Dec 7 2021, 03:51 PM
also depends what type of investor you aim to become..
1. Sharks - buy any good stocks, even if they are less known stocks and sell for high return. High risk since need to know finance report much deeper. Also need to keep monitor the stocks. Only for the experienced people. Else risk lose a lot.
2. Long term investing - invest in good stocks.. with less fluctuations. Earning power likely less. More to focusing on dividend payout and long term holding for increased stock value when sell.
3. Foreign investing - buy stocks overseas. Be aware that some stocks have higher withholding tax. Go for Irish Domiciled if want 15% tax. Also beware next year got FSI tax for incoming funds from overseas when u sell. More troublesome to buy foreign stocks also. View "Ziet Invests" youtube channel he got give very detailed steps on how to start investing overseas. Best broker here is IBKR - Interactive Brokers.
4. local investing - after budget 2022 announce many stocks went red. Prosperity tax la, stamp duty increase la, etc. Many people say our local stocks suck compare to stocks elsewhere such as US stocks. I only focus on long holding stocks here to diversify. Can use Mplus if want convenient local stock broker (low fees). Be aware that minimum FPX deposit is RM1000 each time.. better to transfer a bit more than regret later.
5. crypto investing - best avoid now as prices are in the red for all crypto. not sure what happened. If you confident can buy some for low price and sell when high later. But not sure how low they can drop some more, also not sure how long need to hold before can sell for a profit. Super volatile market that operates 24/7. Best platform for this is Luno.
6. relying on Robo advisors - such as Stashaway. But here you learn less as basically you let someone invest for you. Got fees involved and most ppl say not worth it if hold long there as the per annum fees add up to a lot. Buying via Public Mutual Fund also same thing just that relying on real human. You can buy here a bit to test out.. I myself also monitoring see how it goes. Plus side is super convenient and got tools like auto mthly deposit etc to help you save easier.
I think got other type of investors also.. others can feel free to add.
I also new just started last month.. don't give up and keep learning. Best type of fund manager is yourself as you learn for future investing. Also get to save on fees charged by fund managers!
Best advise I can give is don't sell unless if you need the money (or u shark very sure), invest only if you have extra in hand (pls keep some cash for your family needs). Recommended to have 5-6 months of salary at hand in case need it later (esp if u have family like me).
(all the tools/sites I recommend are local SC regulated except for IBKR - however this is popular and regulated at US).
This post has been edited by Davidtcf: Dec 7 2021, 03:58 PM
Beginner in stock market(self learning)
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. The reason why they do this is because of Malaysia's economic and political reasons I think. 
. Hard to hold long term in bursa..not a lot of stocks on bursa you can hold long term. If cant follow operator, buy blue chips lor..but bursa blue chips performance kinda shit lately. Those small caps are manipulated by different operators..big caps usually epf.
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