5 days ago
Dr Richard Gontusan receives Multi Million Dollar Club Award for outstanding performance
Dr Richard with his multiple awards.
KOTA KINABALU (June 17): Dr Richard Gontusan, a columnist with The Borneo Post and a seasoned unit trust investment consultant with KAF, was recently honoured with the Multi Million Dollar Club Award at the prestigious KAF Awards Dinner held on June 13 in Kuala Lumpur.
The award recognises his exceptional sales performance for the year 2024.
Passionate about financial empowerment, Dr Richard is on a mission to encourage more people to invest in unit trusts as a means of securing long-term financial stability. During the dinner, he exchanged views with fellow consultants, all of whom echoed a shared belief in the value and timing of investment decisions.
'Many new investors overlook a fundamental principle of unit trust investing: Invest when the market is down, not when it is up,' Dr Richard shared.
With a wave of negative global news, particularly the ongoing tariff wars and conflicts in the Middle East, stock markets have experienced notable declines, weighed down by widespread investor pessimism.
Markets, including Bursa Malaysia, are still in the process of absorbing and pricing in the implications of these developments.
However, history consistently shows that markets eventually rebound as uncertainties ease and conditions stabilise. That is why Dr Richard believes now is the time to act.
'Take advantage of the current market dip,' he advises, 'even if your existing portfolio is in the red. Investing during downturns positions you for greater gains when the market recovers.'
Unit trust investment remains one of the most effective avenues for building and growing wealth.
Dr Richard cautions against the common misconception of treating bank savings as an investment.
'Leaving your money idle in the bank reflects outdated financial thinking,' he says. 'Improving your financial literacy is the first step toward smarter, purpose-driven investing.'
