With Moomoo, I also can start trading with just $10
Growing up, I used to hold the perception that stock market and investment is for the rich and I need to pay high brokerage fees and commission fees to remisier before I can trade.
With the collapse of Barings Banks, CLOB saga and multiple stories of people losing their life savings overnight from market crash etched into memory, I subconsciously avoid stocks like a plague.
That almost every drama centred on stocks somehow end up with characters jumping off buildings, “I also can” conclude buying shares is a bad thing and that’s why nobody teach investment in schools.
That’s until a Moomoo ambassador approached me, introduced the app and assisted me to get access to the various learning materials.
Through reading and learning from Moomoo Papertrade, I start to understand the concept of fractional shares, money market fund, ETFs etc.
And hence, I started my investment journey with just $10 into cashplus.
Next I used the earnings to jump to fractional shares trading.
With some luck, finally accummulated enough to buy my first ETF.
Can make money? I don’t know being a retail investor can win those big market makers or not lah.....but with Moomoo App ”I also can” try to invest with as little as $10. That’s not limited to stock trading across different markets, I can even buy Bonds, Gold ($XAU/USD (XAUUSD.CFD)$and now crypto ($ETH/SGD (ETHSGD.CC)$)!!!!!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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toomanyscammers : dollar coat averaging consistently through the years has been proven to still gain good returns. :) think it's something we can do consistently and passively -- investing in ETFs and letting our funds slowly be built up~ The Best Investment Strategy for Singapore in 2020 | Alvin Poh