Introduction

Before we begin, let’s get a few things clear:

• This is not investment advice. It’s for educational purposes only.
• Investing has risks. You could lose all your money.
• You should understand terms like: stocks, limit price, market price, capitalisation, broker, dividend, etc.

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If you don’t understand those terms, pause here and do some reading first.

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Want to read about stocks? Click here

Take Note

A few things to put in mind:

• Be Ready to Learn
• Put in the Reps

Step-by-Step: How to Buy Your First NGX Stock

1. Open a Brokerage Account

You’ll need this to buy any stock. A brokerage account is an account you have with your stockbroker which enables you to buy stocks you want. It is an account for your stocks.

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Make sure your broker is registered with the SEC (Securities and Exchange Commission).

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Popular Stock brokers have apps you can download and use to buy your stocks.

1. ARMOne by ARM