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You know how people talk about stocks, right? Imagine your uncle at a family BBQ, spreading the stuffing and talking about how many Apple shares he has. Hold off on rolling your eyes; he's on to something
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You know how stocks come up in every conversation these days? Imagine your uncle at Hari Raya lunch, sipping kopi and bragging about his Apple shares. Don’t laugh just yet—he may have a point. Stocks can be unpredictable, but they have some actual value. Have you ever bought a part of a company? When you buy stock, that's what you're doing. You, my buddy, own part of it. Feels high-end. You might like coffee better than spreadsheets or your savings account better than Wall Street. But really, doing nothing with your money is like letting time steal it. The best part is that compounding may transform extra money into a lot of money. US stock market regulations for Malaysians Think about dropping in a little cash regularly. Give it some time to boil. Your investment builds like a snowstorm gathering speed because of compounding: the profits create more profits over time. You plant one seed and wake up to a whole forest. Stashing cash under your bed can’t do that. Let’s be real though. Stock markets go through mood swings. Prices can go up and down like a roller coaster, especially after shocking headlines or viral tweets. But throughout the years, the overall trend goes higher. Even when chaos seems to take over, holding on helps. There are always crashes and recoveries, like a pendulum that evens itself out. Seen how inflation wrecks your bank balance? A dollar now is worth less tomorrow; it's more like a wet biscuit. Stocks can protect your purchasing power. Compared to fixed deposits, stocks have outperformed in the long run. What about choices? There is a stock for every interest. It’s a feast with big IT companies, small startups, and flavors from all over the world. You can choose companies that you believe in, align with your ethics, or just make you laugh. Warren Buffett started with just one stock. He became a billionaire by reading corporate papers and consuming cherry Cokes. Stay sharp though. Don't dump your cash in one place. If things go wrong, having variety reduces risk. People call that "diversifying." Don’t get tunnel vision, that's investment 101. Before you get in, talk to experienced investors, study the basics, and start small. You’ll learn the ropes and maybe make a few blunders. Isn’t that the way it always begins? The potential? Markets shift daily, fortunes swing. That's up to you to chase. Don’t let it pass you by.