MY PREVIOUS POST FOR YOUR AWARENESS

FOCUS IS THE KEY FOR OFFSHORE INVESTMENT

Why Trade Offshore ?
The main reason is to spread your risk accross different economies and across different currencies.

When you decide and open an online account, decide on which sector to trade. It is viable to trade on industrials in US market, Mining/Resources stocks in Canada / Australian market,Gokd, Banking. Property and Oil & Gas in Hong Kong.

You may find your preferred stock crosslisted in another market this gives you opportunity to trade on your chosen stock in another market. For example BHP Bilton, a world leading mining stock with primary listing in Australian market is cross listed in South African, US and London market . It is your choice on which market to trade on. But you have to follow the stipulated regulation of the country the stock is listed to register for online trading.
You havee a very high chance to succeed if you trade on blue chips and sector leaders, as they are the pulse of the market and on the long term major indices tend to rise year in year out.

It is a wondeful experience to trade overtdseas especially outside Africa.
Have a look at a few big stockbrokers :=

US MARKET
www.tdameritrade.com

HONG KONG
www.kgieworld.com

AUSTRALIA/OCEANIA
www.comsec.com.au

SOUTH AFRICA
www.psgonline.co.za

TRANSACTION COST

This is a cheering news, HNK has one of the lowest rates in the world.

It cost less than one percent of the volume to either buy or sale.
There are no discount brokers in Hong Kong. Discount brokers are the ones that have a fixed rate of transaction cost irrespective of the volume of transaction.

MY SIX YEARS EXPERIENCE IN HONG KONG MARKET.

Our greatest Glory is not in never falliong but rising evey time we fall

Quite unlike you reading this article, I had no guidance I just dived into the market with neither focus nor strategy.

1st Disaster 2005 - 2006
We opened a joint account first with Taifook and later with KGI in early 2005.
As true black Africans our first pick was penny stocks. We swooped on a large voulumes starting with the minimum HNK$10,000 and within four months we made 60% gain.
We used the gain buy some units of another penny stock. That was the begining of the disaster, the stock went virtually valueless.
We did not recover from there.

Second Attempt 2006 - 2008
We funded our accounts back with the minimum. Became wiser as we realised it is better to have a few units of something than a large units of nothing.

This time we positioned on China biggest bank by market cap ICBC (ode 1398) at HNK$3.95 it rose to 5.57 in 2008 but unfortunately the rise was erased by world economic melt down in late 2008.
It went as low as HNK 2.98 .
We waited and sold iot in Feb 2009 at 3.90.

Back To Business (3rd Attempt) 2009 to date.
I did lots of reading and research on oil and gold stocks and we took a bold decision that hencefortth in Hong kong market we will focus on Gold and Oil.
The good news is that since june 2009 we have grown our HNK portfolio by 60% by positioning at intervals to buy and sale gold and oil stocks based on research and on stocks that responds positively to Oil & Gold prices in the spot market. So far the accuracy is 99.999%


So for now till 2015/16 I am in Hong Kong market for Oil & Gold counter.
Investors lounge articles by Mzee KK is a good source of info on the most likely direction of oil and Gold prices, but you must also understand the violatility and the underlying reasons. as it is not always upwards rising or downward sloping.

COMPARISON OF TAIFOOK AND KGI STOCK BROKERS.

User Friendliness := I give it to KGI
Quality Of Research:- Give it to Taifook
Online Infrastructure :- KGI. In Taifook you cannot place order before 7.00 am HNK time.

Account Management :- KGI. It gives daily interest on idle funds using prevailing interest rate.

Size:- KGI, is a regional broker covers Taiwan, Thailand

Customer Service :- Taifook

GOLD AND OIL PRICES MID 2009 TO DATE


Mid 2009
Oil price was USD 35 per barrel
Gold Price was USD 800 per ounce

MAY 2010
Oil Price 75 USD Per barrel
Gold Price USD 1210 Per ounce


So any IDIOT (like me) who positions at the right Gold or Oil stock in Hong Kong markrt is expected to make gains in respective blue chip stocks.

