Are you sceptical about stock market investment? Should one rely solely on a robo-advisory wealth management platform or personally invest in the stock market to grow one’s wealth? If you believe in integrity, would you invest in a company that display a lack of ethics?
Read what Timothy Teoh has to say about investing in the stock market in True Meaning Of Investing which appeared in the New Straits Times on Sept 15, 2021.
This was my first article for the NST-Tradeview collaboration, which featured Timothy, a Malaysian tech whiz who had started his career as the technical director and initial web developer of Nuffnang, which was founded in 2007.
Since Sept 15 till to date, I have interviewed a total of 20 personalities. In this post, I’m recalling the stories of Timothy, Muzahid and Adam.
“It’s normal to have profit and loss, ups and downs – as everything carry a certain degree of risk. It’s part of life. It’s important to understand why you’re investing in the first place and what kind of core values resonate with you. For example, if you believe in integrity, would you invest in a company that display a lack of ethics? I take these principles and embed it into my life and business endeavour,” said Muzahid Shah Abdul Rahman, the chief executive officer of a digital transformation company called SteerQuest Sdn Bhd.
His story A Corporate High-Flyer Turned Entrepreneur Believes In Malaysia’s Economic Potential appeared on Sept 22, 2021.
After Muzahid, the third story Treat Stocks Like Business focused on small business owner Adam Yeap.
With his annual sales of RM2.5 million dwindling to zero due to the Movement Control Order restrictions, Adam Yeap was glad he had invested some money in the stock market as it was generating some passive income.
Adam grew up in a household that did not have much faith in the stock market. His relatives and friends previously had bad experiences with investing in shares.
“Hearing all the negative stories about the stock market made me sceptical, too. I tried investing in the US stock market in small quantities but I was not an avid retail investor back then. I always believed that my own business ventures would deliver the best return on investment,” he said.
However, the pandemic reshaped his perspective. Apart from business, one should have passive investments too.
Latest stats reveal that there are 801 companies listed on the Malaysian stock exchange, the Bursa Malaysia. Of these, 305 stocks are Shariah Compliant.
Stock investment lets common investors participate in the financial achievements of the companies, make profits through capital gains, and earn money through dividends—although losses are also possible.
Leave a Reply