporations. Such as Amazon, from anywhere in the world. Singapore is no exception. It is easiest to invest in shares of foreign giant companies, of course, through the Internet. So how do you get started investing? How to register an account on the Internet site? How to choose an online broker? How to buy the first shares? How to learn the secrets of investing, if you are new to this field? What investment options are available in Singapore?
We will try to answer these and other questions briefly below.
How to invest in Amazon shares in Singapore?
The price is the highest in the electronic commerce market, the head of the AI-assistants and the platform for the calculation, which depends on the income and the market capitalization. There is a whole other for the size of the robot teacher in the New States and one of the best companies in the world. Amazon is a different technology company for its revenue.
Amazon Bove Photographed by Jeff Bezos 5 April 1994 Rock in Bellevue, Washington. The company has started to develop an Internet market for books, but has expanded into sales of electronics, software security, video, clothing, furniture, products, food, games and juvenile viruses. In 2015, Amazon turned Walmart as the best retail seller in the New States for market capitalization. In 2017, Amazon had added Whole Foods Market for $ 13.4 billion, which significantly increased Amazon's presence in the market. In 2018, Bezos voiced the fact that the Amazon Prime delivery service got 100 million subscribers all over the world.
Investing in its classic exchange, when you visit the stock exchange offline, communicate face to face with a broker and draw up a mountain of paper documents, gradually disappears. Instead, the option of investing online is becoming increasingly popular.
Technically, all you need for this is a laptop and an internet connection. And, of course, an extremely great desire to plunge into the world of investment, to learn constantly, to continuously study all aspects of the stock exchange.
Investing is a complicated and quite risky thing. On the one hand, you get the opportunity to earn a lot of money, on the other hand, the same money can be lost. Therefore, on the one hand, the simplicity of investing online does not preclude, however, the need for training and understanding of the intricacies of the stock market.
So where do we start?
To invest in Singapore online, you first need to find a brokerage firm that deals with online trading. This information is quite easy to find on the Internet.
Read reviews about the broker, find out how long this company has been providing this type of service, what are the guarantees of saving your money, how the system works online.
How to buy Amazon shares in Singapore?
If a broker is right for you, the next step is to register on their online investment platform. As a rule, registration on a trading platform is not more difficult than registration on a regular social network. You will need to enter your first and last name as well as your email. Everything, you can log in to the investment platform and start your investment activities without leaving your home!
Then the system will offer you to open a demo or a real account. We strongly recommend starting with a demo account! A demo account is a unique opportunity to train in investing without spending a penny. Opening an account is completely free, and using it for training is not limited in time - for some it is enough for training and a few days, and for others it takes months to understand how the system works. Be sure to try trading with this account, but keep in mind that you can only make a real profit when you open a real account.
The online investment platform is super convenient. Here you can see a whole bunch of different tools for analyzing a company in terms of investment attractiveness. Here you can also see a vivid illustration of stock price fluctuations in the form of graphs, you can do this in the context of the company, selecting any reporting period for analysis, and you can compare any company. On the platform you will find ultra-accurate and up-to-date information on stock prices - the update is synchronous with international stock markets, so you definitely will not miss important information.
In addition, the platform has a bookmark with current market news from proven global information sources - we advise you to stay up to date.
We recommend that you thoroughly study the platform for investment, get acquainted with all the opportunities it provides, focusing on the tab "learning". This is a particularly valuable and, most importantly, free opportunity to learn about all possible methods of investing.
We remind you that investing is a risky business, because in addition to the desired opportunity to make a significant profit, there is also a negative point in the possible loss of own funds. Therefore, do not start incense, but prepare carefully, train, do not be lazy to study the laws of the market and the principles of effective investment, so as not to take risks once again.
When you feel ready to invest real money in the investment - replenish the account directly from the investment platform in any way convenient for you from those offered in the system and buy the selected shares immediately. When buying, you will also be able to use the "stop loss" functions and the multiplier (credit lever). The stop loss function will help to control the decrease in the value of the stock, and the multiplier will allow you to use the leverage. You should also be careful here, because in the event of a failed investment, the credit lever will increase your loss. The correct use of the multiplier will increase your income many times over.
How to start investing in Amazon shares in Singapore?
Investing is a rather complicated process. In order to invest effectively, making a profit, not a loss, it is not enough to simply study the work of the stock exchange. It is worth remembering that the company's share price is affected by a number of external factors that must be taken into account when investing, such as the political situation in the country, foreign economic relations and economic laws in the country, the state of the global economy, global political trends, etc. It is also worth paying attention to whether the current product or service is produced by this company, whether it plans to expand further, or, conversely, will close. It makes sense to follow the news about the companies in which you intend to invest. At the same time, we advise you to use only verified sources of information.
So, summarizing all the above, let's single out where to start investing:
- find a decent online broker;
- register on the platform for online investing;
- open a demo account;
- get acquainted with the platform and all the tools it offers;
- get acquainted with educational materials online;
- try to trade using a free online account;
- follow the news about the company in which you intend to invest;
- follow economic and political news in New Zealand, as well as in the country where the company is located;
- follow the news on a global scale to understand global trends.
Like any other activity in general, investing requires a complete passion for the process. If you want to become a successful investor, you need to make stock market research your hobby, and following market trends should be your daily habit.