Hi all,

You are welcome to buy any USA Stock report with RM12/company search.

Below are the example of one of the free report.

 MCD.pdf ( 35.59k ) Number of downloads: 33


If any of you have an interested stock, kindly email me your

1. stock code
2. Name of stock

shanicehongATgmail.com

Ppls can go to the company's websites directly or other "free" agent for subscription by email/weblink
on the company basic financial informations.. No extra value from the reports.. In some broker's websites,
the moving averages (50/200 days) alert triggering or price/volume reaches certain % or abnormal
insider trading deal ..etc ..etc will notify user with email/social networking will be more efficient and effective..

This ValueLine subcription cost almost usd 600 per year and you charge rm 12 per company is cheap for those whom
lazy to seek Uncle Google for help.. 

If you don't trade a lot, imo that conversion rate seems fair but how much do they charge for actual commissions (when you actually BUY and SELL the US stocks itself)?

Using direct US broker, I pay as low as $1 for commissions each 100 units of stock that I trade.

0.42% a min of 6K per trade?     
So, you can't trade any US stocks if the total value is less than US6000?
It sounds crazy.

MBtrading is the one that I'm using for low volume stocks because their per share cost is 0.0075.
If you buy 100 shrs of X, you're charge $1. If you buy 500 shrs of X, you're charged $5.

If you think about this carefully, you will know it isn't worth your time and money to keep buying US stocks in MYR (Ringgit) terms. It makes no sense to give the money (the spread between the BUY/SELL exchange rate) to the bank and furthermore, your trade ($35/trade) is VERY high. For that fee, it is as if you call your human broker to trade by telephone instead of you doing the trade via computer.  Are you talking to a human being that offer you better service? If not, why are you paying that rate if everyone else trading US stocks and paying less than $10 per trade?

So, just keep your money in US brokerage account and let it continue to grow until you earn enough. No need to withdraw until you really need it.

I got more liquid cash in USD than in Ringgit.  Last year, I was thinking USD may go down because Fed printing money.. hoping I can convert more to it cheaper, but heck, my pile of USD appreciated even more than Ringgit after the tapering fear, and the Ringgit got weaker.. 

I'm giving you a hint already. I did say MB Trading didn't I?
Go there and check out their application.  You will need to declare yourself as non-resident alien using form W-8BEN.
Your capital gain won't be taxed but dividends will be withheld.

Try tdameritrade.com then. It has Malaysia in country selection.

mbtrading not allow malaysian to open account


http://www.basepic.com/2014/Jan/07/81145037.jpg

DRIP (Dividend Reinvestment Plan) stocks are mostly available for DOW component stocks. eg. XOM, CVX, CSCO, JPM, BA, etc

But, you need to know the US IRS treats dividends as earned income - whether it is pay in cash or in stocks.
You may need to pay upfront (up to 30%) for any earned income since you're non-resident alien (for tax purpose).
Therefore, I believe it is better to go for growth stocks for capital gain than dividends if you're non-resident.
Please do research carefully before setup a DRIP plan with your broker otherwise you'll end up a negative surprise at dividend payout time.