Joy of Trade

When I discuss investing in the US market with friends, they often share what they believe to be the truth about it. However, these beliefs are frequently incorrect. I share my thoughts below:   Myth 1 about US market: I'm s truggling to manage the Malaysian market and still exploring the US market?   The Truth: For the past ten years, investing in US index (ETF SPY) and you could have made 180% profit, compared to KLCI you still losing 11%.  US market has gone in uptrend for the past many decades mainly due to: i) Inflation - As inflation rises each year, increased consumer spending will directly translate into higher revenue for U.S. companies. ii) Increasing wage, population, consumer growth , the explanation is same as i) iii) Political stability (unlike CN or MY which scare many investors away, thus market remain weak in long term) iv) Periodic Changes in Index - Companies with weaker performance will be periodically replaced by stronger ones within the index's c...

   Hello there!  Introducing the launch of our eIPO in M+ Global Mobile App! You can now subscribe to IPOs via our M+ Global in just a few easy taps: After login M+ Global - Trade - Bursa (upper left) - IPO below the "Asset" Steps to open M+ Global account: https://joy-of-trade.blogspot.com/2024/06/want-to-open-m-global-myushk-account.html      OR~ You can apply for IPO shares via internet bankings, like Maybank, Public Bank and etc (if you cant find the IPO in M+ Global).  Example for Maybank: go to Apply - Investment tab after login your account, then you will see eIPO after scrolling down abit (different banks will use similar terms like IPO, eIPO and etc). When applying the IPO, the system will ask you to key in your CDS account number.  For M+ Online clients, the CDS account number consists of 15 digits, beginning with 012-001- followed by a 9-digit number. The 9-digit number can be found: 1) in your Contract Note or Monthly Statement , ...

Hello! You can follow the steps below to open your M+ Online (Bursa)/ M+ Global (Foreign) account: IMPORTANT - Please follow all the steps below, as once the account is successfully opened no changes can be made Download M+ Global App: https://global.mplusonline.com/download 1) Switch to Phone tab and key in your Mobile phone number to register (SMS verification will be sent to your mobile phone). 2) Agreement and Disclosure page (as per attached below) : Key in Invitation Code - P3KI if you are applying any new account for Bursa/US/HK via M+, then kindly screenshot and send me                  3) - tick HK / US if want to trade any of these foreign markets - disable the Margin Account if you want to trade within your cash only 4) Fill in your particulars, and the related information in the fields - About FEA and domestic loan: Domestic loan refers to loans like housing loan or car loan - About TIN (tax identification number): you can inse...

Hello~ Kindly note that for any deposit made via : 1) FPX deposit - If for purchasing of shares, kindly wait 10 mins after the trading is updated as we need some time for the back end system to get update - If for subscribing IPO, kindly deposit your fund one day earlier, as fund deposited on same day will need to wait until the next trading day only can subscribe IPO.  2) Manual deposit (anything not through FPX) requires our operations team to check and verify, which may take between 30 minutes to 2 hours before your trading limit is updated.  Others : We would prefer you to transfer only from your *PERSONAL ACCOUNT* (either manual or FPX deposit). Transfers from third-party or joint accounts require a verification process, which involves confirming the name of the third party and their relationship with you (only immediate family members are permitted). This process may take additional time before the limit is approved. Happy Investing~

Just a sharing on some useful functions in Bursa Anywhere mobile apps which might benefit. Bursa Anywhere actually is a new mobile app launched by Bursa Malaysia, and this mobile apps enables investors to check their stocks they are holding with which broker/CDS account.    What is CDS account? - Whenever you open a trading account with any broker or investment bank, you will be opening a CDS account with Bursa Malaysia too. Meaning if you open an account with Broker ABC, you will be opening a CDS account no #123 too. So any share you buy via broker A will be "stored" in CDS account #123. - If you have another broker XYZ (with CDS account no #789) and buy share via the broker, your share will be stored in CDS account #789. - If you want to transfer share out from broker XYZ to broker ABC, you need to transfer share from CDS account #789 to CDS account #123. (You need to go broker XYZ to transfer your share out, each counter transfered out will be charged RM10) Can I buy shar...