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 Investing in US stocks, Does anyone know how?

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W.ROOK
post Apr 2 2009, 09:43 AM

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Very interesting Thread.

What are the best stock to invest in NYSE. Pls Share.

Thx smile.gif
W.ROOK
post Apr 3 2009, 01:23 AM

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QUOTE(danmooncake @ Apr 2 2009, 12:31 PM)
Sure, here's one for the newbie: SKF 

This one guarantee to give you the ride of your life.  tongue.gif
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That one, need to sell my house first. Anyway Thx
W.ROOK
post Apr 3 2009, 01:29 AM

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QUOTE(dialog4222 @ Apr 2 2009, 01:56 PM)
AIG and Citigroup or ETF counters
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Been following on "UYG" and when I look at their holdings, it is quite good except for Citi.

Really thinking of buying but need a second opinion.

Thx.



W.ROOK
post Apr 4 2009, 03:44 PM

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QUOTE(danmooncake @ Apr 3 2009, 12:28 PM)
FAS is better if you're bullish.  Already up 50% for last 30 days.  D

But, tread careful, IMO, financial sector may not have bottom yet..
eventho a lot of people call DJIA at 6500 was the absolute bottom.

The M2M rules aren't clear yet and the toxic assets re-purchased with private equity - not exactly sure
if the banks/mortgage companies are willing to sell them on the penny on dollar.

Good luck!
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Thank You and to the rest too.
W.ROOK
post Apr 10 2009, 08:05 AM

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Been Targeting UYG and BAC for some time. Sadly both did not reach my target price and now they are even more far off cry.gif
W.ROOK
post Apr 10 2009, 06:15 PM

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QUOTE(danmooncake @ Apr 10 2009, 10:30 AM)
Well, you didn't buy some on Wednesday night?  The pullback was the opportunity man!  smile.gif

Yesterday was best day for financial.  Every bank stocks were up.. Wells Fargo has the best run of them all
with over 30%.

It seems the bottoming process already began. Don't wait at the sidelines to wait for the
lowest to get in.. nobody knows when the bottom will in and it is always a rear-view mirror. 

I have to take some profits today, selling some of my positions in UCO, FCX and HAL.  tongue.gif

We shall play again next week..    biggrin.gif
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When it comes to buying stocks I am very cautious.Learned some good lesson in my early startup but sometimes being over cautious also not good.
Investing in like BAC doesn't need to be an expert. In a few years time it can go up like 30-40 and above. Probably I set the target too low...sad...

I bought Resorts and Proton almost at the lowest price and making some good money now but when I compare to what I could have made of the US,its
really pathetic and peanut money....


Looks like you are making very good money out there. congrats!


W.ROOK
post Apr 13 2009, 08:20 PM

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QUOTE(dreams_achiever @ Apr 12 2009, 10:56 PM)
Exactly. Once you start trade in US market (specifically US options), you find boring to trade in KLSE anymore..too slow, no volume(for some warrants), low volatility.
Better move all capital to US and start trading there permanently biggrin.gif
Earn US dollars better than Ringgit Malaysia. The good things is we no need to stay there to earn USD..lolx  icon_rolleyes.gif
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Thanks for the advise, now waiting for pullback... hmm.gif
W.ROOK
post Apr 14 2009, 07:48 AM

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QUOTE(danmooncake @ Apr 14 2009, 06:02 AM)
Goldman hits the home run after hours reporting. We may see things pop up by the next day for banks stocks.  Time to take my profits on FAS.  tongue.gif
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Looks like I really miss the boat.
If I enter now ,will look like a dumb arse sweat.gif
W.ROOK
post Apr 14 2009, 07:52 AM

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QUOTE(dreams_achiever @ Apr 14 2009, 07:49 AM)
Aikss..BAC (11), Citi up to 3.80 all bull market.
Regretted that i do bull call spread. Should long straight call only. Wrong strategy in this super bull run  doh.gif
Miss alot of potential profits.  cry.gif
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At least you are making something.

This post has been edited by W.ROOK: Apr 14 2009, 07:53 AM
W.ROOK
post Apr 17 2009, 05:36 PM

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QUOTE(danmooncake @ Apr 16 2009, 11:56 AM)
Sorry, I do not know the banking rules in UK or Hong Kong.

