The Buying of Shares in SA’s Marketplace

If you have some extra income that you want to think about growing, looking into the buying of shares in SA’s market place is a good place to start.

There are many ways that people attempt to use money to get more money. Everybody dreams of being rich, or at the very least of having no more bills to pay and not having to worry about money. If you had the chance to ensure that you and your family will be looked after until you die, that your children will have enough money to pay for their tertiary education and a good start in life, and that you will be able to enjoy some luxury in the form of holidays a few times a year or a flat screen television, wouldn’t you take it? The answer is yes. Financial security is the holy grail of today’s world and we spend most of our lives strive, as of course we should, to achieve it.

There is, of course, no sure fire way to grow your money. There is a risk with everything. The value of stocks could crash, banks could go bankrupt, property values could decrease and many other things could go wrong. However, there is always a chance that the rewards could be huge and that the income for the rest of your life could be taken care of.

There are several ways to try and grow your money. Investing in companies or stock, buying shares, buying property and placing your money in interest accruing accounts are all common ways that people try to get ahead in the financial race. You should make sure that you fully understand each option before choosing which route to take.

Investing in companies, businesses or ideas

New or long standing companies as well as freelancers with new products are always looking for investors to help fund them and their projects. Without this funding, many businesses and items would never have gotten off the ground. You must have a very savvy business mind to take this route as you should be able to tell what will work and what not. Knowledge of the specific industry, the tool, the people who are running it and some experience is necessary. Depending on how much you invest, the returns could be huge. However, if the company or product does not do as well as expected or fails completely, the loss will also be huge.

Investing in property

Buying property is probably one of the most popular and successful ways to get your money to produce more money. There are several ways of investing in property. You could invest in a property development before it gets off the ground. There are risks as if something happened and the development does not even go ahead or does not do as well as expected, you will have made a loss. You could buy an apartment or house to rent out. You will be making money on the rent but you will also be paying monthly levies, handling all maintenance and repairs and should there be no one looking for your particular rental, you could find yourself making a loss. You could also buy a property to fix up and sell on, which would require some work on your part. You could buy when the property market is low and then sell when it picks up, but all of these options have their setbacks and as many dangers as they do promises.

Placing your money in interest accruing accounts

What many people do is put their money in low risk account where they receive a certain amount of interest every month. The interest depends on several factors and can drop down or pick up very quickly. There is usually a guarantee of some sort that your money will never fall below its original value or that you will not gain less than a certain amount of interest. The downside to this, however, is that the money does not grow very quickly.