Monte dei Paschi di Siena, who doesn't know it? It is the oldest bank of Italy founded in Tuscany during the Renaissance era in 1472.
For centuries, the bank enjoyed an excellent reputation, many believed that it was managed prudently and profitably. Its financial stocks have been for a very long time and are still traded on the stock exchange today.
Thousands of shareholders have shown considerable interest in the listing of Banca MPS shares, despite the financial scandal that occurred in 2008 and the collapse of the listing on the stock exchange in Piazza Affari.
Would you like to buy MPS shares too? Would you like to follow the example of many shareholders and invest a part of your assets in the oldest bank in Italy?
Well, today I will explain how to do it, we will see together how to move in the world of the stock market and online trading in a simple and totally safe way to buy your much desired shares without risk.
MPS shares what to do
It is one of the most profitable investments this year. The bank that operates in the financial services sector has begun to review after many years, the growth in the value of its stock. Before buying MPS shares, there are a few details you shouldn't forget to know what you're up against.
Of course, it is important to know the history of this banking institution and not to underestimate the problems it is trying to get out of. Before the serious financial crisis that hit MPS in the past years, the bank's shares were bought in the traditional way, through one of the different branches of the credit institution.
To date, given the minimal value of its shares, the number of shareholders who have decided to invest in MPS has significantly increased. However, to purchase MPS shares and to avoid paying the high commissions required by the bank for this type of operation, many investors have turned to one of the numerous online trading platforms found on the web.
Once you have followed the steps to register on the site, you can finally start discovering the world of online trading and start investing in stocks. You simply need to access the "markets" section and locate your favorite:
- choose the capital to invest;
- indicates the direction you want to give to the trade (purchase or sale);
- establish leverage and set your stop loss and take profit to safeguard the capital you have invested;
- confirm the operation.
Obviously, you can also carry out these operations in the demo mode in order to improve your skills and try your strategy, before investing your capital.
Conclusions
Since the financial crisis hit MSP, the bank's shares have plummeted, dropping more than 70% of their value.
Despite the difficulties faced and thanks to all the efforts made by the government, the management and the investors, Monte dei Paschi di Siena has managed to get back on track, with an increasingly positive trend in the market.
Anyone wishing to invest their capital in Monte Paschi di Siena must always keep their objectives in mind and move with extreme caution.
In a short time you will be able to learn the secrets of online trading, start earning large sums and you can always keep an eye on the progress of your investments.