BASICS (4) ; HOW PEOPLE INVEST IN STOCKS AND SHARES

There are two major ways people invest in stocks and shares of public limited companies. In the case of private limited companies ( that is, the ones you can not buy or sell their shares publicly) there is only one way through private contact.
For public limited liability companies, people buy when such shares and stocks are offered for sale by the issuing organisation, that is the company  and in the case of Federal Government stocks, the Central Bank of Nigeria. This is normally thrown open through advertisements in the media with clearly stated closing dates, offer price and any limitations on quantity people can apply for. This is the primary part of the capital market.
The secondary part is the one that involves the Nigerian Stock Exchange. The exchange is the market where people can buy and sell shares they own in quoted public limited companies. This is done through stockbrokers who are, technically speaking, the only ones allowed to deal in the market. All else do business in the market through them
So, if you have stocks and shares to sell or want to buy any, your best bet is to link with a stock broker but be sure first, that you are clear in your mind what you will like to achieve with your investment. It is the stockbroker too you can instruct on any preferences or taboos you may have. For example, one who is strongly against alcoholic drink of any kind may opt not to invest in any company producing or selling alcohol. That is a personal choice.
Tomorrow: SOURCES OF MONEY TO INVEST IN STOCKS AND SHARES

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