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General Category => Off topic => Topic started by: Jack.Power on February 13, 2015, 08:20:34 pm

Title: Advice for a new start-up
Post by: Jack.Power on February 13, 2015, 08:20:34 pm
Hi all,

I am in the process of building a new stock brokerage solution that provides significant discounts on transaction fees compared to traditional brokerages by harnessing the power of group investment. Think of it as Groupon meets stock brokerage.

I am looking to get some feedback from potential customers as to current investing behaviours and interest in the new service to help me best shape the service. To this end I have created a survey and now need some respondents :). If you do have the time to help me out by completing this survey it would be much appreciated, the link is:

https://www.surveymonkey.com/s/6BJWX8B

If you do complete the survey and provide your e-mail address for future reference I have arranged a small token of my appreciation for you. Get to the end to find out what it is!

Thanks in advance for your support,

Jack
Title: Re: Advice for a new start-up
Post by: rjthomas on October 08, 2015, 01:02:59 pm
Please share your findings. I will gladly join your group share buying scheme, especially if it's easy to use.
Title: Re: Advice for a new start-up
Post by: Patrick on October 08, 2015, 02:53:59 pm
In the past there was a big need for this, with minimum brokerage fees, and high percentages. But this position has mostly been filled by easy equities, who have no minimum fee. You can also own a partial share, ie if you invest R800 in naspers, you get the benefits of half the holding, someone else would own the other half. As a bonus you get to choose which shares to invest in.

As a groupon/broker I'm not sure I'd want to invest in the same thing everyone else does. Unless there is a very significant fee discount, and a rock solid company and contract protecting my assets. Can you get lower than 0.25% with no minimum?

I did fill in the survey but you never revealed what the token would one day be...
Title: Re: Advice for a new start-up
Post by: jaDEB on October 08, 2015, 04:35:27 pm
Jack.Power only posted this on February 13, no other posy's. So I do not think he has been back to see replies.