Investment is such a loaded word. It covers a wide area, I guess similar to the word ‘science’. If you’re not from that world, reading content about it is likely to make you confused at some point or another. You need A to understand B to understand C to understand D. This is why beginners find investing intimidating in the beginning.
What I’m going to attempt in this article is to kind of explain those investment terms using analogies, examples, and memes. I’m covering: Technical analysis, fundamental analysis, hedge, arbitrage, ROI, equity, options, futures, IPO, ICO, bull and bear market, and pump-and-dump.
Disclaimer: not a financial expert. If any of my personal understanding below is wrong, please comment and I’ll edit.
Today, I reached a milestone! RM10,000 in Bitcoins. This is the second investment I made after ASB (aka genetic lottery due to being technically Malay) that I hold more than RM10k in one investment vehicle.
Update March 2016: I’m now RM15k in.
In a previous post, I wrote about the 4 things I learned about buying Bitcoins in Malaysia.
Related: Bitcoin guide for Malaysians
Today I’m going to talk about why I personally invest in it.
Friends, if you’re internet-dependent like me, chances are you have been exposed to Forex advertisements. Maybe from Google, maybe from Facebook, maybe even from websites and blogs (like this one).
I mean, you ignore ads, of course. You’re already used to being bombarded, courted by many companies who want you to try their products and services. It’s likely that by now, your eyes sorta glaze over those ads, barely even registering it.
But once in a while, they caught your attention.
And you, with your tight budget, suddenly wondered, what if this is the solution to my financial problems?
As someone who felt the exact same thing and kinda dabbled in it, without committed any of my own money (and didn’t profit from it either), let me give you the lowdown in Forex, including that time I unknowingly worked in a Forex company.
(Warning: This is a long post)