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Singapore and a number of countries have recently significantly relaxed their coronary disease prevention measures, triggering a dramatically grow of traveliing and a surge in demand for fight tickets, coupled with soaring fuel prices and inflation, which has seen airfares soar higher than before the outbreak in just over a month.
The suppressed travel boom that has prevented people from travelling abroad freely for the past two years has be...
The suppressed travel boom that has prevented people from travelling abroad freely for the past two years has be...
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Article is up on the site for anyone who needs a refresher.
$Biora Therapeutics (PROG.US)$ $Paltalk (PALT.US)$ $Bitcoin (BTC.CC)$
$AEterna Zentaris (AEZS.US)$ $Pedevco (PED.US)$
$Biora Therapeutics (PROG.US)$ $Paltalk (PALT.US)$ $Bitcoin (BTC.CC)$
$AEterna Zentaris (AEZS.US)$ $Pedevco (PED.US)$
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Hi, mooers!
Welcome back to the SG Guidebook series! In the previous part: "SG Guidebook: Why should we invest in US stocks?", we received so much valuable feedback that means a lot to us.
On this page, we will introduce some must-known and frequently-asked questions that you probably don't wanna miss.
Here are the key takeaways:
The US market has pre-market and post-market to extend trading hours.
You can buy or sell 1 share each time.
Taxes on dividends is 30%. But you are exempt from the US capital gains tax.
1. Different Market Rules
Market trading hours:
Unlike the Singapore stock market, the US stock market has pre-market and post-market, which expends the trading time of the day.
Note: During the US winter time (US standard time starts on the 1st Sunday in November and ends on the 2nd Sunday in March), the trading time shifts to SGT 10:30 pm to 5 am.
Minimum share:
On the US stock market, you can buy or sell 1 share for every single trade, while in the Singapore stock market, you can onlybuy or sell100 shares or the integer multiples of 100 shares each time.
Take $Apple (AAPL.US)$ as an example: you can buy 1 share for US$145.58.
Take $SGX (S68.SG)$ as another example: you have to buy at least 100 shares for SG$1,008.
2. Taxes and fees:
As people always say, there are two things that we can't get rid of, which are tax and breath.
What do you have to pay for taxes on US stocks? Let's check it out!
Taxes on dividends
Non-resident aliens are subject to a dividend tax rate of 30% on dividends paid out by US companies.
Capital gains tax
If you are a non-resident alien of the US, then you are exempt from the US capital gains taxes without being a tax-slayer. Normally, a US citizen needs to pay capital gains taxes (up to 37% of gains) when selling the shares for a profit.
Note:
Non-Resident Alien (NRA) includes people who are not US citizens, green card holders, nor living in the US for 183 days during the year.
The above information is quoted from US Tax Guide for Aliens and made available for informational purposes only. Futu does not provide tax advisory services. Please consult a licensed professional for details.
Miscellaneous fees
Besides brokerage fees, there are other miscellaneous fees collected by the SEC or Settlement Agencies.
On the US market, those fees include:
On the SG market, those fees includes:
To get more details about commission&fees, please go to "Me-HelpCenter-Fees".
3. How to start trading?
Join the US Stock Paper Trading to win up to SGD8,888
A good start is half success. Without risking your own money, you can improve your investing skills & trading strategies before you enter and beat the market.
Your $1,000,000 Virtual Cash is fully loaded. Join Now and Win Big >>
Have fun in your investing journey! Please leave your comment below for any ideas or questions.
You may also be interested in:
SG Guidebook: Why should we invest in US stocks? (Part 1)
Singapore User Guide: How to trade stocks on moomoo?
Welcome back to the SG Guidebook series! In the previous part: "SG Guidebook: Why should we invest in US stocks?", we received so much valuable feedback that means a lot to us.
On this page, we will introduce some must-known and frequently-asked questions that you probably don't wanna miss.
Here are the key takeaways:
The US market has pre-market and post-market to extend trading hours.
You can buy or sell 1 share each time.
Taxes on dividends is 30%. But you are exempt from the US capital gains tax.
1. Different Market Rules
Market trading hours:
Unlike the Singapore stock market, the US stock market has pre-market and post-market, which expends the trading time of the day.
Note: During the US winter time (US standard time starts on the 1st Sunday in November and ends on the 2nd Sunday in March), the trading time shifts to SGT 10:30 pm to 5 am.
Minimum share:
On the US stock market, you can buy or sell 1 share for every single trade, while in the Singapore stock market, you can onlybuy or sell100 shares or the integer multiples of 100 shares each time.
Take $Apple (AAPL.US)$ as an example: you can buy 1 share for US$145.58.
Take $SGX (S68.SG)$ as another example: you have to buy at least 100 shares for SG$1,008.
2. Taxes and fees:
As people always say, there are two things that we can't get rid of, which are tax and breath.
What do you have to pay for taxes on US stocks? Let's check it out!
