QUOTE(mycrystalhouse @ Oct 27 2008, 02:45 PM)
Sorry if offended, but i strongly disagree with what you say. Malaysian used to think that students should just focus on their study but this type of thinking is outdated. many teenagers with the same age like us in other countries have started to invest since they are in high school. It doesnt need u to be more than 23 years old to start investing. If you start right now, you will be a big step ahead of other teenagers who are still spending most of their time playing games and watching porn.
I think it is a wise decision to put RM 2k as your first shot. Actually now the min brokerage fee is RM 12, not RM 40 as what someone mentioned earlier. I am using OSK online trading and the min brokerage fee has been changed back to RM 12.
My advice to you is to learn more about stock market, pick a company and let invest in it for long term. Now we are currently in economic downturn and this is a good opportunity for you to grab up cheap stocks.
Last thing to share with you. Do you know how old Warren Buffet started investing in stock market? It is 11 years old. ( Primary 5 for Malaysian).
All the best for you.
Everyone is entitled to their own opinion, so what u propose may or may not be wrong because its ur money and u call the shot.
Of course, if u do call the shots u must also be willing to bear the consequences of your action.
***
I work in a Legal Dept (formerly from a futures broker) for an Investment Bank, need i tell u how many bankruptcy cases i see in a day involving those age 30 and below?
It's a sad fact being bankrupted at such a young age when the person has such bright future in front of them.
Alot of us see the "profits" shares and futures trading can bring to us, but they neglected to do proper risk management before they start pouncing right into it.
The trade beyond their safety net.
Our bank charges an interest of 11% + penalty of 2.5% (not exact figures but close) , this is special interest for defaulters.
you do the math.
This post has been edited by aurora97: Nov 5 2008, 10:20 PM 
Jan 10 2008, 10:47 PM
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Cannot be lah.
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