Join the My Market Contest brought to you by Multiply and Bursa Malaysia!
A content collaboration between Multiply and Bursa Malaysia
A lot of people are interested in investing in the stock market, but most don’t know how or where to start. Stock market investing can also be scary because there’s a chance that you could end up losing money. But, if you take some time to learn how the stock market works, investing in shares could be a good addition to your personal finance portfolio.
They say the best way to learn something is to actually do it. While that may be true, it can be expensive to learn how the stock market works with your hard-earned money.
To help you, Bursa Malaysia has introduced the My Market section on Bursa Marketplace, a virtual investing feature where you can see how stock market investing works, without using real money. This could be a great way for you to feel what it’s like to invest in the stock market and get ready to start investing for real!
To encourage Malaysians to learn about stock market investing through My Market, Bursa Malaysia and Multiply will be organising the My Market Contest from 4 May to 4 July 2021. All you have to do is be among the first participants to complete four quests on Bursa Marketplace and stand a chance to win some cool prizes. Participants will be split into 2 categories – existing Bursa Marketplace users and new users.
At the start of the contest, you’ll be given RM20,000 in virtual money (Read: Not real money!) to buy and sell shares.
The contest is made up of four quests:
- Quest 1: Look for stocks priced below RM1 – Use the stock screener tool and search for stock(s) that are priced under RM1.
- Quest 2: Add a stock to your watchlist – Select a stock and add it to your My Market Contest Watchlist.
- Quest 3: Trade Stocks – Use the RM20,000 virtual money to select a stock, place it in your My Market portfolio and buy it. (Remember, the RM20,000 isn’t real money, and you don’t have to spend all of the RM20,000 during the contest period).
- Quest 4: Make a profit – Make a profit of 5% in your My Market Contest portfolio.
You can check your progress on the Quest page, and the first 42 users to successfully complete all four quests will be eligible to win prizes!
What prizes can you win?
Bursa Malaysia will be giving out Bursa Marketplace 500GB hard drives worth RM250 each to the first 36 participants who complete the Contest. To top it off, Multiply will be giving 6 units of Samsung Galaxy tablets. Every week during the contest period, we’ll also share useful information on stock market investing to help you on your quest!
So, what are you waiting for? Head on over to Bursa Marketplace to get started! Remember, a key feature of My Market is that you can experience investing in stocks and understand the performance of your virtual portfolio without performing actual investments. So, if you want to try investing without the risk and stand a chance to walk away with great prizes, be sure to join the contest starting 4 May 2021!