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blaseblasphemener
Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be
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 Posted: Sat Oct 20, 2007 5:05 pm Post subject: Where can I buy stocks in Korea? |
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| I want to buy some stocks, and wondering where users on this board do that. Do you use an online account? What, if any, are the tax implications as an expat? |
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Ya-ta Boy
Joined: 16 Jan 2003
Location: Established in 1994
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| Posted: Sat Oct 20, 2007 5:11 pm Post subject: |
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| A glutton for punishment, I see. I would have thought you got enough of being pilloried here at Dave's. |
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blaseblasphemener
Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be
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| Posted: Sat Oct 20, 2007 5:14 pm Post subject: |
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| Ya-ta Boy wrote: |
| A glutton for punishment, I see. I would have thought you got enough of being pilloried here at Dave's. |
way? |
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BTSskytrain
Joined: 11 Oct 2007
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| Posted: Sat Oct 20, 2007 5:17 pm Post subject: korean stock market? |
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blase,
stay away from the KSM. buy Vanguard index funds via the internet. it'll beat the market average over time hands down.
no load funds. never pay a load. $500.00 bucks monthly for 20 years will catch you a nice nest egg. $1000.00 will be even sweeter |
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blaseblasphemener
Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be
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| Posted: Sat Oct 20, 2007 5:51 pm Post subject: Re: korean stock market? |
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| BTSskytrain wrote: |
blase,
stay away from the KSM. buy Vanguard index funds via the internet. it'll beat the market average over time hands down.
no load funds. never pay a load. $500.00 bucks monthly for 20 years will catch you a nice nest egg. $1000.00 will be even sweeter |
Cheers BTS, I'll check that out! |
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Milwaukiedave
Joined: 02 Oct 2004
Location: Goseong
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| Posted: Sat Oct 20, 2007 7:16 pm Post subject: |
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Blase,
I'll have to second that on staying away from Korean stocks. I bought two and have done terribly with both. One of them I have held on to because I believe it will eventually go back up (it's one of the bigger banks in Korea) the other one I sold at a 500,000 won loss. I have some of my funds in a money market account and another investment account through my wife that gets a pretty good interest rate. |
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blaseblasphemener
Joined: 01 Jun 2006
Location: There's a voice, keeps on calling me, down the road, that's where I'll always be
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| Posted: Sat Oct 20, 2007 8:12 pm Post subject: |
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Milwaukie, I appreciate the advice.
I'm not thinking of the Korean market, although I wouldn't be averse to it, as I'm thinking long term, not in cashing out.
I'd actually like to buy some B class shares in Berkshire Hathaway, if possible. I like the idea of an indexed fund, as well. Just thinking looong term, and would like a 10%+ rate of return, over the long haul.
Right now just in the idea stage, but want to know what my options are, so would like to hear the experiences of investors on this board. |
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Kenny Kimchee
Joined: 12 May 2003
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