Do you want to invest in Apple stock in budget? Maybe you think that it is impossible to buy Apple shares because the price is expensive, but you do not have to worry because you can do it by following some ways in this article. Many said they wanted to learn about stocks, but did not have the money. There are many ways to get around this unavailability of capital.
Smart solution to invest in Apple stock
- Utilize all the free resources
There are so many training videos, blogs, and other resources that will help you to start learning about stocks.
You can imagine being a successful trader if you learn all the videos. Let’s say you take two hours a day to learn the advice in the video. It will take you two months to complete and you’ll be in a better position than the people out there who buy training tickets, but never act on the information they buy.
- Create a virtual trading account
After learning all theories about stocks, you certainly have to apply them in real terms. But because to be able to stock trading you must have money, while currently do not have, then you can create a virtual trading account / demo that can be used to practice.
Many of the securities companies or brokers provide virtual / demo account trading facilities that you can use to practice. Thus, when you use a real account and make a deposit, it is already smoothly using it.
Try to apply all existing theories in training videos, blogs, and other resources. Demo accounts have the same moves as a real account, only the capital balance is not real.
Nevertheless, do the real thing by choosing the transaction that has the lowest risk. While virtual trading accounts do not reflect real accounts perfectly, you can at least learn to sharpen the feeling of conducting stock trading observations and executions.
- Start saving in brokerage account
Try to practice the sale of third-tier stock or penny stock when making observations and trading in virtual accounts
What is penny stock?
Penny stock is a stock with a small nominal value. Thus you can start trading stocks with small capital. Let’s say you only have a few or two thousand dollars to invest. With that kind of money, you can buy some shares of Apple stock for US $ 120 per share, or you can buy more shares from a company that sells US $ 1 per share which you can use to start buying Apple shares.
And since you earn money when you take your entry and exit position based on the number of shares you hold. You can estimate which is the fastest way to inflate your account?
Penny stock is perfect for beginners, but keeps in mind one thing: Do not use the last money you have when opening an account at your broker. Use money that you think will not disrupt financial stability if you lose it later. If you do not have the capital, start saving to your brokerage account by reducing expenses. Or getting additional revenue until you can start to invest in Apple stock.