Buy Verizon shares in New Zealand
How to become financially independent and financially free? We often think about it. Someone opens his own business, someone concentrates on his career, others, and there are more and more of them every day, choose online investing. Now it's even fashionable. You can become a professional investor, or you can just invest your money to make a profit. Modern investing offers a great variety of opportunities and tools.
The subject of this review is investing in Verizon shares in New Zealand.
A little about the company
Verizon Communications is one of the largest American and global telecommunications companies today. The company was founded in 2000, the result of the merger of Bell Atlantic and the largest telephone service provider in the United States, GTE. The company is headquartered in Manhattan, New York. It is incorporated in Delaware.
Verizon has a current capitalisation of $233 billion - it is the world's third-largest communications company by market capitalisation.
Verizon's business has two main segments: wireline and wireless.
The wireline segment provides services like broadband Internet access and video, IP telephony, local area networks and other services for large and medium-sized businesses.
Wireless segment offers services and equipment for wireless and voice communication. Through partner services, the company provides video, music, gaming services and news content.
Verizon also offers a variety of wireless devices: smartphones, phones, tablets and other Internet access devices. The segment works directly with consumers, as well as retail and wholesale suppliers. The main revenue generating unit is the wireless segment. Its share is about 70%.
Verizon Communications has invested heavily in 5G ultra-broadband over the past few years and was the first company in the world to launch 5G networks. In 2019, the 5G network began operating in the cities of Chicago and Minneapolis, but by the end of 2019, the number of cities had grown to 30.
Verizon is actively promoting a smartphone with a 5G modification from Motorola Solutions, Inc. It is the world's first 5G-enabled smartphone. If the company's president is to be believed, 5G will bring $12.3 trillion to the global economy and provide 22 million jobs worldwide by 2035.
Verizon Communications has successful operations in more than 150 countries - America, Africa, Europe, the Middle East, and Asia Pacific. It is estimated that Verizon has almost 32% of the US mobile communication market.
Significant acquisitions of the company include:
- MCI's acquisition in January 2006, which provided IP-based communication services;
- Verizon Wireless' purchase of part of Alltel's networks for $28.1bn in June 2008;
- The acquisition of US media conglomerate AOL in 2015;
- Perhaps most famously the takeover of Yahoo! in July 2016, for $4.48bn.
As the company is constantly introducing new technologies and showing a combination of relative stability and reliability in its business, there is a strong likelihood of increased revenues in the long term.
And that of course cannot fail to attract potential investors, not only in New Zealand, but around the world.
How to invest in Verizon shares in New Zealand?
If you are interested in investing in Verizon shares in New Zealand, you should take a closer look at the company. It's better to spend some of your time researching, rather than regretting a bad investment and losing money later.
Because Verizon Communications is a holding company, when dealing with its stock, you need to consider what analysis is released by major investment institutions and banks on its subsidiaries because the holding company's profits are directly dependent on the performance of its subsidiaries.
Today, the company's shares are traded on the New York Stock Exchange, where they can be found under the ticker symbol VZ. They are also traded on the Berlin, Frankfurt, Munich, Hamburg, Hanover, Swiss, Mexican and other stock exchanges.
In March 2020, when the WHO announced a pandemic coronavirus, VZ shares were trading at $47.51 per share. Since then, Verizon Communications shares have risen 18.92% and are now trading at $56.5.
To clearly understand how to invest in Verizon shares in New Zealand, you need to choose your investment strategy, find a good broker providing services in your country and register on the online platform.
If you are interested in investing for the long term, you need to familiarize yourself with fundamental analysis. Specifically, you should research the present position of the company, its prospects, what the company publishes on its accounting statements, etc. Using Fundamental Analysis, you will also be able to determine the optimum composition of your investment portfolio. Allocate your capital between stocks of different companies and sectors so that if some stocks fall, others will compensate for the loss.
Long-term investments are still preferred by experienced investors, as one must correctly assess the current state of the business, and be able to correctly predict its development.
When choosing a short term investment, take the time to educate yourself on the technical analysis that involves charts, indicators, and more. Short Term Investments require that you react instantly to market movements. Such investments allow you to save money from the effects of inflation and give a return in a relatively short period of time. Investors' equity can increase dramatically if the price rises.
Currently, the CFD trading is very popular among traders.
A CFD (Contract for Difference) is an agreement between a broker and a trader who agrees to pay the difference between the opening and closing price of a particular asset. It is a way of speculating on the price movements without the investor having to own the real asset.
CFDs are an investment instrument that is finding more and more applicants because of its availability. Also, the contract can be bought and sold in its entirety at any convenient time, which is an advantage of such a contract. This financial instrument has become ideal for those who have little capital to enter the market.
Knowing the best ways to invest in Verizon stock in New Zealand gives you the opportunity to make the most of the growing demand for telecommunications technology within the country. The telecommunications market in New Zealand offers the consumer a wide range of telecommunications products and services.
Investing in Verizon stock is quite easy, especially if you use the online platform.
Register on the platform and start trading today.
How to buy Verizon shares in New Zealand?
So, you can buy Verizon shares by using the services of an online platform. To do so, go through a simple registration process, which only takes a few minutes. Then you will need to fund a real account and actually buy shares. But before that, practice on a demo account.
Let's take a closer look at how it works.
What is a demo account?
This is a virtual account designed for training operations. Your demo account will open automatically as soon as your registration is complete. Virtual money will be available to you immediately in the amount set for the platform you choose. You can use your demo account for training purposes and practice trading without the fear of making a mistake.
With the help of a demo account you will get an idea of how the stock market works in general, learn how to work with stocks, see stock price movements, follow the charts and most importantly, understand how experienced investors work.
You will learn some key terms used in the trading world. You will have a clear understanding of how to buy Verizon stock in New Zealand. Agree that this is a good experience! You risk nothing, because you pay nothing out of pocket.
Fund your account
Jump into a real account and start trading for real once you feel confident and understand how the market works in general. To activate your account, you will have to make a deposit based on the minimum amount set on the platform. This is a small amount of a few dollars.
This can easily be done by clicking on the 'Deposit' option. You will then be redirected to the payment page. You will need to fund your account using the payment systems listed on the platform. Deposits are usually quick, but may take up to five working days. Withdrawals will be made using the same payment system you used to fund your account.
How to minimize the risk of investing?
Investment risk is the possibility of not getting a return on the money you have invested, or worse, losing it. Before you invest your money, make sure that you will not lose more than you invest. Don't rush to invest a large amount at once, start small. Do your research on the company you want to invest your money in. Be aware that the economic, political, social and even environmental conditions of your country and the world can affect your investment.
Choose a reliable online platform. It should be user- friendly and easy to use, which is very important for first time investors.
Modern online platforms offer you free video training, chat with other members where you can communicate and share experiences, you'll have access to stock information and see price fluctuation charts. You will also be able to follow the latest news about the company in which you are investing and much more.Support is available 24 hours a day, 7 days a week to help you.
We hope the tips we've tried to give you in this article have helped you understand how to buy Verizon stock in New Zealand while avoiding risks as much as possible.