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A Pleasant Suprise from My Dividend Account
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young
#11 Posted : Thursday, April 29, 2010 9:51:53 PM
Rank: Elder

Joined: 6/20/2007
Posts: 2,074
Location: Lagos, Nigeria
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@Mzee VVS

Please be aware there is NO broker in Nigeria that has a suitable platform to trade online without interaction with the broker by phone or email.

In the whole of Africa, pure online real time facility exists only in South Africa just like what exists in US, UK and Asia.

Be aware the problem is not with the broker per se, but investors having access to the trading engine via the respective brokers platform. The infrastructure and wherewithal are not just there.
CMA etc has a big role to play.

The online stock broker I use in south Africa market just for your info is PSG www.psgonline.co.za
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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2012
#12 Posted : Friday, April 30, 2010 3:19:33 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
That's a great idea Young, to have a dividend account. I doubt if my dividend has ever lasted a month after it's paid. After reading this, I'm going straight to Postbank to open an account for dividend change my EFT from my active bank account to that and forget about if for a while.

Thanks Young for that. One always get great ideas from this site.

BBI will solve it :)
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