Investing 101: Learn How to Make Your Money Work For You

Now that you know you’re in good financial shape, here’s what you need to know before considering the type of investment you want to venture into.

Retirement fund? Further education? New business? All these investments have different time periods. It’s important to identify your goals, how long it would take for you to reach it and how much you need.

You should never invest more than you can afford to lose. First assess your personal risk tolerance – or how much of your investment you can really afford to lose – before choosing the kind of investment you want to explore.

Diversify your investments rather than investing all your money into one stock or account. That way if one of your investments turns sour, you haven’t lost everything.

Information overload? If you’re still at a loss, seek council. Turn to your most trusted financial advisors – parents, guardians, or knowledgeable friends.

You can also pay a visit to a CIMB Bank near you to consult on your investment options and to learn more about how you can multiply your money through investment.

Learning how and where to invest your money is a life-long journey. But the key is to always hone your skills and knowledge. Just remember that we're always here to help you! 

Want to know even more about investing? Start by watching the video below.  

This article is for informational purposes only and CIMB does not make any representation and warranty as to the accuracy, completeness and fairness of any information contained in this article. As this article is general in nature, it is not intended to address the circumstances of any particular individual or entity. You are advised to consult a financial advisor or investment professional before making any decisions based on the information contained in this article. CIMB assumes no liability for any consequences arising from your reliance on the information presented here.