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 Buying foreign stock, Probably through CDS account

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TSdelon85
post Mar 20 2008, 02:20 AM, updated 18y ago

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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)
Polaris
post Mar 20 2008, 05:20 AM

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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
TSdelon85
post Mar 20 2008, 04:12 PM

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Thanks for the link, Polaris. Will check it out.

How much do you think would be enough to put into US stocks?
chin20350
post Mar 21 2008, 01:51 PM

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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...
stargate
post Apr 13 2008, 10:05 PM

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QUOTE(chin20350 @ Mar 21 2008, 01:51 PM)
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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Non USA residents are subjected to a withholding tax of 30% on dividend. Capital gain no tax.
cherroy
post Apr 13 2008, 11:14 PM

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QUOTE(stargate @ Apr 13 2008, 10:05 PM)
Non USA residents are subjected to a withholding tax of 30% on dividend. Capital gain no tax.
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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.

chin20350
post Apr 22 2008, 02:19 PM

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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...
AdamG1981
post Apr 22 2008, 02:27 PM

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QUOTE(chin20350 @ Apr 21 2008, 11:19 PM)
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...
*
The Chinese market has undergone a roller coaster ride and has since dropped 50% after it hit historical high in November 2007.

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?

cherroy
post Apr 22 2008, 02:29 PM

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QUOTE(chin20350 @ Apr 22 2008, 02:19 PM)
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...
*
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%.

Mainly because China stocks are bubbling previously.

AdamG1981
post Apr 22 2008, 02:33 PM

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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%.

Mainly because China stocks are bubbling previously.
*
Yes, the market valuations are over inflated.

Not to mention that China has been subsidizing fuel at USD$2.90. What will happen when the government removes the subsidy?


wheimeng
post Apr 27 2008, 09:56 AM

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i got my account from interactivebrokers.com

you might want to check it out smile.gif
Vv.SoViEt.vV
post Apr 27 2008, 11:28 AM

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QUOTE(wheimeng @ Apr 27 2008, 09:56 AM)
i got my account from interactivebrokers.com

you might want to check it out smile.gif
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hi wheimeng, mind to share why you choose the portal and what are the requirements to apply? or step by step for beginners?
wheimeng
post Apr 28 2008, 02:31 PM

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No idea, someone just told me that we could buy shares there. that's all i need.
normanTE
post Oct 6 2008, 03:02 AM

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hi guys need some help ,how to withdrawal fund from such account ameritrade, scot,etrade from us to my maybank in malaysia?
SUS2HK
post Oct 6 2008, 04:10 AM

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CDS is pure local stock lah where can buy US .

Open a US broker account thro net lah
danmooncake
post Oct 6 2008, 04:10 AM

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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).


boonhan_choo
post Oct 8 2008, 03:03 AM

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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
cherroy
post Oct 8 2008, 11:02 AM

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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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