We continue our conversation on beginner stock investing with Yee Ping in this episode. Starting by clarifying the common terminology of the stock market (that we have heard of but want a simpler explanation) and answering your common questions and fears about having little capital and on the risk and fear of losing your money.
01:08: What are dividends?
03:36: What are blue-chip stocks?
04:46: What are ETFs? ETFs vs individual stocks?
07:50: What are large-cap vs small-cap companies?
08:51: What to do if you only have a small amount of money to invest in stocks?
10:41: Listener Question: What to buy if I only have RM3,000 to invest in stocks?
12:09: How to know if you made the wrong choice?
15:18: Common mistakes that beginners make and we should avoid!
18:50: Red flags to notice when investing in stocks
20:50: Navigating the stock market during Covid-19
21:52: Listener Question: What to do when stock market tanks & my stock value falls by 50%?
23:25: Buying the dip: yes or no?
25:14: How to have the confidence & comfort to start investing?
26:46: Final advice for listeners who want to kickstart their stock investing journey today.
Book recommendations from Yee Ping:
On behavioural finance:
1) Thinking, Fast and Slow, Daniel Kahneman: https://www.goodreads.com/book/show/11468377-thinking-fast-and-slow
2) Nudge: Improving Decisions About Health, Wealth, and Happiness, Richard H. Thaler & Cass R. Sunstein: https://www.goodreads.com/book/show/3450744-nudge
On investing in general:
1) The Intelligent Investor, Benjamin Graham: https://www.goodreads.com/book/show/106835.The_Intelligent_Investor
Other resources:
Bursa Malaysia website: https://www.bursamalaysia.com/
Bursa Marketplace: https://www.bursamarketplace.com/
I3 investor: https://klse.i3investor.com/
News (The Edge): https://www.theedgemarkets.com/
Terminology (Investopedia): https://www.investopedia.com/
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