HDS #23: Beginners Guide to Stock Investing Abroad

All over social media and the news, we see headlines of companies outside Malaysia increase, from Gamestop to Tesla to Alibaba to Zoom. Have you wondered how on Earth do you get to buy stocks from these companies? Investing in companies outside of Malaysia is not that straightforward (a few caveats aside, like investing in ETFs through robo-advisors). First, we need to register for a brokerage account and go through their verification process, which can take weeks to months. Beyond that, we probably need to have a good amount of capital before even considering buying individual US stocks. Then, you have to figure out how on Earth do you most affordably convert your hard-earned Ringgit into currencies like USD or SGD, and not lose too much money before finally being able to buy your coveted Apple stock. 

Today's episode breaks down these complicated steps into simple ones, with Gracie, the founder behind RinggitFreedom.com. I invited Gracie over to share her journey towards finding the right brokerage for her, after her very extensive research into brokerage accounts abroad that are available to Malaysians.

03:07: Gracie answers 5 quick-fire questions
08:56: Why should you explore investing outside of Malaysia?
10:48: MUST LISTEN if you are actively contributing to EPF
12:22: How should people start investing outside of Malaysia? What to do?
16:16: How did Gracie decide on her brokerage for her international stocks?
20:43: Gracie's investment philosophies for investing abroad
24:51: Common misconceptions about investing abroad
26:58: Gracie's valuable lessons investing abroad

Gracie's Instagram: https://www.instagram.com/ringgitfreedom/
Gracie's Blog: http://ringgitfreedom.com/
Her Duit Instagram Page: https://www.instagram.com/her.duit/
Her Duit Facebook Page: https://www.facebook.com/herduit
Her Duit Perks: https://linktr.ee/herduit