Investing in China with Cautions
Because of my connection with China, I always keep an eye on what’s happening 6000 miles away from my house. These days, the biggest story in China seems to be that its once relentless climbing stock markets finally hit the break. Since closed at record high on May 29th, the Shanghai Stock Exchange Composite Index [...]
First Trading Experience with Zecco
A week after I opened a Zecco Trading account (check out my Zecco review post for details on account opening process) and initiated an ACH fund transfer, the money finally came through and I got the chance to make my first trading with Zecco.
I requested an ACH transfer of $1,000 last Friday evening from my [...]
Zecco Review Plus Free Trading Account Opening Process
Zecco Trading is an online broker that lets you buy stocks/ETFs for free. Open an account with a minimum $25,000 and receive commission free trades.
Well, I eventually opened a Zecco account after mulling the idea of getting commission free trading for a long time. The main attraction is, of course, zero commission trading. Currently, I [...]
PHO’s New Competitors: Claymore S&P Global Water ETF and First Trust ISE Water ETF
Not long ago, investors who are looking for investment opportunities in blue gold, water that is, could find themselves facing very limited choices other than individual stocks as there are only a couple of water related indexes and the only practical choice seems to be the only water related ETF, PowerShares Water Resources ETF (PHO), [...]
Generating Passive Income with Dividend-Paying ETFs and Stocks
I like the idea of letting money work for me on its own. One way to do that is buying equities that generate dividends. Last year, about 10% of our gains are from dividends, capital gains, and interests. Since long-term qualified dividends are taxed at a much lower rate (at most 15%) than short-term capital [...]
Zecco Promotion: Lowers Account Minimum, for now, but Keeps the News like a Secret
Early last week, I learned that Zecco the commission-free online brokerage firm, is running a promotion with lowered account minimum from $2,500 to $1,000. That seems to be a good news for small investors who can’t meet the initial deposit requirement. In fact, the $2,500 minimum is the highest among several brokerages as shown on [...]
Following My Own Advice: Increased My Investment in PHO (a.k.a Water)
This morning I sold my position in PowerShares Dynamic Semiconductors (PSI) and used the proceeds to buy more PHO, PowerShares’ water ETF. The reason I am interested in investing in water has been explained before, but why PSI?
There are two reasons: First, I already have an investment in semiconductor and that’s TSM, a stock that [...]
Dollar-Cost Averaging: For Higher Return or for Lower Risk?
In the past couple of days, I did some further study on VFINX after I took a look at the market value and shares owned at the beginning of 2007 if I started investment in January 1988 with four different investment schemes (here’s the previous post). In this study, I use VFINX as a dollar-cost [...]
Nortel Consolidated Its Common Shares
When I looked at the quote of Nortel Network (NT) this morning, I couldn’t believe what I saw: $20.96 per share, up 875% from yesterday!
What’s going on?
Well, nothing much except that now I only own 230 shares instead of 2300 shares yesterday. NT implemented the consolidation today. The reverse split is at a ratio of [...]
Add Stock Quotes to Your Site for Free
I tried before to add quotes of stocks I own on my Diary, but didn’t get the right tool until last night when I found one from Yahoo Finance.
The tool is free, but only up to 10 stocks can be displayed, one with chart and the other nine quotes only (as you can see on [...]
