: He looked at traditional full-service brokers but found them a bit pricey for a beginner.
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Thabo had always heard his colleagues talk about "the market," but it felt like a club he wasn't invited to. One morning, while scrolling through financial news on News24 Business , he saw that the JSE All Share index was experiencing its biggest slump since 2008 due to global tensions. While others were panicked, Thabo remembered an old saying: "Buy when there's blood in the streets." He realized he didn't need to be a millionaire to start; he just needed a plan. Step 1: Finding a Gateway : He looked at traditional full-service brokers but
Before he could trade, Thabo had to go through the . It was simpler than he expected. Using his phone, he uploaded: A digital copy of his South African ID . Learn more Thabo had always heard his colleagues
: Instead of picking one company, he bought a "basket" of the 40 largest companies on the exchange, giving him instant diversification.
It was a Tuesday at 10:00 AM. The JSE was in its "Continuous Trading" session, which runs from 9:00 AM to 4:50 PM on weekdays. Thabo decided to start with something familiar: a .
As the months passed, Thabo watched the market's "rhythm." He saw his portfolio dip when global oil prices spiked and rise when local companies reported strong dividends. He learned that while the share price might bounce around, the Total Shareholder Return (TSR) —which includes reinvested dividends—was where the real wealth was built.