Buy Ferrari shares in New Zealand
Investing in stocks is an activity that is gaining more and more popularity all over the world. If earlier only extremely wealthy people were interested in investing, now anyone can invest.
You don't have to be a millionaire and live in New York or Paris to be an investor. You can live in the most remote corner of New Zealand and have a starting $ 10 to become a successful investor in the future. Sounds incredible, but it really is.
In this short article, we will look at investing in Ferrari shares in New Zealand. Let's consider the online option of buying shares, understand what is an online investment platform and what to look for when buying shares through an online broker.
The company (originally called Auto Avio Costruzioni) was founded in 1929 by Enzo Ferrari, racing driver, designer and test driver for Alfa Romeo cars. Initially it produced various equipment for cars. Cars made by the company were produced under the Alfa Romeo brand. Ferrari had an agreement with this company. The first car, which had already proper name "Ferrari" appeared in 1946. This was the Ferrari 125 model, with a powerful 12-cylinder aluminium engine, designed to implement the dream of its creator: to give an ordinary road car the properties of a racing car without sacrificing comfort. Enzo Ferrari chose the galloping stallion against a yellow background as the company's trademark.
By the end of 1947 there were already two versions of the engine Ferrari, and its displacement rose in the model 166 from 1496 to 1995 cubic centimetres. The following year Ferrari's own team won the Mille Miglia and Targa-Florio races for the first time. 1949 brought another triumph for the team in the same events and, a little later, victory in the 24 Hours of Le Mans.
The company produces racing and sports cars. In 2008, the company produced 6662 cars (1.2% more than in 2007). The number of employees at the end of 2008 was 3,017 (3.1% more than in 2007). Turnover in 2008 was EUR 1.921 billion (15.2% higher than in 2007)[2].
The company's racing division, Scuderia Ferrari (Italian: Scuderia Ferrari), competes in Formula 1 races and is the most successful in the history of racing (it has won the World Championship 15 times and the Constructors' Cup 16 times).
These figures can not but attract investors from around the world. Let's take a brief look at how to invest in Ferrari stocks in New Zealand.
How to invest in Ferrari shares in New Zealand?
The modern world is slowly forgetting about the classic model of investing in the offline version, where you are forced to draw up many documents, visit bank branches and have to coordinate your time with a broker, also considering its ability to give you time.
Now you only need a few hours to find information online which brokers in New Zealand provide online investment services. Next, you should analyze this broker, read reviews about it, see what range of services it can provide you and what amount of commissions you will have to pay for its brokerage activities.
When choosing a broker, also pay attention to whether the platform accepts funds in the national currency.
Then you go to the official website of the company, register and download the shopping application to your phone or computer.
After you take these steps, you will be able to choose from which account you start your work - from a demo account or a real account. All experienced investors recommend starting your investment activity with a training demo account, with which you can practice trading without risking your own money. The demo account is opened for free, the amount of fictitious funds on the account is usually $ 10,000. You can try to invest these funds at your discretion, following the result. You can use such an account for as long as you like, the amount of fictitious funds can be renewed as many times as necessary.
The real account works in exactly the same way as the fictitious ones, but to start working with this account you will have to top up the deposit for at least $ 10. You can make top-ups using the payment systems listed on the platform. Funds are usually credited to the account instantly, but sometimes crediting can take up to five business banking days.
To buy Ferrari shares, select the RACE tag and specify the amount you want to invest. When you enter this tag, you will also have access to information about the current stock price, you will see a graph of stock price fluctuations, general information about the company. You will also see current news about the company with reference to reliable sources.
When choosing the CFD investment type that is most popular, you can use a multiplier. Using a multiplier (so-called leverage) increases your profits if you successfully close the deal at times. Keep in mind, however, that if you invest in derivatives, you will only make a profit if your predictions about the rise in price or price of shares are correct at the time of closing the deal. Therefore, in order to make an accurate forecast, your experience and ability to analyze the state of the stock market is of great importance.
Online investment platform
Programs for the ability to invest over the Internet are called platforms, because they can be used on different gadgets and in different versions, the main condition is only access to the Internet. You can use both a computer and a phone at the same time. If you start the process of investing through a personal computer, and later download the application of the same platform to your phone, then all the data is synchronized instantly and you can view the data and continue operations from the phone. This way, all the features of the platform will be available to you 24/7, wherever you are, having only your mobile phone at hand.
All online investment platforms use the latest technological developments for easy operations. At your service graphic images of fluctuations in the value of shares, access to various indicators, the ability to choose a time interval from several years to several hours, monitoring the market in real time.
The platform also has a chat for interactive communication with other market players. You can either write a chat message under your own name or use a nickname that the system will automatically assign to you when you click the "do not show real name" option.
Another advantage of the platform is the availability of free lessons in the form of articles or videos. We highly recommend reviewing them.
There is also a "news" tab, where you can read the latest important news about companies whose shares are quoted on the market.
With such a powerful arsenal of opportunities at hand, you will definitely want to try yourself in investing, so feel free to register on the platform.
How to buy Ferrari shares in New Zealand?
Fortunately, there are enough brokers in New Zealand who offer their online services. Once you have chosen a broker, register on the online investment platform. Registering on such a platform is usually not more difficult than registering on any social network that you use to communicate with friends.
After registration, the system will ask you to open a demo account. Using a demo account is necessary when you do not have enough knowledge and experience to invest. The account is completely free and open-ended, and the fictitious amount of $ 10,000 is more than enough to train in investing without real risks. In addition, with the full use of the fictitious amount, it can be renewed as many times as you want, until you feel confident in your own strength to replenish the real account with real money.
It is just as easy to replenish the deposit with real funds, you can use one of the payment systems listed on the platform. Replenishment usually takes place separately, but in some cases can take up to five banking days.
You can usually withdraw funds from the system using the same payment systems. With which you replenished your deposit.
Is it worth investing in stocks online?
While the online investment platform is easy to use, don't be fooled that investing is a risk-free activity. Not at all.
In order not to lose the desire to invest after the first unsuccessful attempt, you need to remember to act carefully and gradually. Get acquainted with the theoretical materials - there are now many of them in free access on the Internet and on the platform itself. Watch all training videos carefully. Be sure to practice investing in a training demo account.
When replenishing a real account and starting a real investment, invest the amount of money that you do not regret losing at all and the loss of which will not lead you to your own financial collapse. Start with small amounts and increase the size of your own investment together and in parallel with your own experience and knowledge. Do not rush to use the multiplier in trade.
Remember, it is not enough to study the history of the company in which you intend to invest.
Even if operations of Ferrari are extremely successful, there are also such important factors as the legal framework in the country, as well as the political situation, economic factors, man-made risks, etc. - both inside New Zealand and globally. Therefore, keep your hand on the pulse of the news, closely follow, using verified information sources, the latest market trends.
