Originally Posted by firstname.lastname@example.org
pls who knows how shares are calculated i.e if i buy a share of 8 naira at 50k each,what will be my interest at the end of the day?pls i want it in mathematical terms,in a simple way.am new in dis game
the stock market is not the same as the money market. You do not earn "interest" in the stock market like you do when you put money in bank. The gains you get from investing in the stock market are from "dividend" and "capital appreciation". There is no mathematical formula to determine how much a company will pas as dividend or you much the stock price will appreciate. You need to do your homework and research the stocks you wish to buy.
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith