Jump to content

What was your first investment?

Spreadsheet Ranger

By Spreadsheet Ranger
in Investments

 Share

Recommended Posts

Bandit Newbie

Bandit

Posted
Posted

I started out with FNB's Share Saver (Top40 + MidCap) when they announced it. I think the first single share I owned was SAB Miller.... Technical analysis at the time showed that it was a major contributor to good times :P

IQ Test

Outlook Newbie

Outlook

Posted
Posted

I bought shoprite back in 2011 using PSG's platform still a great platform in regards to the information and research material that was available.

 

I have sinced moved over to EasyEquities all the research and knowledge I get here and then all I need is a cheap way to execute it.

MrDividend Newbie

MrDividend

Posted
Posted

Opened my first share account in the UK - +-15 years ago. Bought OML, SAB and one or two others. One, was a penny stock, oil exploration company JKX which featured in some stock picking column. BTW could not remember the name so had to go look it up - have no clue how many I bought - think the whole account was worth 2000 pounds with 4-5 shares, so no mre than 500 pounds worth anyway. I bought it under 15 pence. About 6 months later we bought a house in SA and I had to sell my shares as we needed the cash - lost a little bit overall. But we bought the house, but still had to stay in the UK for another year saving cash. I remember though, when we left seeing an article in a newspaper at the airport about JKX and it's shares price which was over pound. Gutted.

 

Looking at the share price, it kept shooting up to around 4 pounds after 3 years - pretty impressive. Actually hit 5 pound a few years after that, just before 2008. Obviously, would have done very well with the SAB shares as well.

 

BTW - my best investment though, was actually the house. Bought in a tiny WC village for R288 000 cash, sold 3 years later for R1.6 mil!

  • 1 month later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • The JSE Investment and Finance Forum

    Platinum Wealth is a leading financial forum with an eye on the future of our country and the citizens of South Africa.  Even though the era of trading exclusively with physical goods is in the distant past, we as a civilization have always looked for new ways to prosper. Simply put, ways to get a better deal.  To have more, for less.  At Platinum Wealth we have created a bigger platform for you to do exactly that - a connected network of your peers giving the tips and tricks that have helped them reach their financial and investment goals.

    From personal finance and creating wealth, to financial news and small business, we cover it all at Platinum Wealth.  Pose your money and investment questions in our money and investment forums, we'll make sure they get answered.  We want to guide a new generation of money conscious readers.  We are here to share tips and practical knowledge that will help you live large without sacrificing your financial independence.

  • Tell a friend

    Love Platinum Wealth: The JSE and ZAR X Financial and Investment Forum? Tell a friend!

  • Topics

×
×
  • Create New...