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Thinking about owning a bit of Apple or Tesla? Youu2019re in good company. Watching Wall Street rise and fall can give Malaysians major FOMO. But here's the good news: you can own US stocks without crossing oceans or losing your cool.
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Thinking about owning a bit of Apple or Tesla? You’re in good company. Watching Wall Street rise and fall can give Malaysians major FOMO. But here's the good news: you can own US stocks without crossing oceans or losing your cool. Step one: start by registering with a broker. Forget rushing to Kuala Lumpur for paperwork like it’s the 90s. Nowadays, most investors go digital with brokers like Tiger Brokers, eToro, or Interactive Brokers. Get ready to submit passport scans, utility bills, and maybe a selfie that looks like it just saw a ghost. Verification usually takes a few days—unless your selfie blinked. Next: transfer the funds. This is the part that terrifies people like a midnight ghost story. Depositing USD? Malaysian banks often charge high fees and poor conversion rates. Use BigPay or Wise—they offer better rates and less hassle. Be aware of deposit limits; you don’t want to quit before starting due to a $500 minimum. Now for the main event: picking your stocks. Don’t follow tips from your cousin’s girlfriend’s uncle saying Nvidia’s the future. Study financials, earnings reports, and maybe some Reddit DDs. Many brokers offer “fractional shares” so RM100 can get you a slice of Amazon or Google. When you place your first order, it’s like biting into a durian: scary but rewarding. “Market” orders execute instantly, while “Limit” orders wait for your chosen price. Click wisely—no one wants to pay double for Amazon by mistake. But wait—taxes! The US government takes 30% of your dividends unless you file the W-8BEN form. Completing it can be confusing, like building Ikea furniture without instructions—but do it. Fill it, send it, and you’re good. Watch out for fees. Broker fees range from $0 follow us market live to $10 per trade. Some platforms charge inactivity fees too. Check your statements and dispute anything fishy. Finally, don’t let your feelings trade for you. Wall Street moves on hype, social media, and madness. Don’t dump your portfolio just because Elon tweeted again. Slow and steady beats the quick and jittery. It might seem futuristic, but cross-border investing is old- school. Hold on to your ringgit and your reason. Even with market dips, there’s always enough for teh tarik and kuih. Enjoy your stock shopping journey!