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Introduction
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10 things to know
- Before you get started, set some investment goals
- Save and invest now!
- Invest early to beat inflation and to benefit from compounding
- Invest consistently
- Balance risk and return
- Invest in different products, not just one!
- Avoid high fees
- Do NOT sell in panic
- Do NOT take on debt to invest
- Beware of scams
- Quiz: Investing 101
Save and invest now!
Start by saving at least 5-10% of your salary! The day your salary comes in, take aside 5-10% of the total and save it. If you earn RM2,500, then you put aside RM125-250 or whatever you can afford to start with.
Now to make your savings work for you, you need to invest it. There are many investment options available including Fixed Deposits, EPF, Amanah Saham, REITS, ETF, Unit Trust Funds, and Stocks.
click here to learn more about how to set your savings goals
