Hi there, I want to know are there any service available to buy foreign stock through local CDS accounts? Stocks like those in US (Amex, Nasdaq etc)
Buying foreign stock, Probably through CDS account
Buying foreign stock, Probably through CDS account
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Mar 20 2008, 02:20 AM, updated 18y ago
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#1
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Senior Member
1,061 posts Joined: Jan 2003 |
Hi there, I want to know are there any service available to buy foreign stock through local CDS accounts? Stocks like those in US (Amex, Nasdaq etc)
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Mar 20 2008, 05:20 AM
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#2
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2,850 posts Joined: Aug 2006 From: Stellar Nursery |
Yeah, how to do that?
Dollar will soon enter hyperinflation mode and that's the best time to grab falling daggers. -edit- Open an account here, https://us.etrade.com/e/t/home , wire in some cash and buy directly online. This post has been edited by Polaris: Mar 20 2008, 05:40 AM |
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Mar 20 2008, 04:12 PM
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#3
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1,061 posts Joined: Jan 2003 |
Thanks for the link, Polaris. Will check it out.
How much do you think would be enough to put into US stocks? |
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Mar 21 2008, 01:51 PM
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#4
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89 posts Joined: May 2007 |
another question is the tax rate of investing US stock market...
is the tax rate different with Malaysia?? Eg: higher tax rate for foreign investor, capital gain tax rate... |
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Apr 13 2008, 10:05 PM
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#5
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215 posts Joined: Feb 2007 |
QUOTE(chin20350 @ Mar 21 2008, 01:51 PM) another question is the tax rate of investing US stock market... Non USA residents are subjected to a withholding tax of 30% on dividend. Capital gain no tax.is the tax rate different with Malaysia?? Eg: higher tax rate for foreign investor, capital gain tax rate... |
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Apr 13 2008, 11:14 PM
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#6
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(stargate @ Apr 13 2008, 10:05 PM) What I knew US residents are being charged 15% on capital gain tax, are you sure on the capital gain tax on foreigners? If it is, then foreigners has advantage over the US residents already. |
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Apr 22 2008, 02:19 PM
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#7
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89 posts Joined: May 2007 |
how about investing in china stock market... how can we invest at there......? now the stock market has dropped more than 50% already... seem like so attractive.... i am very interested on china stock market... beside that ,any suggestion on china stock market... |
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Apr 22 2008, 02:27 PM
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#8
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4,030 posts Joined: Apr 2008 |
QUOTE(chin20350 @ Apr 21 2008, 11:19 PM) how about investing in china stock market... The Chinese market has undergone a roller coaster ride and has since dropped 50% after it hit historical high in November 2007.how can we invest at there......? now the stock market has dropped more than 50% already... seem like so attractive.... i am very interested on china stock market... beside that ,any suggestion on china stock market... I am predicting that with the current growth rate and inflation, the Chinese stocks will begin to slow down as global output slows due to the lack of demand in the US. After the Olympics, the Chinese output will slowly decrease, or maybe rapidly? |
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Apr 22 2008, 02:29 PM
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#9
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(chin20350 @ Apr 22 2008, 02:19 PM) how about investing in china stock market... Bare in mind, drop 50% doesn't mean it is cheap already. Others may be drop only 15%, but in term of stock valuation, they (the one drop 15%) might be cheaper than the one drop 50%.how can we invest at there......? now the stock market has dropped more than 50% already... seem like so attractive.... i am very interested on china stock market... beside that ,any suggestion on china stock market... Mainly because China stocks are bubbling previously. |
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Apr 22 2008, 02:33 PM
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4,030 posts Joined: Apr 2008 |
QUOTE(cherroy @ Apr 21 2008, 11:29 PM) Bare in mind, drop 50% doesn't mean it is cheap already. Others may be drop only 15%, but in term of stock valuation, they (the one drop 15%) might be cheaper than the one drop 50%. Yes, the market valuations are over inflated.Mainly because China stocks are bubbling previously. Not to mention that China has been subsidizing fuel at USD$2.90. What will happen when the government removes the subsidy? |
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Apr 27 2008, 09:56 AM
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792 posts Joined: Jan 2003 |
i got my account from interactivebrokers.com
you might want to check it out |
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Apr 27 2008, 11:28 AM
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1,359 posts Joined: Jan 2003 |
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Apr 28 2008, 02:31 PM
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792 posts Joined: Jan 2003 |
No idea, someone just told me that we could buy shares there. that's all i need.
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Oct 6 2008, 03:02 AM
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259 posts Joined: Sep 2007 |
hi guys need some help ,how to withdrawal fund from such account ameritrade, scot,etrade from us to my maybank in malaysia?
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Oct 6 2008, 04:10 AM
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404 posts Joined: Jun 2008 |
CDS is pure local stock lah where can buy US .
Open a US broker account thro net lah |
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Oct 6 2008, 04:10 AM
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All Stars
10,125 posts Joined: Aug 2007 |
QUOTE(normanTE @ Oct 6 2008, 03:02 AM) hi guys need some help ,how to withdrawal fund from such account ameritrade, scot,etrade from us to my maybank in malaysia? Why bother with International bank transfer?Just login to your account and click on 'Issue Me the Check'. They will send it to your mailing address as per written in your account (even if you have a Malaysia address). |
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Oct 8 2008, 03:03 AM
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32 posts Joined: Jul 2008 |
It does not necessary to trade US shares through online trading. You can trade US shares through interbroke such as OSK. i am an equities dealer for OSK investment bank. Currently, there are hundreds over people opened trading accounts with me just to trade AIG and citigroup shares. Some other client even looked into shares such as MENGNIU listed in Hongkong that has high potential of growth in future. Interbroke services are safe and efficient. Most importantly, you are serviced by a company dealer (company's remisier). If you are interested to trade US or other foreign shares, you are welcome to contact me for inquiries of procedures and etc. I am choo, my contact no is 0162677903, MSN : boonhan_choo@hotmail.com, email:boonhan_choo@hotmail.com
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Oct 8 2008, 11:02 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
Kindly proceed any discussion for trading/buying foreign stock in the existing thread, so that all discussion are grouped together which is easier and convenience for all.
http://forum.lowyat.net/topic/593237 |
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