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 some enquiries about buying shares

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YuNGSeNG
post May 6 2009, 12:34 AM

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One more things you have to know is if the share is RM1, u buy 100 unit = ( RM1X100 unit ) = RM100. However, your brokerage fees + clearing fees + stamp duty will cost you more than RM13 (I assume it is RM13). And when you want to sell the share, the same RM13 will charge to you. That mean you lose RM26 which is 26% of your RM100 capital when you trading one times (buy and sell). However, generally it is hard for a share to grow more than 26% in short term.

What I'm trying to said is you may have enough capital if you want to earn money. Eg: at least invest RM3K to buy 1 share no matter what is the share price.

Try to understand how the brokerage fees charging.


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