yeah.. local brokers tend to charge round this range. but if you switch onto those US discount brokers like IB.. way cheaper.

sorry what's IB?

any recommendation on US brokers that i can register in Msia? tried finding abit but sesat. hence, asking here.

if you look at percentage, it's not that high (but still higher than you, i am sure). The minimum charge is about total of US$30.
for transactions around RM10k, i see the total charges pretty much same for US and HK shares (about US$30), so I assume they are close. I did transaction for RM20k on HK stock before, and the charges just slightly higher at about US$40, which gives a rate of 0.66%, not too bad I guess.

But IB requires minimum of USD $10K to open an account, right?

Conspiracy theory is to whack Russia by sacrificing a couple of US shale oil producer

Since you're buy and hold type, why not add those boring but good stocks like coke, walmart, p&g etc.

firstly, i m more interested in etf's, already got some spy.
secondly, the recent oil slump provides an entry opportunity for energy stocks.
small purchases only...

IB = Interactive Brokers; offer the best and cheapest rate you can get in the market, at least for retail traders

You can also consider thinkorswim/TD Ameritrade, OptionXpress.

Just catching up after a long holiday~
wow new high and i missed out the big downside correction and the rebounce

Santa rally is here...for general indexes except for Commodities

Crude Oil still bad.. but Oil services (XLE) have rebounded but not old highs yet.
Gold still bad..
Russia rubles still toilet paper.. perhaps a little help from China can set the floor at 1 USD = 55-60 rubles.

i hope so!

reading cbnc, bloomberg n watching the screen for the last 3 hrs or so gave me the feeling that the fine gdp figures n low oil price will be a bonanza for spenders in usa. maybe not so much here with a weak rm , but people will spend on tech, right?!

certainly toppish, but i went ahead n got some aapl and qqq (nasdaq etf). msft was just hard for me to swallow, gave up.

i have completed the purchases for my small portfolio of s&p-energy-tech for this first round, will just see what happens next.



for us stock starters, i'll say the yahoo finance real time streams are good, reliable, if u do not subscribe to paid streams. i use that with cimb itrade.

lastly, i can see how it can sap yr energy if u stay up late every night to trade. i m already exhausted after a few late nights. exciting? oh yes, much more so than bursa or sgx!

good nite...

Sure thing... I'm in the same boat if I stay up during the day. Since my working hours are in the evening..
10pm to 7am... no problem here for US times. Already adjusted for the past 5 years. Only get back to normal hours during holidays or weekend.

This post has been edited by danmooncake: Dec 24 2014, 02:58 AM

graveyard shift factory hand or bigtime int'l fund manager?

The only fund that I am managing are my own family ones...

Btw, watch your stop for XLE tonight... better not drop below 79. It seems the big money are taking profits for Christmas
after 5 good days of bull run.

This post has been edited by danmooncake: Dec 24 2014, 11:37 PM

Me too. Sold all SPXL just now for 15% profit. Good Christmas present.

Merry Christmas.

This post has been edited by yok70: Dec 25 2014, 01:03 AM

stock bull continues, oil bull diminishing.

Not enough capital to play us stock yet...

i m scared to "play" us stocks:
.. my brokerage fees are too high using local ib platform.
.. to get much lower fees, u need to open usd acc somewhere outside msia, i believe.
.. us markets are far more volatile that bursa, so u gotta be prepared to stay up late in the night(s).

my prime reason to move some funds from bursa to us stocks is primarily the issue of the weak-n-continue-to weaken rm.
think about it - crude n commodities prices hammered n not recovering any time soon, all categories of debts soaring, skeletons in the 1mdb and other closets; increasing unfavorableness for foreign investors, no viable big economic plans and do-nothing-gomen... how likely will rm strengthen? i think nil.

1. Does this foreign fund collect interests?
2. Assuming yes, how much is the interest, and how much is the interest for RM funds?

xle is holding well. spy, qqq, appl almost back to all time highs!