Showing posts with label Apply. Show all posts
Showing posts with label Apply. Show all posts
Friday, August 28, 2015
How to Buy Stock in China
Open a suitable trading account with a broker that does business with Chinese stock markets, such as the Shanghai Stock Exchange. Most of the major US brokerages, such as Merrill Lynch, can provide this service. However, mainland Chinese stock exchanges categorize stocks as Class A or Class B, and foreigners can only trade in Class B stocks. Class B stocks are especially risky and many are dogs. It is best to skip directly to Step 2.
Apply for and get at least a temporary residency visa for Hong Kong or Macau. Only residents of Hong Kong or Macau are allowed to trade on the Hong Kong Exchange, so if you are not already in possession of a visa, you will need to get one. This will require at least a valid passport, criminal background check, and proof that you are in good health.
Open an account with a brokerage that does business on the Hong Kong Stock Exchange. Most (but not all) of the best companies in China are also traded on this exchange, and there are none of the limitations that force investors to put money into highly risky 'B' stocks. Start by investigating the list of brokers that do business there and picking one that suits your needs. A partial list is provided under Resources.
Download and complete either the Individual or Joint Investor Form, as well as the Debit Authorization Form. Regardless of who you choose as your middleman for trading in Hong Kong, you will need to submit these standard forms, in addition to what your broker requires to open an account. However, the good news is that if you have a valid visa, that is the only major document required to file these forms. Processing will take 2-3 weeks by mail, or mere hours if filed in person.
Transfer funds from your home bank to the Hong Kong account.
Saturday, August 22, 2015
How to Open a Stock Market Account
Select an online stock broker. It is important to compare stock commissions, other fees and the services the broker provides through their website. Changing brokers can cost $100 or more, so this is an important step. The Smart Money broker 2009 Broker survey is linked below. The top three rated brokers in the survey were E-Trade, Fidelity and Charles Schwab.
Apply online for an account with the selected stock broker. The online application process will take about 10 minutes and you will receive instant approval and an account number. Stock brokers are required to collect employment information to comply with Securities and Exchange Commission rules.
Fund your brokerage account. Money can be sent to a stock broker account by wire transfer, electronic ACH transfer or by sending a check. Wire transfer is the fastest but has fees on both ends. It takes three to four days to set up an ACH transfer. Once set up, ACH is an easy way to move money in and out of your stock account.
Familiarize yourself with the broker's stock order screen and place trades for the stocks you want to own. Stock purchases are done by designating the number of shares. A market order will be filled at the current price. If you want to buy or sell at a specific price, use a limit order.
Thursday, August 20, 2015
How to Refinish a Gun Stock
Lay out a drop cloth to catch runoff from the stripping process.
Unscrew the butt plate.
Apply stripper to the stock with a brush. Use either a toothbrush or a small detailing brush to get to the hard-to-reach places.
Wait between 15 and 25 minutes, as directed by the instructions on the stripper bottler.
Check the progress of the stripping by trying to move the sludge with a plastic scraper. If it comes off easily, the stripper is done. If not, wait longer.
Scrape the old finish off with the plastic scraper.
Repeat the process if necessary.
Place a wet washcloth over dents and scratches in the stock, and then even these out by pressing the wood around them with the iron.
Remove the remaining trace imperfection using the sanding block with medium-grade sandpaper. Be careful to not take off too much wood. Major dents and scratches should be dealt with by pressing, and sanding is just to touch up. Do not sand the chequering.
Create a smooth finish with the sanding block and a fine grade of sandpaper.
Apply wood finish with the brushes to the stock, and leave this to dry for several hours.
Apply lacquer to the stock with the brushes, leaving each layer to dry for several hours apiece. Between two and four layers will be necessary.
Screw the butt plate back on.
Wednesday, August 19, 2015
How to Replace the Stock for a Remington 11
Unload your shotgun outdoors, and double-check it to ensure all the rounds have been emptied from the chamber. Leave the action open to better ensure the barrel remains free.
Remove the two Phillips-head screws from the butt plate pad at the rear of the butt stock.
Remove the butt pad and plate from the stock. Apply slight pressure to the pad to loosen any adhesive that may have been used during assembly.
Remove the action spring tube nut and lock washer made accessible when you removed the stock pad. Remove the nut with a standard pair of needle-nose pliers by fitting the tips into the nut. Turn the nut counter-clockwise to unscrew and remove.
Remove the stock from the shotgun body by grasping the body in one hand and slightly working the stock side to side with the other while pulling it away from the gun housing.
Install the new stock by sliding it onto the action tube and into the gun body. The stock end to be fitted into the gun body is milled to fit precisely.
Reinstall lock nuts and action spring tube nut in the same order in which they were removed. Tighten the nut by hand until snug, then completely tighten with needle-nose pliers to secure the stock to the gun body.
Replace the butt stock pad mount and pad to the new gun stock. Insert the Phillips-heads screws and securely tighten them with a Phillips screwdriver.
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