Story Highlights
- Moomoo Malaysia lets you invest in portions of US stocks, opening doors for young investors.
- Fractional shares mean you can own a slice of giants like Apple, regardless of your savings.
- Moomoo offers educational tools and welcomes new users with bonus shares.
Moomoo Malaysia, the popular investment platform just introduced fractional shares, letting you invest in slices of US stocks and ETFs. This move targets a hungry generation: a recent Moomoo survey showed that 80% of users, mostly aged 18-45, want to use their EPF savings to invest overseas. Traditionally, high stock prices shut out many young investors. Fractional shares remove this barrier, letting you own a piece of giants like Apple or Tesla, regardless of your initial capital. This opens doors for portfolio diversification too. Spread your investments across a wider range of assets, minimizing risk and aligning with long-term goals like retirement planning.
But how do you navigate this buffet of options? Moomoo understands. Their platform offers educational resources, real-time data, and analysis tools, empowering you to make informed decisions. They’re even offering a ‘Welcome Kit’ worth up to RM1,200 for new users, and free fractional shares of top companies for those depositing RM10,000.
Moomoo Malaysia launches fractional shares –
— The Industry Spread (@industryspread) May 17, 2024
“Buying fractional shares is equivalent to building your own thematic ETF, allowing for tailored exposure to sectors and trends that align with your personal investment strategies.” Moomoo Malaysia has announced the addition of fr… pic.twitter.com/cHbAhofHAj
Moomoo’s user-friendly interface and commitment to education have already made them Malaysia’s most-downloaded financial app, exceeding 200,000 users. With fractional shares, they’re democratizing investing, making the US market accessible to everyone, not just the financial elite. This empowers Malaysians to build their financial future, bite by bite, with the potential for long-term growth and achieving their financial goals.