Taxes on dividends
Non-resident aliens are subject to a dividend tax rate of 30% on dividends paid out by US companies.
Capital gains tax
If you are a non-resident alien of the US, then you are exempt from the US capital gains taxes without being a tax-slayer. Normally, a US citizen needs to pay capital gains taxes (up to 37% of gains) when selling the shares for a profit.
Note:
Non-Resident Alien (NRA) includes people who are not US citizens, green card holders, nor living in the US for 183 days during the year.
The above information is quoted from US Tax Guide for Aliens and made available for informational purposes only. Futu does not provide tax advisory services. Please consult a licensed professional for details.
Miscellaneous fees
Besides brokerage fees, there are other miscellaneous fees collected by the SEC or Settlement Agencies.
On the US market, those fees include:
On the SG market, those fees includes:
To get more details about commission&fees, please go to "Me-HelpCenter-Fees".
3. How to start trading?
Join the US Stock Paper Trading to win up to SGD8,888
A good start is half success. Without risking your own money, you can improve your investing skills & trading strategies before you enter and beat the market.
Your $1,000,000 Virtual Cash is fully loaded. Join Now and Win Big >>
Have fun in your investing journey! Please leave your comment below for any ideas or questions.
You may also be interested in:
SG Guidebook: Why should we invest in US stocks? (Part 1)
Singapore User Guide: How to trade stocks on moomoo?
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Im not sure i can even fit all the metrics that i use without making it too boring but ill try. First is scanning the news for any clues of where the market is leaning towards,like oil prices, government program announcements, strength of the dollar, or mergers and acquisitions. After that I look up analyst upgrades to buy and strong buy and initiated coverage. I focus on small to midcaps under 30.00 since they will have the biggest increases percentage wise. Last is to look up insider buying, but you only want insider stocks that have good average volume and stay away from the financial companies(banks and trust). After all this, the list made will be from 10-20 stocks. Separating them by the size of their float, option contracts (length,amount available, amount purchased),and 20ma and 50ma. Checking news stories for them the last 30-90 days plus SEC filings and when ER was or if its coming up. To further break them down also figure how close they have been to their average volume the last 3 months. Doing all this should give you a top 5 or top 3 to choose from for the following days investments. But the most success i have had profiting off of stocks has been from watching stocks move in premarket and during market hours and jumping into them before they take off. On the downside that has also been how i have had the highest percentage losses, that and holding thru ER. So the safest and most profitable overall will always be the stocks that have been researched extensively and held the longest. That is the only way to succeed in the market. Daytrading and jumping from stock to stock should only be used for entertainment purposes because they have a 99% breakeven or loss outcome. My profits come from the tried and true investor method. The rest is just for a daily challenge with a lot of fun and excitement added in. Helps keep my mind sharp. Now you know all my secrets to investing so i wont be needed anymore.
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$Futu Holdings Ltd (FUTU.US)$
Many of you know that moomoo recently changed its logo – from the logo that moomoo long shared with Futubull to an exclusive just-for-moomoo logo. (If you haven’t seen it, just update the app on app store or google play.)
There’s a story behind this change, and I’d like to share it.
Early on, we made a unique logo for moomoo, but decided to keep it under wraps and instead use Futubull's logo for moomoo. The reason was simple: To let everyone know that upstart moomoo was developed by Futu Holdings – a bigger, more established brand.
We’re happy that that’s not necessary now. Thanks to a great team, great products, and great customers like you, moomoo has become a familiar name in the markets it serves. It’s growing qui...
Many of you know that moomoo recently changed its logo – from the logo that moomoo long shared with Futubull to an exclusive just-for-moomoo logo. (If you haven’t seen it, just update the app on app store or google play.)
There’s a story behind this change, and I’d like to share it.
Early on, we made a unique logo for moomoo, but decided to keep it under wraps and instead use Futubull's logo for moomoo. The reason was simple: To let everyone know that upstart moomoo was developed by Futu Holdings – a bigger, more established brand.
We’re happy that that’s not necessary now. Thanks to a great team, great products, and great customers like you, moomoo has become a familiar name in the markets it serves. It’s growing qui...
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$NeuroBo Pharmaceuticals (NRBO.US)$
whenever I “invest,” I set aside funds for averaging down to the next bottom. i assume my entry point is ill-timed. then i patiently(most of the time) wait until it hits my goal. finally, i will then ladder UP my sell orders to try to hit the top of each new high. after high, i continue selling back to near where my original sell floor was at. wash rinse repeat. if i get burned ( $Marin Software (MRIN.US)$ , $Meta Materials (MMAT.US)$
whenever I “invest,” I set aside funds for averaging down to the next bottom. i assume my entry point is ill-timed. then i patiently(most of the time) wait until it hits my goal. finally, i will then ladder UP my sell orders to try to hit the top of each new high. after high, i continue selling back to near where my original sell floor was at. wash rinse repeat. if i get burned ( $Marin Software (MRIN.US)$ , $Meta Materials (MMAT.US)$
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