trump dump fades... rally again!

crude... does not look like going 47 but 51.

getting some xle and oih... after a long break!

hi, i am a newbie here, interactive broker is charging usd10 permonth if without activities, may i know how much initial money needed to startup an investment in stock market?

cuz usd10 x 12 = usd120= myr 520

ib minimum deposit for below 25yrs old is ard myr13000

lets say i'm lucky enuf to get 20% return per year.

13,000 x 20% = 2600

520/2600 x 100% = 20%

20 percent of my return will be given to ib, do you think this is a great deal?

how much money do u guys think u need to have before starting an investment?

i am just a fresh graduate... just started working not even a month yet...

Better you build up emergency cash supply first and stick with Malaysian stock market first or Singapore stock market. Alternatively, you try cheap brokerage like kingtrade, schwab international, robinhood, 8 securities.

Those platform charge like USD4.99/trade or even free. (robinhood, 8 securities)

IB is for those who trade frequently.

This post has been edited by Ramjade: May 19 2017, 10:57 PM

mad bull...

Gotta to jump back in.. darn. Missed a few points.

here:
https://forum.lowyat.net/topic/3396549/+500#top

looks like 2400 might be challenged once again...

It will be good if Oil can close above $50 and SPY can close above 238.

Judging from China plc reported aggregate profit; bank loan growth vs bank profit; wealth management product growth; many plc are depending on real estate for reported profit, etc; current debt level is unsustainable.

When fed rise rate, China will either follow or have rmb depreciation. Pboc is more inclined to maintain rate mean rmb will depreciate against usd, inflation could rise, which likely lead to loss in purchasing power.

One could expect more financial scandal and bonds default in coming months. If aftershocks didn't rock the foundation, could expect policy change after 19th cpc congress.

Believe interesting time is coming from the middle kingdom, it will be more drastic and prolonged than Japan in 1989.

This post has been edited by icemanfx: May 22 2017, 08:14 PM

so crazy bull continues on monday, enjoy the show

This post has been edited by yok70: May 23 2017, 03:59 AM

Thanks to the eagerly long waiting Tax Reform that Trump's promise proposal .
BEST Tax reduction for individuals + Corps ?

http://money.cnn.com/2017/04/26/news/economy/trump-tax-plan/
http://www.cnbc.com/2017/04/27/how-trumps-...me-bracket.html

GOP is pro big business, the rich is getting richer and the poor will be poorer. instead of drain the swamp, trump is more likely to flood it.

Market's in US today stayed resilient despite the problems plaguing in the UK.

Why would incident in manchester effect u.s stock market?

It did affect market sentiment somehow. US futures were down 0.2 percent at one point but slowly rebound up. Even stocks were sold down all around the world.

50 % upside ? Big ROI

http://www.cnbc.com/2017/05/23/robert-shil...-from-here.html
https://www.theguardian.com/business/2017/m...-for-the-future
https://en.wikipedia.org/wiki/Robert_J._Shiller

The fundamental and underlying factors remain unchanged.

Prof Robert Schiller's model predicted the fall of 2000 dotcom bubble, 2006 US property market and similarly on kv property market.


This post has been edited by icemanfx: May 24 2017, 01:04 PM

I'll yell, "Hip, hip, horray!!".

So buy what now? SPY? SVXY? Time to long markets. At 50 percent, S&P could hit 3,000.

Depending on your appetite.. Diversify into few industries
Leisure + Gaming = LVS, MLCO
Bank = LYG, KEY, BAC
Housing = BZH, HOV
Precious metal = AXU, AUY
TECH = NOK, TXN
..etc ..etc Do homework first before make up your mind..

Still got people buying NOK? Usually when targeting a basket of shares, ETF is preferred, rather than having many shares. LVS, okay. LYG, been recovering well. For tech, I'll replace TXN with at the very least NVDA, higher rism appetite there and balance it with AAPL.

Overall, good prospect on those stocks in the above.