@mzee young, in my opinion,dealing in metals will burn you soon, and oil perhaps later, even dealing in their stocks as some analyst will drive you to think needs caution, you are better of with stocks that reflect true productive value (which oil often may) rather than stores of value (gold)that are escalating faster than currency which is the best measure of an economy. I wonder why one would consider an object that does not report growth/returns/profits/loss a long term value? If i were you i would leave that hyper speculative arena as fast as i can.

IDEAL STOCK PORTFOLIO MIX

Finance (African market still the most secure)
Production /Manufactoring
Commodities precious / Heavy metals
Energy Oil and Gas)
Technology (Ideal in US Market)

Mzee Chaka,

You made me laugh !!!!
I am a middle income earner earning only salary in a petroleum exploration company. I have been working here for the past 22 years so you should expect me me to be at reach at middle level management.

My source of funds is from salary / allowances
soft loans from coop
funds from my wife

Investmenta (stocks /real estate) actually for us is a family business which we intend to psss to the next generation.
If you have the right skills it is much easier to grow your funds in overseas market than in Africa.
In Canadian market between 2005 to date we have increased 1,200 CAD initial investment in Barrick gold Canada to 5,200 USD.
Somebody thst has far more than me can just invest all in Nigerian market, but we prefer to spread the risk to different areas / sectors.
We always start small and I believe in small beginings so my aim is not to scare anybody, I am very ordinary, mere workman. We started to wake up by year 2000.
Be aware my wife is a good investor and she specialises in US market. Some of the skills were got from her. We divide the work, She specialises in US, Canada, Ghana and Singapore while my take is in Asia, Oceania.
Lets I forgot in Australia market we started with USD 500 and the portfolio now is worth USD 2,500 rotating between BHP Bilton, Oceanic Gold and Newcrest.
So be aware with patientce, focus, consistency it is possible.

Thanks and regards

Mzee Much Know,

Thanks for your concern about Gold and Oil stocks,
but be aware that it is risky to invest on a sector you do not know about. Luckily for me I have more than enough facts and I have been working in the petroleum exploration company for the past 22 years.


Gold will continue to be bullish till 2015/2016
Oil will be bullish until 2023.

Bullishness entail occasional fluctuations.

I have been trading on oil and Gold blue chip counters consistently for the past 4 years with proofs to tremendous growth in my portfolio so I not writing theories.
Like me I do not understand FX trading so I condemn it, you have the right to condemn what you don't understand. Be aware that IMF, world bank and advanced world store and sale gold periodically. I do not buy gold directly but I buy into blue chip Gold producing counters, and they produce quarterly and other financial statements which is subject to analysis.
Energy is made of oil and gas, oil sands,
Commodities is made of :-
Precious metals (Gold, silver, platinum)
Heavy metals (Aluminium, Iron Ore, Zinc)
Agric (Wheat, Cocoa, Soghum, sugar, rice,
fertilizer)

So I have a full basket of options depending on the reigning commodity to invest on during my life time what is important is to understand what one is doing.

In neigbouring Tanzania, the gold resources managed by Barrick gold is so much that Barrick Gold INC Canada, had to float Barrick Africa in London Stack Exchange few weeks ago. Yet it was not floated in Tanzania bourse. That means we foreigners will be buying into Tanzania natural resources at the end who will be better off ?


World spot Gold price is around USD 1,200, be aware
that I position in some gold stocks in mid Feb when Gold price was us$1,050 because gold stock addicts know as a simple ABC that the peak of gold in 2009 was USD1,221, and conservatively for 2010 it must at least reach the 2009 peak. The price is now around 1,200. People like us will soon take profits and wait again for the downswing.

On a final note, the most important thing is my contribution on how to invest overseas, it is your choice on which sector or counter you want to invest in.Thanks and Regards

INVESTMENT COMPANION FOR CHINESE STOCKS.

It is a known fact that most Chinese companies are cross listed in Hong Kong exchange.

//chinainvestor.com


is a very useful site for daily market coverage of chinese companese globally.