Content Recap:
If you are an active investor, there is a good chance that you have contemplated investing in Google at some point in the past. And if you’re new to the world of investing, you may be curious about how you might invest in Google from the United Arab Emirates.
The information contained in this tutorial will teach you a little bit more about the history of Google as well as how you may include this illustrious corporation in your investment portfolio.
In this article, you will find answers to the questions that are listed below, as well as some additional ones:
- How to buy Google stock from UAE?
- How much would you have if you invested $1000 in Google 10 years ago?
- What are some of the different ways to invest in Google from the UAE?
Along with Apple, Amazon, and Facebook, Google is regarded as one of the most successful and largest technology businesses in the world.
It offers a variety of products and services, including as a cloud computing platform, an online advertising platform, a search engine, software application products, and hardware items.
By purchasing shares of Google’s holding company, Alphabet Inc., which was established in 2015, you can make an investment in Google stocks (GOOG or GOOGL).
You don’t need hundreds of dollars to invest in GOOGL stock; all you need is AED 200 to get started if you believe that buying the company’s shares is the best financial move for you.
Google’s Stock History:
Since it was first offered to the public in August of 2004, Google stock has, on average, increased in value.
Within the history of Google, there have been two stock splits. On March 27, 2014, the company conducted its first stock split. The second stock split for the company was carried out on April 27th, 2015.
This return does not take into account dividends and assumes that an investment of $1,000 made ten years ago would be worth approximately $9,024.40 as of August 2021. This is a gain of 802.44%.
This is a chart of the historical price of Google shares going back 5 years, starting at $788 and going all the way up to $2,876 on September 2021. The chart covers the period from 2014 through 2021.
1. Buy Google Stock Through an Online Broker:
You can register an account with an internet broker if you want to buy Google shares and own the stock in UAE. This will allow you to do so. On the other hand, it is strongly suggested that you hunt for brokers who offer fractional shares of the company. If you do it this way, you won’t have to pay the whole price of a share of Google stock, which was $2,876 at the time this article was written. Instead, you can buy fractions of a share; for example, if you have $500, you can buy 0.17 of a share of Google stock because $500 divided by $2,876 is 0.17.
eToro is widely considered to be the best and most popular online broker in the UAE for investing in stocks and fractional stocks.
Buying Google shares through eToro can be broken down into the following steps:
Step1: Register to eToro
Click here to visit the eToro website, choose a username, email, and password, read the terms & conditions, accept them if you wish, and click Join now!
Step 2: Verify Your Account
Follow the steps in the verification process for the account, and supply the information that is requested, which includes your personal details as well as proof of your identification and residence address.
It will take eToro a number of days to examine the information and get your account properly validated after you have finished the verification process.
Step 3: Fund your account
eToro is compatible with a variety of online payment systems, including as PayPal, Skrill, Neteller, Visa, MasterCard, and WebMoney, amongst others.
You are responsible for knowing that the minimum deposit is $50, and the platform will not let you to deposit any less than that amount.
Step 4: Buy Google Stock!
You can now consider your account to be validated and funded. Now is the moment to invest in your stock of choice.
Simply type “Alphabet” into the search box at the top of the page to locate Google stock.
After selecting the quantity of Google stock you wish to purchase and clicking “Trade” on the Alphabet stock that you have selected, the stock will be added to your portfolio.
2. Buy Google Stock CFD Through Trading Platform:
Purchasing the stock CFD of Google from the UAE is another way to invest in Google.
When you buy a contract for difference (CFD), you are not actually purchasing the underlying stock; rather, you are placing a wager on how the price will change. To put it another way, if you take a long “Buy” position and the price goes up, you will gain money, and the opposite is true if you take a short position.
Now, the question that is going to pop into your head is going to be, “Why would I want to buy the stock CFD when I already own the stock itself?”
In point of fact, due to the availability of leverage offered by CFD brokers, many traders and investors would rather trade in CFDs than own actual stocks. Because of leverage, even if your initial investment is only one thousand dollars, you will be able to open massive positions as if you are trading with ten thousand or one hundred thousand dollars, and you will be able to make the same amount of profit as if you were trading with those large amounts.
In the 2016 Wealth and Finance International Awards, XTB was recognized as having the “Best Trading Platform,” and in 2018, the company was ranked as having the best overall performance as a Forex and CFD Broker.
They simplify trading, and their customer support staff is available to assist you with everything you could need, from setting up your account to executing trades on your behalf.
3. Buy an ETF That Holds Google Stock:
If you want to get exposure to Google but don’t want to invest in a single individual stock because you believe it’s risky to put all of your money in one asset, then you might want to consider investing in an exchange-traded fund (ETF) that holds Google in addition to other technology and next-generation internet companies. If you do this, you’ll still get exposure to Google.
There are a lot of outstanding exchange-traded funds (ETFs) that give you exposure to Google. One illustration can be found down below. One of the greatest exchange-traded funds (ETFs) to invest in if you want to get exposure to Google and the technology industry in general:
Vanguard Information Technology
This exchange-traded fund follows the performance of a broad index of companies operating in the information technology industry, which the company classifies as consisting of three subsectors: hardware, consulting, and software.
- 5 Years Performance: 277%
- PopularHoldings: Apple, Microsoft, Google, Visa
- ETF Symbol: VGT – 25%
How to Invest in ETFs in UAE?
You need to have an account with a brokerage firm that is registered with the exchange in UAE where you want to trade ETFs in order to acquire exchange-traded funds (ETFs) on your own.
If you are not an experienced trader, we strongly advise you to sign up for an account with eToro. It does not charge any commission for trading stocks or exchange-traded funds (ETFs). You can also profit from social trading by watching the portfolios of other individuals and replicating the transactions of the traders who have the most success.
4. Buy Google Stock Through a Financial Advisor in UAE:
You can seek the assistance of a financial advisor if you are unsure of how to handle the situation on your own, or if you do not have the time to conduct research and keep up with the latest news and market trends. They are responsible for remaining current on all of the latest market trends and prospective possibilities. You can tell them that you want to invest in Google (Alphabet), and they will help you set up your investing account, advise you on the best time to enter the market and help you build a stocks portfolio that will allow you to achieve your financial goals. You can tell them that you want to invest in Google (Alphabet).
You are free to conduct your own study in order to locate the most qualified financial advisor in the UAE. In addition to that, you can look at the list of our recommendations. This list was carefully selected by us based on a number of factors, including the individuals’ levels of popularity, the quality of reviews they have received, the robustness of the organizations they work for, and the breadth of services and goods they offer.
Bottom Line:
It is widely anticipated that Google will continue to dominate the technology and search engine industries for a considerable amount of time. Google now holds the position of industry leader in both of these sectors. Therefore, even if you missed the opportunity to engage in it in the past, there is still time to do so in the future; nevertheless, the most essential thing is to get started right now! I hope everyone’s trading goes smoothly and that everyone stays safe!