Oct 27 2008, 02:45 PM
QUOTE(aurora97 @ Jan 10 2008, 11:56 PM)
quote
"still a student"
if ur still a student my personal opinion is stick to your studies no offence...
share trading can be time consuming and tedious, if ur new try and read and gain more knowledge first dont jump immediately into trading. No point suggesting any counters, because if anyone says that that XYZ company counter is very good andyou will make tonnes of money from it I will say he/she is a lier.
Buying stock is a very subjective matter, it all depends on u reading the materials in the market and doing homework first before u rush in to the market and get slaughtered.
On the other hand, hope is not that bleak for u I suggest u start a unit trust account it works great in a bull market and steadier returns.
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 Malaysian used to think that students should just focus on their study but this type of thinking is outdated.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."still a student"
if ur still a student my personal opinion is stick to your studies no offence...
share trading can be time consuming and tedious, if ur new try and read and gain more knowledge first dont jump immediately into trading. No point suggesting any counters, because if anyone says that that XYZ company counter is very good andyou will make tonnes of money from it I will say he/she is a lier.
Buying stock is a very subjective matter, it all depends on u reading the materials in the market and doing homework first before u rush in to the market and get slaughtered.
On the other hand, hope is not that bleak for u I suggest u start a unit trust account it works great in a bull market and steadier returns.
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.
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