The Star Malaysia - Star2

Create the life you aspire to have

-

ARE you saving money habitually but still finding it hard to meet your financial goals? If yes, then it’s time to make your money work harder for you.

In today’s economic climate, convention­al savings may not be sufficient to support your lifestyle needs.

With rising inflation, if you are not actively growing your savings, you are essentiall­y losing money.

Whether you are looking to strengthen your financial security or have specific goals in mind, such as sending your kids to college or funding a vacation, investing in shares could be an avenue to fulfil your aspiration­s.

Investing your money strategica­lly in the share market is known to potentiall­y yield higher returns and capital appreciati­on compared to saving convention­ally in banks.

While share investment is not a risk-free activity, the stock market can open you to all types of investment opportunit­ies to help you grow value.

With the right financial knowledge and investment in the right companies, you can essentiall­y use share investment as an alternativ­e form of passive savings that can generate passive income to help you create the lifestyle you desire.

Many have this notion that investing in the stock market is daunting and complicate­d.

Based on this insight, Bursa Malaysia, through its one-stop learning portal Bursa Marketplac­e, provides beginners with free educationa­l workshops and seminars on share market trading in a simplified and easy-to-understand manner.

Furthermor­e, with tools such as the “Screener” to filter stocks based on your investment criteria and the “Alpha Indicator” that scores stocks on a scale of 1-10 to ease the stock selection process, it is relatively simple to start your investment journey and participat­e in the growth story of companies that fit your investment profile.

Investing in shares is not that costly either. If you think that it requires a huge capital to invest in shares, imagine the cost of having a regular latte at a swanky café for 30 days.

Sometimes it only takes as little money like that to invest in shares and as a result, it may potentiall­y upgrade your lifestyle manifold.

To start trading, all you need to do is to open a Central Depository System (CDS) account by providing your identifica­tion card number and latest bank statement to your preferred broker.

Go to www.bursamarke­tplace. com for the list of brokers and while you’re there, remember to also register yourself as a user to obtain the latest market data, insights and trading ideas.

If you are always on the go, you can also download the app for informatio­n at your fingertips.

By putting in some effort to learn about smart investing and exercising prudence in your trading decisions, you can be well on your way to achieving your financial goals.

Bursa Malaysia is an exchange that is home to more than 900 companies across 60 economic activities, making it one of the largest bourses in Asean today.

The Exchange offers individual stocks, exchange-traded funds, mutual funds, real estate investment trust, bonds and fixed deposits.

■ For details, look out for the advertisem­ent in this StarSpecia­l.

By putting in some effort to learn about smart investing and exercising prudence in your trading decisions, you can be well on your way to achieving your financial goals.

 ??  ?? Share ownership allows you to generate passive income to help you achieve the lifestyle you desire.
Share ownership allows you to generate passive income to help you achieve the lifestyle you desire.

Newspapers in English

Newspapers from Malaysia