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Investing in US stocks, Does anyone know how?
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elhh82
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 Mar 8 2009, 03:07 PM
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QUOTE(dreamer101 @ Mar 8 2009, 10:51 AM) Futura, << Citigroup is now about $1, market cap is even cheaper than our PBB & Maybank...for long term investment, this should be a fairy good buy IMHO...>> Who say so?? There is a strong likelihood that Citigroup will be nationalized. In that case, the share price will go down to almost zero. Dreamer Agreed, the only reason anyone would buy into Citi would be to speculate on short term developments like news causing spikes in the share price. No investor in their right mind would be touching Citi with even a 10 foot long pole at the moment. |
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elhh82
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Mar 9 2009, 12:47 PM
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Can't you make a direct wire to the brokerage firm? If you have your account number + swift code of your brokerage account, it should be able to get wired in immediately, no?
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elhh82
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Mar 9 2009, 03:14 PM
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find a new brokerage firm?  |
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elhh82
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Mar 9 2009, 04:04 PM
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i don't actually have a US brokerage account only a bank account.
don't you have access to your bank account via online banking? You can then make a transfer to your broker through it.
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elhh82
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Mar 10 2009, 06:04 AM
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QUOTE(thierry5259 @ Mar 9 2009, 06:37 PM) elhh82, If it is that easy i would not have ask the question. I think you don't understand the situation. Is US that you are talking about and not some local investment bank. I've dealt with many international transfers, and it's usually hassle free. It just doesn't seem quite logical for me that your broker is making you jumping through so many hoops for you to send money their way. So my logical conclusion was either that you missed something or that your broker sucks. Find another broker as suggested above, or email the customer service contact and ask what they can do for you. |
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elhh82
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Mar 11 2009, 12:17 AM
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yes, when you want to transfer overseas, fill in the Foreign Telegraphics Transfer form in m2u and you'll be done in less than 5 minutes.
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