Wednesday 23rd January 2002
|Text too small?|
A: There is no minimum fixed amount to start investing in the NZ sharemarket but every NZ share has a minimum holding. For example, the minimum holding for Telecom shares is 50. If you want to buy 50 Telecom shares at the current market price of $5.97, your minimum investment would be $298.50 + brokerage. If you are interested in a different share then ask any broker what the minimum holding is (plus their fee) and that will give you an idea of how much you will need to become a shareholder.
No comments yet
Where can I find information about companies on the secondary board?
Why do NZ companies list offshore?
How do I find what specific companies make up a sector index?
What is the difference between a renouncable and non-renouncable rights issue?
What advice can you give a beginner?
How do I begin investing in the sharemarket?
Where can I get investment information or advice?
How do I research a company I may want to buy shares in?
What are share issues and placements?
How do I choose a broker?