Not a confident investor? Start small and learn!

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05/01/2022

So you think you are “not confident to invest”? If so, you are not alone! A recent survey run by Raiz has found that some people are reluctant to start investing because they lack confidence.

The same survey results also show that many people also plan to start investing in 2022. So how do you balance the lack of confidence with the desire to start investing, and trusting companies such as Raiz?

 

Start small

If you start small, for an example, with just investing RM5 a week, you can start to understand how share markets work and how they are affected by real world events.

Our automated round-ups feature allows you to start investing with just your spare change. Rather than setting how much you can afford to save a week or month, round-ups will do it in the background as you spend. This could be a great way to dip your toe into the market.

 

Set a goal

Setting a goal can be extremely helpful in getting you to where you want to go. Planning a holiday in 2022? Start savings for deposit for your dream home? Having a plan on how much you need and when you want to get there can really help you feel in control of your investing journey.

As you become more comfortable, you can set a goal in the Raiz App. By setting a recurring investment – whether its daily, weekly or monthly – it is easy to track how you are doing and when you are expected to reach that goal.

Why not make a small withdrawal so that you understand the process?

On the Raiz App, with just 2 clicks, you can withdraw your money.

There are no additional fees to make a withdrawal from Raiz. By making a small withdrawal after you have made a few investments, you can begin to learn about the process involved when it comes to selling your investments and understanding how long it takes to return your money to you.

Returning your money to you involves the selling of your investments, the transferring of the proceeds to the custodian, and then to your bank account. Hence, it may take up to 4 business days for the money to reach your bank account.

By going through this withdrawal process for the first time, you will begin to understand the process on how withdrawals are performed.

 

Learn more about how seriously we take security at Raiz

Raiz is licensed by the Securities Commission Malaysia (License eCMSL/A0363/2020) or the SC. Investors who deal with licensed entities are protected under Malaysian securities laws. They are also protected from various risks, including fraud and money laundering, and have access to legal recourse in the event of a dispute.

Raiz also does not keep your money. It is held in custody and safeguarded by our custodian bank, CIMB Bank, which is maintained in trust accounts.

In a very unlikely bankruptcy event, your money can’t be touched by us as it belongs to you. The custodian will still hold them so that your money is safely returned to you.

We take the security of your information and your money very seriously. We store everything on a remote server with bank-level security and data encryption. Nothing is stored on your phone, so you don’t have to worry if you lose it, or it gets stolen.

We’ve made your peace of mind our absolute highest priority. Check out this short video and feel confident in investing with Raiz.

 

Keep learning

Read more blogs. Read more articles. Learn something new every day. By getting in the habit of learning about investing, little by little you will increase your confidence.

 

Confidence comes with time

Don’t stress if the process feels slow. It won’t happen overnight, but by consistently learning and gaining real life experience with the markets through the Raiz app, your financial confidence will improve!

 


Important Information 

The information on this website is general advice only. This means it does not consider any person’s investment objectives, financial situation, or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risks associated with the Raiz product. 

The information on this website is confidential. It must not be reproduced, distributed, or disclosed to any other person. The information is based on assumptions or market conditions that change without notice. This will impact the accuracy of the information. 

Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz.