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Stock market
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HardyandTiny



Joined: 03 Jun 2003

PostPosted: Thu Jan 22, 2004 3:20 am    Post subject: Reply with quote

kangnamdragon wrote:
What is the website for the Samsung trading company?


For Americans: What is the best online company?...please tell me from experience......from which I could buy a Korean stock....

Sorry, not sure about that. I use E-trade, which does have a Korean site; www.etrade.co.kr. I don't trade Korean stocks and I'm not sure how that works but you can buy Korean stocks via that site.
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HardyandTiny



Joined: 03 Jun 2003

PostPosted: Thu Jan 22, 2004 3:24 am    Post subject: Reply with quote

princess wrote:
Last year my Korean roommate lost about $2000 fooling around with the stock market. To me, money is just too hard to get to gamble it away on stocks.

You can't "fool around". I spend three hours a day studying the stock market.
Don't fool around and you can make money. it's not magic.
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The Man known as The Man



Joined: 29 Mar 2003
Location: 3 cheers for Ted Haggard oh yeah!

PostPosted: Thu Jan 22, 2004 10:00 am    Post subject: Reply with quote

I bought $2000 worth of Nortel when it was 50cents.

If I had liquid cash right now, I'd buy more of it even though its closing in on 10 dollars.
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TECO



Joined: 20 Jan 2003

PostPosted: Thu Jan 22, 2004 10:47 am    Post subject: Reply with quote

Anyone tried D.R.I.P.S.?

All your dividends get rolled back into purchasing new shares automatically. Kind of a compounding effect.

Also, you can buy shares directly through the transfer agent - commission free!

A great way to invest IMO. Here's a list of DRIPS offered through CIBC Mellon Trust
http://www.cibcmellon.com/websiteopen.nsf/DRIPs?OpenView
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kangnamdragon



Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea

PostPosted: Tue Feb 03, 2004 9:26 pm    Post subject: Reply with quote

So, does anyone have an English speaking stock broker in Korea??

I know which stock I want to buy, so don't worry about that. I just need someone to help me do it.
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Alex Buffa



Joined: 31 Jan 2003
Location: South Korea

PostPosted: Wed Feb 04, 2004 5:15 am    Post subject: Reply with quote

Samsung securities has an English trading website

all in real-time and MUCH better than e-trade...the US trading companies charge a fortune for their trades..it's hardly worth it.

http://english.samsungfn.com

you need quite a few documents..but once your in..the system costs so little to trade you can make quite a nice percentage

(.14% as opposed to 1% + rate commisions stateside)

Alex
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kangnamdragon



Joined: 17 Jan 2003
Location: Kangnam, Seoul, Korea

PostPosted: Tue May 11, 2004 10:02 pm    Post subject: Reply with quote

I now buy Korean stocks online. I think it is a good time to buy, as the market has fallen a lot recently. When the Korean president is reinstated Friday, more stability may incur in the market.
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