We just want to put it out there that no amount is too small to invest. You don’t necessarily have to dump in a lot of capital into whatever you are investing for starters. You just have to start somewhere. Sure, you may not be able to purchase a property with only a couple thousand bucks but there are plenty of other investment options out there such as Robo-advisors, capital gains, dividends etc to help you slowly kick-off your investment journey.
You can start by saving a certain percentage of your income every month (even if it may be a couple of hundred ringgit), and instead of letting it sit idle in your account that will not make your money grow, invest it and let it work for you. This requires some amount of discipline if you are used to using up all you have in your account before the next paycheck, but if you start making it a habit, it will eventually become your lifestyle.
Bear in mind that you can only learn if you have some skin in the game; you can’t just sit by the bleachers, wanting to watch what happens first before getting down and dirty. Investing is very much like a sport game: you can only get better if you practice, learn the ropes to grasp multiple concepts before you can build your confidence to invest more (wisely) and diversify your portfolio.
There are of course advantages and disadvantages to starting small:
Aside from slowly saving up, you could also begin your journey by reading up books and articles about investments. This will help you understand investing better and give you the confidence to let your money go and grow. You may follow our Facebook Page to get the latest posts and market insights to understand the stock market better if that is where you want to start with. Once you’ve levelled up, you may get an even deeper insight on stocks by studying the reports by our research team
To open a CDS account with M+ Online visit https://registration.mplusonline.com
Start now and start somewhere.