When thinking about investing in the Stock Market, it is common to believe that you need to have thousands of pesos in a bank account. Fortunately, this myth is disappearing, because thanks to technology, now you can invest with just a few pesos.
The adoption of technological tools allowed the costs of brokerage houses to decrease, and that they were able to offer the opening of accounts with amounts from 100 pesos.
You don’t need to have specialized equipment either, investments can be made from the comfort of your smartphone. All you need is an internet connection and the download of one of the applications that exist to invest. It is important to note that before opening an account you should check that the application is backed by a financial institution.
The ease of opening accounts and the decrease in the minimum amount to operate have encouraged the creation of new investors in the country, in fact in two years, the number of investment accounts in Mexico multiplied almost 10 times from 299,582 in December 2019 to 3.1 million in December 2021.
But what can you invest in? There is a whole range of options offered by the market to invest, from cetes to shares. Here we present you, the actions that cost less than 10 pesos.
Shares of less than 10 pesos
The global economic situation has led the main stock market indices to register a decline so far in 2022 and the Mexican Stock Exchange (BMV) has not been the exception.
So far this year, the main index of the BMV, the S&P/BMV IPC, accumulates a drop of 15% to 45,400 points, close to its lowest level since January 2021. This drop may represent an opportunity, since Historically, over the long term, indices always tend to go up. For example, in the last 10 years, the S&P/BMV IPC registers a rise of 25%.
Of the 35 companies that make up this index, only one has a price of less than 10 pesos: Cemex, one of the main cement companies worldwide.
But in the Mexican market there are more than 140 companies whose shares can be purchased, of which 30% have a price of less than 10 pesos, although some of them are very little liquid, that is, it is difficult to buy them. and sell them.
Although the share price of these companies is less than 10 pesos, it does not always mean that they are a good investment opportunity. Specialists recommend that before investing the company, its financial results and the risks it runs, what they call the fundamentals, be analyzed. It is also important that each person knows their risk profile (that is, how much they are willing to lose) and their investment outlook (how long they plan to have that money invested), so that they can put together the strategy that best suits their needs. .