I am currently a uni student who have saved up to about RM30k. I realised that keeping this money in my bank account and letting it rot is a terrible idea. I love seeing big numbers but im slowly losing value to inflation. Just wanted some advice on what to do with this and what to invest in. My goal before grad is to save up and earn rm100k (3years). pls advise! I don't have any experience in investing so pls explain as if ur explaining to a kid haha
my only experience on things like these is that my dad always helped me to invest some of my pocket money savings back in the day and i get like dividends every quarterly. idk what is that tbh.
also, i am thinking of starting to use moomoo bcs my friend said he is getting quite a lot of money investing . but then my dad said he wanted to ask a friends friend to create a brokerage acc so that when stocks bought they will be in my name instead of using like moomoo. but then moomoo has perks if u use it invest/deposit so idk whats the point. any suggestions pls
edit: most of my savings come from my part time job (teaching, about 500 a month as i only work during weekends as i am a full time student) and trying to save my monthly allowance (1k).