When buying shares you don't just pay the price of those shares there are lots of hidden costs.For example, if you bought a 1 000 Standard Bank shares at R70 each with Standard Bank online, you would pay either 0,7% of the value of the shares, or R89, whichever is the greater. On top of that you would pay UST (Uncertificated Securities Tax) and a Strate (share transaction totally electronic) fee
Read full article at Moneyweb.co.za
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