Explore moomoo features: How to empower trading with your HIN

Investing is a crucial strategy for growing your wealth, and starting early can maximize its benefits. By investing your money, you can enhance your purchasing power, generate passive income, and take advantage of compound interest. However, it's important to remember that investing comes with risks, including the possibility of losing your money.

Therefore, it is crucial to educate yourself and equip yourself with the necessary knowledge and tools before making any investment decisions.

Here are five things to consider before making an investment:

1. Evaluate your financial situation to determine how much you can afford to invest.

2. Set your investment goals to align with your financial objectives, whether it's long-term growth or short-term gains.

3. Determine your risk tolerance, taking into account your personal preferences and investment experience. Knowing your risk tolerance can help you choose investments that align with your comfort level.

4. Create an emergency fund to cover unexpected expenses and ensure that you have a safety net in place.

5. Research your investment options to make informed decisions about where to put your money. This can include analyzing different types of investments, such as stocks, bonds, and mutual funds, and understanding their potential risks and returns.

Moomoo Learn is introducing a series of courses to help you get started with investing quickly and easily. We aim to provide you with the knowledge and tools you need to succeed on your path to financial growth.

In addition, a good trading experience is often overlooked but can lead to better decision-making. Moomoo offers a CHESS-sponsored model with your own HIN, which provides safety, convenience, and cost efficiency for trading Australian stocks, including ETFs.

The CHESS system allows you to view your ownership independently of your broker via the share registry, adding an extra layer of security. ASX Minimum Marketable Parcel (MMP) of A$500 rule applies.

Moreover, CHESS-sponsored ASX trades on moomoo starts from just A$3 per trade, or 0.03% per order (whichever is larger), providing a secure trading environment while also helping you save on trading fees.