It was a Tuesday at 10:00 AM. The JSE was in its "Continuous Trading" session, which runs from 9:00 AM to 4:50 PM on weekdays. Thabo decided to start with something familiar: a .
Thabo wasn't a "rich guy" yet, but he was no longer an outsider. He was a shareholder, owning a tiny piece of the South African economy, one trade at a time. buying shares on jse
: He was thrilled to find that some platforms allowed fractional share investing , meaning he could buy R100 worth of a share even if the full share price was R1,000. Step 2: The FICA Hurdle It was a Tuesday at 10:00 AM
As the months passed, Thabo watched the market's "rhythm." He saw his portfolio dip when global oil prices spiked and rise when local companies reported strong dividends. He learned that while the share price might bounce around, the Total Shareholder Return (TSR) —which includes reinvested dividends—was where the real wealth was built. Thabo wasn't a "rich guy" yet, but he
Thabo learned that he couldn't just walk into the JSE building in Sandton and buy shares with cash. He needed a middleman—a JSE-registered stockbroker .
Thabo had always heard his colleagues talk about "the market," but it felt like a club he wasn't invited to. One morning, while scrolling through financial news on News24 Business , he saw that the JSE All Share index was experiencing its biggest slump since 2008 due to global tensions. While others were panicked, Thabo remembered an old saying: "Buy when there's blood in the streets." He realized he didn't need to be a millionaire to start; he just needed a plan. Step 1: Finding a Gateway
: Instead of picking one company, he bought a "basket" of the 40 largest companies on the exchange, giving him instant diversification.