Here's the easiest way to buy and own Google stock (Class C) for anyone to start saving large foreign companies stock in the US. The articles and methods described here are very suitable for beginners or people who are new to investing in giant companies on the Wall Street stock exchange, US.
In this way, anyone from students, university students, civil servants, contract workers, entrepreneurs, entrepreneurs, employees, old, young, male/female, can buy Google shares from Rp. 15 thousand ($1) only. Save stocks early.
List of contents:
About Google
Google Revenue
Google Stocks
Google Stock Performance
How to Buy Google Shares
FAQ
About Google
Who doesn't know Google! Almost everyone knows what Google is.
Google is a technology company that is famous for its search engine (search engine). Even this company was originally established (1998) with search engines as its main product.
Now Google has transformed into a giant company with various service products such as YouTube, Drive, GMail, Photos, Maps, Translate, Android OS, Chrome, and so on.
Since 2015, Google LLC which was originally the main company turned into a subsidiary company of Alphabet Inc.
Now, Google is the largest subsidiary company of Alphabet as its parent company.
Google itself has been IPO since 2004 with the current price of $ 85 per share.
Oh yes, Google was founded by Larry Page and Sergey Brin along with Scott Hassan as the unofficial lead programmer who coded the search engine in its early days.
Company Income
As an information technology company specializing in Internet products and services, Google earns the majority of its advertising revenue.
Google also manages Adsense, Adwords, and Admob which are advertising platforms across the entire Google product network including those appearing on YouTube and Android apps.
Apart from advertising, Google also earns revenue from services such as Google One (Drive and Photos) and Google Cloud.
Eh, Google also sells cellphones. Have you ever heard of Google Pixel, right? Android smartphone at the flagship level which is phenomenal because of the photo and video quality.
Google's revenue also always increases drastically, it's only natural that the stock price always has an increasing trend.
After its IPO in 2004, Google reported a 700% increase in profit in the third quarter of 2005. This is because most large companies have shifted their advertising strategy from newspapers, magazines, and television to the Internet.
Google Stocks
Google was listed on the stock exchange for the first time on August 19, 2004 at an IPO price of $85 per share.
Google stock performed well and continued to rise dramatically after the IPO, with the share price reaching $350 for the first time on October 31, 2007. This was mainly due to strong sales and revenue in the online advertising market.
Google was listed on the NASDAQ initially under the code GOOG. Then, Google shares were split into 2, namely class A shares (class A) with the code GOOGL and class C shares (class C) with the code GOOG.
Class A shares refer to a classification of shares that typically have more benefits than common stock in terms of dividends, asset sales, or voting rights than Class B or Class C shares.
Class C shares, also class B, is a term for a class of shares of ordinary shares or preferred shares which (by their nature) can strengthen voting rights or other benefits compared to Class A shares that have been created.
In short, class A is in the highest caste with higher prices, but also high privileges.
In short, if class A shares are premium shares, then class C shares are stocks that are more suitable for retailers. Therefore, in Gotrade, only GOOG shares are available which are class C shares.
Google Stock Performance
Let's take a peek at how Google's stock has performed so far.
When compared to its IPO price of $85 in 2004, its Class C shares are now in the $2900s USD price range, the capitalization value will certainly be higher if the Class A shares are also taken into account.
In the last 5 years alone, the performance of Google's Class C stock (GOOG) has increased dramatically from $760 (November 2016) to $2992 (November 2021 – as of this writing).
There was the deepest decline in 2020 at the start of the COVID19 pandemic. But after that, Google's stock not only recovered but actually skyrocketed significantly.
How to Buy Google Shares?
Google (Alphabet) is a company based in the United States (US) that has not/hasn't listed on the Indonesian stock exchange, so investors cannot/have not been able to buy Google shares through local trading applications such as Ajaib, IPOT, Stockbit, and so on.
Then do you have to go to America, or do you have to install an American stock trading application, or do you have to register with a security company in America, do you have to have a US VISA, do you have to change your nationality?
Calm! Now buying Google shares (GOOG) is very easy.
Not only easy, but also affordable with a fractional share mechanism. This means you don't have to buy 1 lot to buy GOOG shares.
Can't imagine how much it would take to buy 100 shares of GOOG x $2990 x ($1 x Rp. 14,500)?
Now even a student can buy class C Google shares.
Condition:
Have a minimum of $15
Have a smartphone
Have email
Have an account number (BCA, Mandiri, BNI, BRI)
Steps:
Download the Gotrade app from the Play Store or App Store.
Install Gotrade.
Sign up with an email address. Use token 386990 or register via the link https://heygotrade.com/referral?code=386990
Make a deposit to your Gotrade account (How to deposit).
In the search menu in the Gotrade application, type GOOG
Tap Google(GOOG) and you will be redirected to Google stock page.
Tap the TRADE button at the bottom.
Select the BUY menu.
Then select the menu Buy In dollars or Buy in shares.
Enter the total value of USD $ (buy in dollars) or the number of shares (buy in shares) you want to buy.
Tap the Preview Buy button.
Swipe up to confirm purchase.
Done.
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