This is the Part 2 on the series. I hope that you understand the process and the option available when opening your trading and CDS account which explain in Part 1.

If you read Part 1 before I publish Part 2, please revisit that page as I write in additional information in relation to cash upfront or collateralised account which I think quite important.

Part 1 – How to Open Trading and CDS Account for Trading in Bursa Malaysia?
Part 2 – How to Buy and Sell Shares in Bursa Malaysia?
Part 3 – How to Determine Trading Settlement in Bursa Malaysia?
Part 4 – How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading?

Step 1 – Deposit Cash

Once you open Trading and CDS Account, the next steps before buying shares is deposit cash to your trust account. Depending on your broker, you can make deposit either via cheque, cash or through online banking to your broker bank account.

[continue reading…]

A couple of my blog readers asking me on how to trade or invest in Bursa Malaysia? In order not to disappoint them, I will write a series of article for a beginner to start invest or trade in Bursa Malaysia.

I will also explain other information related to it such as the process of buying or selling shares itself.

Part 1 – How to Open Trading and CDS Account for Trading in Bursa Malaysia?
Part 2 – How to Buy and Sell Shares in Bursa Malaysia?
Part 3 – How to Determine Trading Settlement in Bursa Malaysia?
Part 4 – How to Calculate Profit, Loss and Brokerage Fees in Stock Market Trading?

In Malaysia, stocks or shares are listed in Bursa Malaysia Stock Exchange (Bursa) which formally known as Kuala Lumpur Stock Exchange (KLSE).

In order for you to invest or trade shares that are listed in Bursa Malaysia, you need to open Trading Account and CDS Account. Below are the steps for you to follow.

[continue reading…]

A credit card is a bit like a chain saw, it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them – choose the right tool for the job, and follow the safety rules.

With the newly imposed credit card tax by the government, here are a few things to consider before you select a credit card:

Spending habits

The first question to be answered is how you intend to use the card. Are you the kind of person who will pay off the card every month without fail, or do you anticipate carrying a balance from month to month? Are you going to use it to pay for everything, or just for emergencies?

[continue reading…]

In Malaysia, real property gains tax (RPGT) is imposed with the intention to curb property speculations. It is imposed on the gains on disposal of Malaysian landed properties and the rate varies from 5% to 30% depends on the holding period.

With effect from April 1, 2007, the Government decided to exempt RPGT in view of the economic slowdown and it was aimed at assisting property developers in disposing of their houses, and spearheading the economic progress.

Prime Minister Datuk Seri Najib Tun Razak, who is also Finance Minister, on Oct 23, however, reintroduced RPGT to put in place a fair administration of taxes.

[continue reading…]