Step-by-step guide to invest in Monthly Investment Plans
In our previous article on monthly investment plans, we compared the various services offered by banks and brokerage houses and how these plans could help retail investors enter into the stock market via dollar-cost averaging without paying high commission charges.
For today, we will take an example of one such monthly investment plan offered by Maybank Kim Eng and provide a step-by-step walkthrough of the platform to explain how you could use it.
Step-by-step guide to invest in Monthly Investment Plans
...- Open a Maybank Kim Eng KE Trade Prefunded Account.
- Log in to yourKE Trade Account.
- Click on "e-Services" tab as shown below.
- Select your prefunded account (completed previously in step 1), key in the amount to invest and key in the name of the counter you wish to purchase.
- Alternatively, you may also click on the ...