Buy Starbucks shares in Hong Kong
Internet technologies have entered the life of a modern person, radically changing his approach to many things and processes. Thanks to innovative online systems, we have many things at our disposal that we could not even dream of before. We buy things online, read books and follow the news, learn, make new friends and just communicate with each other over the Internet.
The development of the Internet did not disregard the investment system. Modern technologies have radically changed the classical investment system, making it possible to perform transactions online without leaving your home. Now it is not necessary to go to a bank branch, to the office of the company in which it is invested, or to the stock market. All possible transactions are available to you online, no matter where you are at the moment.
And if in the past, market participants were exceptionally large companies and owners of huge capital, today anyone with only a few dollars of initial capital can participate in investments.
When we talk about companies that are considered to be receiving investments, people still prefer large companies, the so-called giants of the market, whether in the manufacturing sector or in the service sector. The following discussion will focus on investing in a company whose name has become synonymous with coffee around the world.
Starbucks is an American coffee company and a coffee chain of the same name. The management company is Starbucks Corporation. Starbucks is the largest coffee company in the world. Starbucks was founded in the United States in 1971 and has become legendary. Now she has 32 thousand establishments around the world, most of all, of course, in the United States - 6 thousand. At the end of 2020, the company had over 349,000 employees.
Starbucks began trading on the NASDAQ in the summer of 1992 under the ticker SBUX. Today, many online brokers also work with the company's shares, providing an opportunity for traders around the world to speculate on the value of the shares.
Let's take a look at how you can invest in Starbucks Hong Kong stock.
How to invest in Starbucks shares in Hong Kong?
Now the choice of brokerage companies is extremely large, but your task is to choose the best intermediary. To do this, the first thing to do is ask if the brokerage company has a brokerage license. Second, check the reviews about the company.
Check out how the trading platform works. Do not forget that online trading differs from classic investing in that you will act on behalf of a broker using the provided online trading platform for transactions, but practically independently. Therefore, functionality, information content, clarity and ease of use are important qualities of the platform.
Investing in stocks using the dividend method or trading derivative financial instruments is the next question.
If your investment capital is quite an impressive amount and there is a desire to provide yourself with passive income for the future, feel free to choose the dividend method.
Dividend investing is considered to be one of the safest investment methods. The size and frequency of dividend payments is determined by each company based on internal policy at the general meeting of shareholders.
From 2004 to 2010, the company did not make dividend payments, but used all the proceeds to develop its business. Since 2010, Starbucks has paid out quarterly dividends. Along with the share price, the size of payments also grows, which exceeds 1.6% per annum.
Many traders choose to trade financial derivatives CFDs.
Contracts for Difference (CFDs) are a form of derivatives trading that allows you to generate potential profits by speculating on rising or falling prices in global financial markets (or products) such as stocks, indices, commodities, currencies and fixed income securities. It is a contract between two parties, usually described as a "buyer" and "seller", where the two agree to exchange the difference in the price of the underlying instrument from the time the contract is entered into until its termination. The seller will be an online marketplace, and the buyer will be an individual. Thus, differential contracts are financial derivatives that give the trader the opportunity to profit from prices that are both up and down in the financial markets, depending on which position is open. If you believe that the price of the instrument is going up, you should enter a long / buy position to be able to make a profit, while you should enter a short / sell position if you believe otherwise.
Online platform for trading
An important point when choosing a broker is the online investment platform that he provides for work. In fact, the online investment platform is your online exchange at home.
Programs for investment opportunities via the Internet are called platforms, since they can be used on various gadgets and in different versions, the main condition is only access to the Internet. You can use both a computer and a telephone at the same time. If you started the investment process through a personal computer, and later downloaded the application of the same platform to your phone, then all data is synchronized instantly and you can view the data and continue operations from the phone. Thus, all the capabilities of the platform will be available to you 24/7, wherever you are, having only your mobile phone at hand.
An online trading investment platform is a great opportunity to visually see and study all the tools and methods of trading.
The first thing you will see is the stock price fluctuation charts. It is possible to select different periods for analysis, from several years to several hours.
