🎁🎁🎁 Get a HUGE 6.8% interest + a free stock + 180 days of free brokerage + Premium Research Features if you sign up to Moomoo & deposit $1 using the link below: j.moomoo.com/00A1xQ Great news! Moomoo will now offer Chess Sponsorship for their ASX shares starting in January 2024.
Latest update is that CHESS-sponsored ASX trading will be available on moomoo in March 2024. Any idea if this means it will be available as a choice or if all future transactions will be CHESS-sponsored? Just confused if this means that if I invest $50 in say ANZ on the ASX today under a custodial agreement via MooMoo come March will I be able to invest a further $50 as this is my second parcel of the same stock or will it have to be >$500 as it will be my first CHESS sponsored parcel? Or will MooMoo have the option for me to choose between continuing with custodial or CHESS brokerage?
U gave a piece of information Tell about if the brokerage firm goes bust or down what a shareholder should do? Then a shareholder can move there shares easily or not, how many days it take? Or Once the brokerage firm goes down your shares also stuck there?
suppose if i buy shares of a commonwealth bank......would i get more money from shares or would i get more money if i just put my $10,000 into savings in a year?
Nothing is guaranteed especially with individual stocks. People invest in stocks in hopes that it will out perform other 'safer' investments like cash in a savings account. Historically, the entire stock market has averaged a higher return than a traditional savings account in the long term. However, this is not guaranteed.
Hey, I've just subscribed....one question after i go through a broker e.g cmc. Do i need to go in and buy/sell or trade and pick my own stocks or do they do that?...can i just put money into the account and they do it for me?