Ok I am going to do a trend on apps you can use to invest.
I will only recommend what I use
First off, don’t invest in what you have no knowledge of, thus DO NOT buy shares without understanding how shares work, or where your returns come from.
I did a nice webinar on this. This is the YouTube link
To buy shares you need a traditional broker or a FINTECH app. Most brokers today also have online trading platforms. The Nigerian Stock Exchange publishes a list of active stockbrokers on their site.
1. The price and the value of a stock are different
Price = how much you pay
Value = what stock is worth
Buy when Price < Value
Sell when Price > Value
The question in investing is determining the value
What is the value of a tree?
Fruits?
Cost of seed?
Value as firewood?
The price of a stock is forward looking.
It reflects the "vote" of investors. If investors believe the company will make more revenue and profit IN FUTURE, the price today will go up even if the company has no profits TODAY.
The stock market is a voting machine.
Over the long-term, the value of the company will reflect the earnings of the company.
Value and earning will correlate unless the company grows future revenues by
Acquisition
Internal reorganization to cut cost
External laws that favor company