In addition, there is the “indicators” tab, which contains tools for technical analysis of the behavior of certain stocks on the investment market. Not sure what Bollinger Bands or Ichimoku Cloud are? It doesn't matter, the platform has video tutorials that will tell you in detail what it is and how to use these indicators for analysis in practice. Note that all these advantages that we have indicated are provided to you completely free of charge, while offline consultation with a stock broker is usually always paid.
How to buy Starbucks shares in Hong Kong?
As we mentioned above, you need a broker to buy a stock. When you have chosen a reliable broker and decided on the investment method that you will use, you will need to register on an online investment platform. We remind you that an online investment platform is a software that is provided by a selected broker and with which you can perform all investment operations.
Signing up for an online trading platform is pretty straightforward. You don't need to spend hours together to open an account for yourself. Plus, there is usually no need to spend money here. To register, simply visit your broker's website, click on the registration request and enter the required details. Filling in the details on the registration form will hardly take a minute or two. The main fields you need to fill out are your name, email address and password. Be sure to accept the terms of the platform if you want to use it. To activate your account, follow the activation link that will be sent to your registered email address.
You will have the opportunity to open a free deso account. The system automatically credits a certain amount of fake funds to this account so that you can conduct your very first trial transactions without risk of losing real money. As a rule, the amount of fictitious money is quite impressive, and these pseudo funds are more than enough for practice at the beginning. In case it turns out that the training operations were ineffective and you do not have enough bogus funds, as a rule, you can restore them and try again.
The value of the demo report can hardly be overestimated. This is an exact copy of the real account, the only difference is that your actual funds will be in the real account. So with a demo account, you can obviously see how the system works: the best way to buy or sell stocks, a way to achieve a specific goal, like a multiplier, etc. At the same time, you don't risk your personal funds.
Naturally, you cannot withdraw cash from a demo account.
Real trading only starts when you deposit real money into your live account. The platforms offer you a list of ways to fund your account, usually card payments, bank transfers, and some other electronic payment services.
It is very important that you know about the commission before making a deposit, and then choose a payment method, choose the type of currency and enter the amount of your deposit.
You can withdraw funds from the account using the same payment systems as the replenished one.
How to start investing in Starbucks shares in Hong Kong?
So, to start investing in Starbucks shares in Hong Kong, you need to take the following steps:
- Search the Internet for a list of brokers who work online and work with Starbucks shares. Pay attention to the image of the brokerage firm on the market, what kind of work experience they already have, what kind of reviews. Also find out what commission is charged by the brokerage office for the services provided. Consider an online investment platform - is it easy to use, is there a demo account for conducting test operations, how much is available on the demo account, and can it be restored if necessary? Also check if there are technical analysis indicators available on the platform, stop loss functions and relevant information such as current stock prices, trading charts?
- Make a personal business plan, exactly what goals you want to achieve and what goals you pursue by starting investing - or is it a desire to earn money as quickly as possible, or a desire to protect equity capital from possible depreciation now and receive income in the future. This will determine what type of investment you choose, whether it will be a short-term or long-term investment. Depending on the type of investment and your strategy of behavior will be different. Also, be sure to determine the amount of initial investment. We suggest starting with small amounts when trading experience is still small, or even more so if you are a beginner. Invest such an amount of funds that, if lost due to an unsuccessful transaction, will not cause your financial ruin. We do not aim at unsuccessful operations, but we warn and remind you that investing is a risky thing, so you need to act here gradually and deliberately.
- Keep your finger on the pulse of the news. Remember that the laws of the stock market need to be learned, but there are still a number of factors that affect the price of assets. This is the political situation in the country and in the world as a whole, economic news, as well as news that, at first glance, do not relate to investment - these are man-made disasters, for example. Often such events are reflected in the activities of firms. Which ones you invest in, therefore, also matter a lot.
Remember that the risk you take when investing in stocks online depends to a large extent on your thorough knowledge, understanding of the functioning of the stock market, your ability to thoroughly analyze, as well as experience and even intuition.
Unfortunately, no one will say for sure whether you will be a successful player in the investment market or not, but once you try, you will not know for sure.
Open a free demo account on the platform and try yourself as a trader today!