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 Investing in US stocks, Does anyone know how?

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mouming88
post Sep 15 2009, 10:32 PM

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QUOTE(zamans98 @ Sep 15 2009, 10:09 PM)
holy cow. Just came back from dinner and C -0.21? Duh!

Didn't see the news. Anyway, cannot short C right now, MB trading close the option.
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Don't sweat too much... its temporary drop is because US government is selling back the share they bought as part of the stimulus...

It means to US gov, Citigroup's capital is healthy enough for them to withdraw some of its holdings. Its a good thing as it also means C is on its way out of the bailout program...

However not sure how much it'll continue to drop as its currently trading at a premium over Treasury's conversion price of 3.25. If you have bullet I'd suggest get ready to load more of Citigroup's share...
mouming88
post Sep 17 2009, 09:49 PM

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QUOTE(mynewuser @ Sep 17 2009, 07:36 PM)
Hi, Any one can confirm on regarding the investment tax. I understand capital gain will incurs US 30% tax. Is it true? But as what I read from previous post, US tax is only for DIVIDED.

How about malaysia tax for capital / DIV gain.
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No capital gain tax for US, just 30% on dividend...
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