{"id":7957,"date":"2021-06-04T18:16:03","date_gmt":"2021-06-04T10:16:03","guid":{"rendered":"http:\/\/www.comparehero.my\/blog\/?p=7957"},"modified":"2026-03-27T10:44:30","modified_gmt":"2026-03-27T02:44:30","slug":"5-steps-to-start-investing-stock-markets-2","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/investments\/5-steps-to-start-investing-stock-markets-2.html","title":{"rendered":"5 Simple Steps To Investing In Stock Market"},"content":{"rendered":"

Imagine you\u2019ve just started your career in a local company after graduating with your bachelor\u2019s degree a local university. You\u2019re also originally from Kedah, and had to deal with many things when you first moved to Kuala Lumpur to earn a living.<\/p>\n

After six months of working in the city, you\u2019ve finally settled down. However you are now facing the same problem as many entry-level executives who have a starting salary ranging from RM2,300 to RM2,800 a month. Now that you\u2019ve deducted your monthly expenses, EPF and SOCSO contributions plus emergency savings, you don\u2019t have much left as disposable income.<\/p>\n

Now many people believe that inflation rates today are just too fast to catch up with, considering how low annual salary increment and fixed deposit income interest rates are in the market.<\/p>\n

\"MY_5SimpleStepsForStockInvestment_blog03\"<\/p>\n

So what are your options? You could always start investing in stocks, and should learn more about how Bursa Market Place works here<\/a>. Once you\u2019ve done that, you\u2019re ready to start your investment journey by following the five simple steps below:<\/p>\n

\"Opening<\/p>\n

1. Open a Central Depository System (CDS)<\/a><\/h2>\n

CDS is a means of representing ownership and movement of securities (shares). By having a CDS account, you can have access to transfer and trade shares through an online platform.<\/p>\n

There are two types of CDS account: direct and pledge. If you have a direct account, the dividend checks and prospectus will be mailed to your house. If you have a pledge account, the stockbroker will receive the dividend payout and prospectus on your behalf and he or she will bank it to your account.<\/p>\n

Banking stockbrokers will normally require you to open a pledge account. You will also get a monthly CDS account statement. If there is no activity, you will still get the statement in June and December. You can open a CDS account by calling an investment broker or by visiting their branches. You will need:<\/p>\n