View previous topic :: View next topic |
Author |
Message |
rippa
Joined: 11 Mar 2007 Location: Seoul
|
Posted: Tue Oct 28, 2008 9:14 am Post subject: Financial services / foreigner-friendly stockbroker? |
|
|
Anyone have suggestions for a place that is foreigner-friendly to buy Korean company shares in Seoul? |
|
Back to top |
|
 |
Dukey77777

Joined: 28 Jun 2007 Location: Chungcheongbuk-do
|
Posted: Tue Oct 28, 2008 6:13 pm Post subject: |
|
|
I'm also looking for this, and someplace that can trade in Shanghai and Hong Kong as well. |
|
Back to top |
|
 |
D.D.
Joined: 29 May 2008
|
Posted: Tue Oct 28, 2008 7:39 pm Post subject: |
|
|
Are you guys friggin nuts? Why not put all your money on the roulette wheel at your nearest casino. It will give you better odds than the market for years to come. |
|
Back to top |
|
 |
DCJames

Joined: 27 Jul 2006
|
Posted: Tue Oct 28, 2008 7:51 pm Post subject: |
|
|
The Korean market is known for it's volatility and Korean brokers are lying thieving people that will take you for all you've got and smile at you while they do it. Koreans say screw consumer protection regulations and believe the ends justify the means. Shady backroom deals are common here as is bribery.
Also, Korea has a notoriously huge problem with transparency in accounting and finances.
This is the LAST place in Asia to invest with confidence.
Hong Kong NOT Korea is the HUB of Asia.
Korea is the hubcap of Asia. |
|
Back to top |
|
 |
rippa
Joined: 11 Mar 2007 Location: Seoul
|
Posted: Tue Oct 28, 2008 9:07 pm Post subject: |
|
|
Well, my pay is in won, so...
I'm not looking for advice, but the means to try investing. |
|
Back to top |
|
 |
Dukey77777

Joined: 28 Jun 2007 Location: Chungcheongbuk-do
|
Posted: Tue Oct 28, 2008 10:24 pm Post subject: |
|
|
rippa wrote: |
Well, my pay is in won, so...
I'm not looking for advice, but the means to try investing. |
Agreed....please let us lose our money ourselves, instead of letting it devalue by just having it sit around.
Can anyone provide us with an answer? |
|
Back to top |
|
 |
Maka
Joined: 12 Jan 2008
|
Posted: Wed Oct 29, 2008 1:36 am Post subject: |
|
|
i use woori investment and security bank. They have an english language website and the commission is very cheap. I already had a woori regular bank account so it was relatively easy to set up. You would definately need a korean friend to help you though. |
|
Back to top |
|
 |
rippa
Joined: 11 Mar 2007 Location: Seoul
|
Posted: Wed Oct 29, 2008 11:21 am Post subject: |
|
|
I wonder if they are a different format from Shinhan. I asked there, and they can supply access to mutual funds, but not individual stocks (they mentioned "in the case of foreigners") |
|
Back to top |
|
 |
|