EasyEquities was my slam-dunk into the world of investing

Busisiwe Ngobe started her journey as the newest member of TeamEasy only a week ago, but has been part of the EasyEquities community for 2 years already. Busi is a thrillseeker (bunjee jumping is one of her favourites) and is passionate about education, here’s her investment tale…

Misconceptions about investing have been prevalent in my life from a very young age.  I also convinced myself over time that investing is for the wealthy and that I had to patiently wait for my “Big Break” in life to afford investing.  Well, all of that changed in 2016 when I discovered the power of EasyEquities  - here is my story of how I untangled myself out of years of misconceptions.

 I am Busisiwe Ngobe, a 23-year-old millennial who is on a quest to attain financial freedom. My journey as an investor only began when a knowledgeable family member discussed investments with me.IMG-20180614-WA0003

I had always believed that investing was only for the rich with millions to spare, but that family member opened a brand-new world that I found fascinating. I started exploring the world of investments by reading about all the new terminologies – Exchange Traded Funds (ETF’s), Unit Trust Funds (UTF’s) and ventured into finding the best and most suitable online investing platform. The Moneyweb website was my haven; in my opinion it provides the best financial news and investment research content – I fell in love instantly. Little did I know that this is the platform that would introduce me to my gateway to investing. This is where I was introduced to EasyEquities and I was amazed that an online investment platform could be so attractive and simple to comprehend and use. Easy Equities was my favourite without a doubt because of its 5 factors – 1. Simplicity, 2. Aesthetics, 3. Intuitiveness, 4. Easy and last but not least 5. Fun. EasyEquities was my slam-dunk into the world of investing. 

Never have I thought that I would be given the opportunity to invest the little I had. I won’t lie and say I jumped in immediately… it took some time because I was not confident enough to start. I did not know which stock, or ETF to buy. But the demo account and research portal was extremely helpful; and the R100 000 in practise money and investment insights really came in handy. There are some stocks and ETFs I purchased on the demo account, which I wish I had bought in my real account due to all the returns I could have reaped.  

The first investment instrument I bought was an ETF in my TFSA for R250. I bought an ETF because it has low risk and it is also diversified.  Since that moment of purchasing my very first ETF, I never looked back. I have read up more about investing, I am empowering myself and others around me to invest. 

Connect with Busi on Twitter @Queen_B_Ngobe

Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by an employee of EasyEquities an authorised FSP (FSP no 22588) as general market commentary and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.

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