Buy Verizon shares in Singapore
Investing through the Internet is becoming increasingly popular today. Most people, in addition to spending on the Internet playing games, watching movies and hanging out on social networks, are beginning to wonder how to make money and invest in order to create a good source of passive income for themselves.
Now, you don't have to be a dollar millionaire to invest. Having even a small amount of free money, you can profitably invest it. The most important thing is to initially decide on the tasks that you would like to solve.
Both the approach to the method of investment and the methods and instruments of investment have changed. Now you do not need to visit a bank branch, the office of the company you are investing in, or the stock market. All transactions are available online, wherever you are at the moment.
If we talk about the purpose of investment, then people continue to give preference to large enterprises, the so-called giants of the market.
One of these giants is Verizon Communications.
The company is headquartered in Manhattan, New York, and the company itself is registered in Delaware.
Date of foundation: June 30, 2000.
So why is Verizon interesting for investors in Singapore?
Today, Verizon Communications operates in two areas:
- Wireless (Wireless Services);
Verizon is one of the world leaders in communications, technology, information and entertainment services. The company's clients include retail consumers, US small and medium-sized businesses, large enterprises including multinational corporations and federal governments, state and local governments, and educational institutions.
The holding offers mobile and video services, data transmission services, network solutions, and various platforms.
The company is really impressive.
The current capitalization is $233 billion.
A solid financial cushion can be seen in the company's acquisitions.
2000 - a joint venture with the British Vodafone, Verizon Wireless, which provides wireless services, was formed, the share of which was purchased by Verizon in 2014 for $130 billion.
2011 - Verizon acquires IT services company Terremark. In the same year, Verizon began selling the iPhone 4.
2012 - Acquires Hughes Telematics to support further wireless growth.
2015 - the famous American media conglomerate AOL was bought out.
2016 - the purchase of a company whose name is known to everyone - Yahoo! (with a huge number of active users of 1 billion) for $4,48 billion.
2020 - Verizon announced the acquisition of BlueJeans for $400 million amid a surge in demand for video conferencing tools amid the COVID-19 pandemic.
On October 1, 2018, Verizon announced the launch of the world's first fifth-generation (5G) commercial network.
The operator has deployed it in four American cities: Sacramento, Los Angeles, Houston and Indianapolis.
As we see, the success of the company and its history inspire confidence, and therefore Verizon shares are attractive to potential investors around the world.
They are listed on the New York Stock Exchange.
Stock quotes at the time of writing: $56.17.
How to Invest in Verizon shares in Singapore?
Verizon is a good option for anyone looking for a secure and profitable investment. The company is known for its strong financial backing as well as solid business plans.
So let's take a closer look at the options for how to invest in Verizon shares in Singapore.
There are now quite a few reputable investment firms that trade Verizon shares on the Internet.
Take time to find out which brokers in Singapore provide online investment services.
Make sure the broker you choose is reliable and reputable. And only after that, register on the online platform.
Decide for yourself for how long you intend to make the investment. But do not rush with long-term investments if you are a novice investor with little experience, because it will be difficult for you to correctly assess the current state of the business, as well as be able to correctly predict its development in the future.
Explore fundamental analysis, which is a method of determining future changes in a company's stock prices based on economic, political and other factors and data that can affect the level of supply and demand for securities.
Due to the fact that for the past two years, the whole world has been living in an epidemic, the state of the economy is not as stable as we would like, and therefore most investors are afraid to invest in long-term projects.
Now private investors and large companies prefer short-term financial investments.
If you prefer this type of investment, check out the technical analysis, which includes indicators, charts, and more. With technical analysis, you can track multiple liquid securities. If the indicator of one of the shares indicates a buy, then this particular security is being bought.
You can also correctly assemble an investment portfolio by following the recommendations of technical analysis.
The goal of any portfolio of securities is to reduce risks through diversification.
Fundamental analysis will give you an idea of the market over a fairly long period, and technical analysis will give you an idea of its instant trends, you will understand where the price will move over a fairly long period of time.
Today, the CFD method is very popular among traders.
This type of trading is suitable for those who initially do not have a large start-up capital.
CFD is a price difference contract that is concluded between two parties - a trader and a broker.
The essence of this contract is that the positive difference between the opening and closing prices of a certain financial instrument is paid by the seller to the buyer, and the negative difference is paid by the buyer to the seller. The contract must indicate the time of determining this difference.
If you buy such a contract and the share price rises, you will receive the corresponding difference from the broker. Conversely, if the price falls, the difference will be debited from your account.
If you don't have a lot of experience, but have a strong desire to trade stocks, then choosing CFDs is a good option!
How to Buy Verizon shares in Singapore?
Verizon shares can be purchased through an online platform. To do this, go through the simple registration process. It only takes you a few minutes.
In fact, it is not more difficult than registering with any social network.
Next, you will need to fund your live account and actually buy the shares.
If you would like to practice buying stocks, you can do so using a demo account. Let's take a closer look at how this happens.
So the registration procedure is standard: you will be asked to enter a valid email address and a complex password that only you will know.
Once your registration is complete, you will have access to a demo account. Please note that this is a free feature.
When you open a demo account, a virtual amount of money automatically appears on it in the amount set for the platform.
Use the demo account for training and trial operations as a training simulator.
With it, you will get an idea of how the stock market works, learn how to trade stocks without fear of making mistakes, you will see stock price movements, follow the charts. And you will also understand how experienced investors work. You will also learn some key terms used in the trading world.
You will have a clear understanding of how to buy Verizon shares in Singapore.
Agree, this is a great opportunity to get such an experience!
Please note that you do not pay your money, which means you do not risk losing anything.
Once you feel confident and willing to trade for real, move on to a live account. This is where you make a real deposit based on the minimum amount set on the platform.
This is usually only a few dollars.
You can easily do this by clicking on the "Deposit" option. After that, you will be redirected to the payment page. You will need to fund your account using the payment systems indicated on the platform. Funds are usually credited instantly, but sometimes it can take up to five business days. You can withdraw funds using the same payment systems that you used when replenishing your account.
As you can see, everything is quite simple and accessible.
But let's not forget the risks. In investing, they have been, are and will always be, unfortunately. But it is in our power to protect ourselves, bringing them to a minimum.
You can mitigate your risks by investing responsibly and prudently!
You should not invest a large amount right away, start gradually. Research the company you want to invest your money in.
Choose a reliable online platform. It must meet all the requirements of modern platforms. It should also be convenient and easy to use, which is very important for beginners.
This platform is ready to offer you services such as free video training, communication with other members. You will have access to information about stocks, you will be able to follow the charts and price fluctuations.
You will also be able to follow the latest news about the company you are investing in and much more.
Support is available 24 hours a day, 7 days a week to help you.