<Sigh>..

http://lmgtfy.com/?q=top+ten+dividend+us+stocks

Dividend stocks in US X Currency Exchg Rate = local currency ?
Better yield ? If the stocks in US appreciates by a dollar, hence
1 dollar X currency Exchg Rate = local currency , Higher ROI in long term?
Similar to stocks in US depreciates need to multiple with currency exchg too..

This post has been edited by netmask8: Jan 29 2014, 12:12 PM

Hmm I see - I'm holding USD in Maybank so there's no need for RM>USD conversion.

Even though the charges I prefer TT, I think the total came to $36 USD in fees all in

Thanks, but I thought you will give me some useful website which you refer the most.

US still have very strong fundamental unlike malaysia government slowly takeover all bluechip company. However, I try to diversify my portfolio with oversea super bluechip stock.

That's a cheap fee for TT from Malaysia to USA.
For USA back to Malaysia, US banks charge around $50-$60.


Anyway, tonight is Fed watch day. Market will opens down despite rate hike by Turkey (OPR 11% ).
Levels to watch: Sp500 1765.. better hold.

This post has been edited by danmooncake: Jan 29 2014, 10:29 PM

$50-$60 seems expensive - I transfer often from HK to Labuan in USD and the receiving charge is only about $15 USD or so, maybe from US is different

Well, here's the scoop. There should be no charge for RECEIVING side but the sender pays $50 fee to send out.

Therefore, if Malaysia banks only charge US$30 to send out, that's cheaper than the US side to send back into Malaysia.


So, does HK charge cheaper than $30 to send to Labuan? If you get charge for Sending AND Receiving, then, it could add up.

Oh btw. it depends how much you're transmitting, right?
Big amount over 10K - $50 fee is should be reasonable.

HK Charges $14.60 USD (approximately, it's in HKD and depends on exchange rate) to send

Usually it's a minimum of $10k at least so the fees aren't a major % of the overall payment.

This is always from/to USD accounts so there's no exchange of currencies involved.

That's good deal..

Now, at the Labuan bank, they don't require you to change it back to local MYR currency? You can keep it in USD?

Labuan Maybank is USD account, can hold in USD - they only charge a $4 for receiving (apart from what's taken by the intermediary banK)

From there I transfer to Maybank MYR/USD account the charge is $4 USD and no receiving charges to either (but of course, exchange rate applies of transferring to MYR acc)

Sounds good.

Have you found any where to transfer from USA to HK or USA to MYR cheaper than $50?

Let me know, I'll be real interested.

This post has been edited by danmooncake: Jan 30 2014, 02:12 AM

From past experience dealing with US companies, the wire fees there are always quite expensive.

The only way I can think of is signing up to a HSBC Premier account in USA and aHSBC Premier USD account in Malaysia.

That way you should be able to withdraw to the HSBC USD account and transfer to Malaysia or HK without any fees. But this requires a RM200K deposit with HSBC in Malaysia (or HKD 1million in HK!)

Maybe transferring from US to a Maybank USD account rather than MYR will result in less charges?

Charges can vary a fair bit - I transferred from Labuan to IOM , UK and was charged $25 in IOM, $4 + $8.12 in Labuan. Another time I transferred from UK to UK and was charged over $100 USD

This post has been edited by rjb123: Jan 30 2014, 02:25 AM

come on, the bear is so hesitating where the bull is so stubborn!

Eyes on Fed..

That's a lot of fear already in the market. Bears are ready to pounce.

I can imagine what would happen if Fed suddenly stops buying instead of tapering $10bln off, and then begin
to tighten money by raising interest rate.

Without the Fed, market will probably tank 50%, back to its fair value. SP500 @ 1000, Dow at 10000

This post has been edited by danmooncake: Jan 30 2014, 02:25 AM

Well, I got HSBC Personal in USA and one in Singapore but heck, they still charge me $35 for the transfer.
But, I haven't not check out their Premier account.

I guess the banks want their fees no matter what.

Maybe one day BitCoin will be adopted en masse to bypass these banks!

If you have a Premier account, transfers between all accounts are instant and free of charge

If you can meet the minimum balance in any country, you automatically become eligible for Premier status in all countries

I guess the slowly 10b reduce per meeting can be expected if economy continues slowly recover like it did recently. Fed has no gut to cut sharply as to be blamed and cursed by the world if they did. As bond yield has already up to reflect the QE reducing situation, a mild rate hike (although many think that it will be unlikely to happen this year or even next year) may not be as deadly as it might be.

oh...KO hit my alert price....buy kah tak buy?.....what you think?

I don't know about KO fundamentals but the chart is ugly.
You may want to wait unless you're hoping for a quick bounce play?