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Foreign Portfolio Investments
The Great
#1 Posted : Thursday, June 16, 2016 3:26:08 PM
Rank: Member


Joined: 9/9/2015
Posts: 233
I have noticed records of active direct share purchases in foreign companies in Other countries including South Africa. Kenya however only talks of forex trading.

How have you guys been buying Chinese, Portuguese, American securities?

Watu ni kusaidiana
"Buy when there's blood in the streets, even if the blood is your own."
Realcement
#2 Posted : Thursday, June 16, 2016 3:36:33 PM
Rank: Member


Joined: 7/21/2014
Posts: 100
Location: Ghana
check out

www.iocbc.com

Where you can invest in Singapore securities and several markets (including USA)
The Great
#3 Posted : Friday, June 17, 2016 9:48:53 AM
Rank: Member


Joined: 9/9/2015
Posts: 233
@Realcement,thank you. Ill check it out
"Buy when there's blood in the streets, even if the blood is your own."
The Great
#4 Posted : Friday, June 17, 2016 9:52:35 AM
Rank: Member


Joined: 9/9/2015
Posts: 233
I notice you are based in Ghana. Thats one of the countries I noticed these services are available. Have you personnally dealt with iobc? Do you have more alternatives?
"Buy when there's blood in the streets, even if the blood is your own."
The Great
#5 Posted : Friday, June 17, 2016 9:55:22 AM
Rank: Member


Joined: 9/9/2015
Posts: 233
I notice recently those trying to buy into US companies especially from Malaysia seem to be frozen out especially when registering. Has that happened in Ghana too?
"Buy when there's blood in the streets, even if the blood is your own."
Nabwire
#6 Posted : Friday, June 17, 2016 10:46:00 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
The Great wrote:
I notice recently those trying to buy into US companies especially from Malaysia seem to be frozen out especially when registering. Has that happened in Ghana too?



As far as I know, you HAVE to have a social security number or an ITIN ( Individual Tax Identification Number) before you can invest in the US market. Chunga conmen. Americans wont let you to just invest in their market, without taxing you!
The Great
#7 Posted : Saturday, June 18, 2016 1:50:24 PM
Rank: Member


Joined: 9/9/2015
Posts: 233
I meant the brokers dont want you trading us securities at all.
You make a good point about taxes and conmen
"Buy when there's blood in the streets, even if the blood is your own."
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