But, if you know the banks that you wanted to do business, feel free to call or email them.
Today, with the Internet, it is relatively easy to talk to foreign banks/investments brokerage customer service rep and ask questions without being physically presence.

For example: I managed to open an investment account with E-Trade without stepping a foot in US soil. Just through email and skype (for cheap phone calls).


Added on April 16, 2009, 12:02 pm
WRook:
Hope you have monitoring and be able to pull the trigger last night for your UYG.
It  was the pullback opportunity that I've mentioned the other day..your UYG was definitely a BUY opportunity
and towards the final hour of the trading day, the good news from Feds rallies the market,
it pops up to over 8% gain.  biggrin.gif
Btw, I am excited for my FAS!  thumbup.gif
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Hi D'cake,

Sorry was away.
Yeah there was a pullback but did not manage to buy.
As I was gathering more info on UYG, found out that it is definitely not for long term.
I am attracted to FAS as well but some of the investors says XLF is a safer bet.
I want to invest in something for long term whereby, buy and put in a "frezzer" kind of thing.
Do you have anything to share for a long term basis?

Appreciate you kind reply. THX
W.ROOK
post Jun 21 2009, 12:51 PM

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QUOTE(normanTE @ Jun 20 2009, 09:27 PM)
syong:

the reason bac
poor dividend with highest value 60-70 usd
no doubt bac is a dividend counter but inview of current TARP bac need some time to digest what he had eaten..
please remember bac do not have permanent capital loss like citigroup or aig.
it have better potential than anyone.

march i am looking at bcs barclays, bought 1000share.. i think this is a good counter as well for 1/2 speculative and 1/2 investment purpose.

i bought bac at 3.7usd 1000share and another 1000share at 5usd., 500 share at 11.5usd
i am holding them thru thick and thin. i believe my effort will be paid off by the time i pass on to my son or daughter.

good luck with all the investment.

50 counter are just nice;
5 counter =reit
5counter=energy
10 counter = banking+finance + insurance
10 counter= consumer staples eg pep,ko,bkc,mcd,yum,kft,
10 counter=industrial product ge gd,lmt,ford,dd, dow
5counter=gaming industry lvs,mgm,dis
5counter= raw material bhp, riotinto, alcoa,

only new investor will own one to two counter, believe me i been like that before..trust me you will understand at some point of time.
not everyone can manage huge portfolio like 50 .. try 10 then 25 or 35 ..
this come with experience.


Added on June 20, 2009, 9:31 pmactually i am adding another 5 more portfolio
health product: merk,gsk, pfe,azn, abbott
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hi norman,

You got a big portfolio there. It is very true you know, "The rich gets Richer"
By looking at your holdings which are mainly Blue Chips I am very sure there are plenty of money to come in the future. thumbup.gif

The current downturn represents a great opportunity to invest. We don't know for sure if the market has reach it's bottom but in the long run.....
Just look at the Dow's Graph.







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W.ROOK
post Sep 5 2009, 09:04 AM

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Wah you guys really active in the US market, In and Out.....

Me more of Buy and keep and once hit the target will chop off, something like Uncle style but me not an Uncle yet.

Anyway just to share my holdings:

BAC,XLF,TBSI and SBLK

All giving positive returns except SBLK.

Now keeping any eye on LYG...any comment or Red flags?
W.ROOK
post Sep 5 2009, 08:30 PM

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QUOTE(danmooncake @ Sep 5 2009, 09:32 AM)
Hey Rook,

Looks like you're long. The only ones I like in your holdings are BAC and XLF.

But, how come they're like this:
BAC = financials
TBSI = financials
XLF = financial ETF
SBLK = shipping/transportation

Whoa!  I think you're way overweight in financials... biggrin.gif

If you buy XLF, don't buy BAC or TBSI because they are already covered by XLF.
Same goes for LYG..(financials again).

Remember to diversify.. laugh.gif
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Thanks for the good piece of advise.

Financials and Shipping co's cause these are two sectors battered to rock bottom prices.
Kind of risky but there is no economy without financials isn't it.

Actually TBSI is also another shipping co.

3-5years down the road hopefully with of course lots of luck too, we might have lots lots of $$$ in the bank!


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