I am a college student. My main aim is to open trading and CDS account so that I can buy shares. The first investment company I think of is Maybank Investment Sdn Bhd because it is popular. Or can u guys introduce any investment company that is good for trading shares? I have few questions to ask in here.

1) In order to open Maybank trading account and CDS account. Do I need a saving account in Maybank first? If yeah, does that mean when I buy shares online the money is deducted from my saving account from Maybank?

2) I have seen Maybank website online and there are 3 packages of Maybank saving account. Maybank2u Savers (2.25% interest, minimum RM250 deposit) , Kawanku Saving Account (0.35-1.65% interest), and Basic Savings Account (0.35-1.65% interest and require minimum Rm20 deposit).

But when I went to Maybank counter to inquire about it, they say there is only one type of saving account and it offers 0.03% of interest p.a only and if no transaction within 3 months they will block your account and have to pay RM8 annually. But from Maybank website I didn't see such package. May i know is it whether the Maybank website didn't update or the staffs there didn't know there are other type of saving account available?

3) Is it possible to buy/sell shares online all by myself without calling broker to do things for me?

4) May I know why with a nominee CDS account we can't buy IPO shares? Is it because IPO shares are riskier?

5) I have read book that says buying share is better because it offers 8%, or 10% interest rate etc.. compared to Fixed deposit which is lower. The question is do we know how much interest rate the company's share offers before buying?

6) I have already read some local books about basic stock trading. Should I read those technical analysis, moving average, fundamental analysis books first before entering into stock trading or get practical first?

thanks for your info. But what is a trust account? Do I have to open trust account? I read online it says it is for minor

If trading account is where I put my money in and buy/sell via broker.

But what I dont understand is why they want me to open saving account with Maybank first before opening Trading and CDS account? What has the money in saving account got to do with that?

Hi all sifu please guide me on this stock concept. i have read quite some basic stock trading books but i haven't started playing yet and is still confused. There are 2 main questions that I still don't understand about calculation of stock trading

1) Those books at first talk about the magic of compounding and say why it is important all that. Then they will give an example of calculation with different ROI and say why it is important to have high ROI. For example this one.

"If you invest $2k yearly for 35 years with an interest rate of 12%. At the end of 35 years you will have $1.08m."

My question is about the 'interest rate 12%'. Is it possible to know the % of interest for this particular stock? I mean is the interest rate % constant all the time? What if there is any economic downturn like the 2008 crisis will it still give me 12% every time? The book mentions like the 12% interest is consistent throughout the 35 years without any changes.

2) Using the above example, it says 'invest $2k yearly for 35 years'. Does that mean every year I use $2k to buy that particular stock for 35 years? Which means I will spend $70000 ($2k x 35 years) throughout my 35 years life? Does that also mean I have more and more of that company's stock as time passes by?

This post has been edited by SkyHermit: Aug 22 2014, 12:37 AM

Some books use 'interest', some use 'ROI. Are they the same?

And CAGR can only be obtained after I have observed the return I have made right?

2 different books here