You would have read by now that investing the share market in Bursa Malaysia does not rely on luck (although it might help in some ways). In fact, your investment portfolio and its success hinges on a lot of homework and study before you can be profitable. You cannot and should not invest blindly or through insider news which are often not concrete and could cause you to suffer losses.
Hence, what should you do in order to find out what are the most sound investments you should venture into.
Get the latest information
In the past, if you want to invest in company’s stock, you are very much limited to certain literature like the company’s annual reports, company profiles and perhaps some public announcements. Occasionally, there are some who claims to have ‘insider news’ and such which will then drive investors to buy their shares. This is still the safest method that many investors are using today except that now there are more ways to find out about the company than what was available previously.
Get on the internet to find out all you need to know about a specific company and its stocks. This is where you will be able to find the likes of articles, tutorials, market analysis and such all of which will help you tremendously on which stock should you buy and which one to avoid. Basically, official and unofficial announcements will surface on the internet and it will then give you a picture of what to expect in the near future.
Learn techniques and methods from books
There are all types of books available today and among some that you can find all over the bookstores are new technique and methods of investing in the share market. This is where you must find the right books that are written by share market gurus like John J Murphy, Benjamin Graham and others who would be able to offer great advice and technique on buying the right stocks for you.
Alternatively, you can also find these resources on the internet but you have to be cautious of what you are reading where you should identify the right people and not read from just about anyone who claims to be an ‘investment guru’. Where possible, you should look for authors who are Malaysian investors if you are investing through Bursa Malaysia because they will be able to offer you with a more local perspective of investment.
Mingle with the right crowd at the right places
Identify the seminars and talks that cover topics on investments and trading. You will find that they are usually held by experts or professional traders where you will be able to gain much insight on investing your funds. It is at these events that you will be able to gauge new tips and tricks where they will be sharing them with you. These events are usually not cheap and you might have to pay a fee to attend. Look at it as a form of investment because you will surely benefit from the. On top of that, you can also mingle with other investors where you might be able to obtain new market insights and sentiments from the seasoned investors.