QUOTE(mH3nG @ Nov 29 2009, 01:17 PM)
I thought they charge a minimum of USD25 per transaction if you use CIMBinvest?
Yupe.. u rite.
RM40++ is for HLebroking using phone broking.
Added on November 29, 2009, 1:40 pmQUOTE(normanTE @ Nov 29 2009, 11:07 AM)
i have a bunch of friend in singapore,
they ask me how will you sure sogotrade wont burst as they claim even though they are sipc insured, will they still exist after 50yrs.
this group of friend that i know of is long term investor, they are investing in jnj, pg, ko, kft,mo,rai,xom.
so they need some secure in there place they keep their stock.
there is no doubt it have happen many time in usa that many brokerage that broke their manage sold their client share and hide somewhere in tahiti island.
so that sipc have to act to compensate all investor,
sorry to tell that the last time indymac that went down it took them forever for that fund to be paid to any investor.
this is a attachement to open a usa habc premier account with share trading facilities.
the trick is you need at least 100,000 usd to open this account.
but i believe for those in this circle is a peanut.
you will get a check books. debit card and hsbc premier mastercard for free ,as long you mantain 100,000usd at any time.
ontop of those you can establish a hsbc premier account in singapore hongkong australia or uk once you are premier customer.
sound good?
after all if hsbc does collapse i believe that none of the financial institution wont face any trouble
contact this persn for more info;
Gregg D Jensen
gregg.d.jensen@us.hsbc.com
Phone. (716) 841-1557
Added on November 29, 2009, 11:11 ammalaysia cimb la maybank la all pretty safe too but where is your check book, debit card or mastercard?
after all their credit card not user friendly as hsbc is global.
if you are a frequent traveller try hsbc premier.
well, i have my credit card, debit card and cheque book with local banks.
I think CIMB invest is quite safe, but you have to pay higher brokerage fees.
yupe, your USD100k is quite large, don't risk yourself as USD25 does not mean anything to you.
For us, we are playing peanuts.
Mind to share about "indymac "?
Added on November 29, 2009, 1:45 pmdid you say HSBC?
It is very affected by Dubai..
risk is everywhere.
Investment Rule No 1: Don't put all eggs in a basket.
This post has been edited by epalbee3: Nov 29 2009, 01:45 PM