Wednesday 5 October 2011

HOW TO MAKE STOCK INVESTMENT


How to calculate BUYING price:
1 Lot = 100 unites
SOGOSG (Sogo Studio Group) Buying Price/Unit: RM1.040
Buying Lots: 50
Processing fees (Including Brokerage fees): 0.42%
The Buying Price (Before Processing Fees): 50 (Lots) x 100 (Units) x 1.040 = RM5200
Processing Fees: 5200 x 0.42% =RM21.84
The Actual Buying Price (Including Processing Fees): RM5200 + RM21.84 = RM5221.84

How to calculate SELLING price:
SOGOSG Selling Price/Unit: RM1.060
Selling Lots: 50
Processing fees (Including Brokerage fees): 0.42%
The Selling Price (Before Processing Fees): 50 (Lots) x 100 (Units) x 1.060 = RM5300
Processing Fees: 5300 x 0.42% =RM22.26
The Actual Selling Price (Including Processing Fees): RM5300 – RM22.26 = RM5277.74
So, if you buy SOGOSG (Sogo Studio Group) market share for 50 Lots at RM1.040/unit, and sell 50 Lots at RM1.060/unit, your earning will be
RM5277.74 – RM5221.84 = RM55.90

What you need to memorize are:
1 Lot = 100 Units Share
Processing Fees for Buying Online= 0.42%

It is very easy to calculate buying and selling price, you just need to do some exercise or practice, and knowing the processing fees!
In the future, you may visit OSK Investment Bank to buy the favorite company market shares with your own money which you think its value can increase in the future!
Good luck!

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