HDS #18: Stock Investing 101: Money Questions & Mistakes
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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