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Old 01-10-2007, 11:45 AM   #6 (permalink)
Stellycia
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Default Re: Some inquiries about Stock/shares

Quote:
Originally Posted by GreenShell
Hi,I've been reading threads started by other SgClubbers as well as the replies they receive. However, I still have some questions as I do not know how stock/shares are like.

1. Where do I read more about stock/shares? Like how to do a research or maybe like learn more about it? sgx.com?

2. What's the difference between stock and share?

3. What's the price like for buying one lot of share? Isit range of 1k and above? Or how isit like?

Thanks for everyone's help! Will be appreciated. ^^
Hi GreenShell, I'm also in the learning stage.

As a newbie, I tink you may be overloaded with info from too many trading forums and also faced problems understanding, not to mention analysing.

For ur qns 1, i suggest you may want to read up "Show me the money" by Ms Teh Hooi Ling to get a better understanding.

For qns 2, my interpretation for difference between stocks and shares is that they are generally the same thing. Both also denote ownership to companies. The time when u say "stocks" means ownership to ANY company, a more general term to use. Eg. Blue Chips "stocks". U used "shares" when u refer to a specific company. Eg. STX or SIA (U buy shares of "a" company)

For qns 3, 1 lot = 1000 shares. In S'pore, u must buy at least 1000 shares. To calculate the cost of 1 lot, u take 1000 x the price for 1 share.
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