Showing posts with label foreign. Show all posts
Showing posts with label foreign. Show all posts

Tuesday, August 25, 2015

How to Buy Toyota Stock (8 Steps)


Research Toyota stock. Pull up a chart and most recent news articles. The ticker symbol for Toyota is TM (NYSE---TOYOTA MTR CP ADS). If you have a broker, request analyst reports. See Resources for a link to Yahoo! Finance research on Toyota.
Review the definition of an ADS. According to InvestorWords, an ADS is, 'A U.S. dollar-denominated equity share of a foreign-based company available for purchase on an American stock exchange.' ADS shares are usually issued by a bank. Essentially, these are international stock certificates.
Determine if you want a broker (face to face) or an online broker account. Do you need to be able to reach someone or do you prefer a text? If you are looking to make a trade at a discounted rate, finding an online brokerage is key. E-trade and Ameritrade are two reputable online firms.
Request an application or fill out an online application. You will be required to send or wire funds if you open the account online.
Determine how much you want to invest in Toyota at the given price. If you want to invest $100,000 and Toyota is selling for $100 you can buy 1000 shares, disregarding transaction costs. That is, divide the amount you wish to invest by the current price of the the Toyota ADS. This is an estimate of the amount of shares you will be purchasing at the current price.
Make a Buy Order. Follow the instructions to make a purchase (buy) order if online or call up a representative to help walk you through it. You will need to have the ticker symbol (TM), amount of shares you wish to purchase, the price you would like to purchase the shares at, and the length of time you would like the order to remain outstanding ('good until' date).
Buy mutual funds. Another way to buy Toyota stock without actively managing it is to buy mutual funds with Toyota ADS holdings. The largest holders of Toyota are Fidelity Diversified, Fidelity Overseas Fund, and Fidelity Blue Chip Growth Fund. Franklin Templeton VIP TR---Foreign Securities Fund also owns a significant share.
Request or print out the confirmation on the 'good until' date, the number of shares and the price.

Monday, August 24, 2015

How to Buy Stock on the Swiss Exchange (4 Steps)


Choose a brokerage firm or bank that is able to execute orders for you to buy stock on the Swiss Exchange. Most major US brokerage firms can trade on the Swiss Exchange through a Swiss bank. Another option is to open a brokerage account directly with a Swiss brokerage firm or bank. Some online discount brokers also can place buy and sell orders on the Swiss Exchange.
Familiarize yourself with the rules and costs of buying Swiss stocks. Switzerland has liberal regulations for foreign investment, but you should check on your liability for paying Swiss taxes in addition to US taxes on any profits you may realize. Any purchase of foreign stock must be made in that country's currency. This means you will have to pay an additional fee to exchange US dollars for Swiss francs.
Learn the basics of foreign currency exchange and how it affects buying stock on the Swiss Exchange. When the Swiss franc is 'strong' against the dollar, Swiss stocks are relatively more expensive. The reason this is important is that if the dollar strengthens while you hold a Swiss stock, the change in currency rates will cause you to receive fewer dollars for the Swiss francs---and this can turn a paper profit from stock appreciation into a net loss. To monitor the exchange rate, go to any foreign exchange website and look for the US dollar/Swiss franc rate. This will be listed as USD/CHF, followed by the exchange rate, which tells you how many Swiss francs it takes to buy one US dollar.
Execute your order via your brokerage or bank trading account. This is a much simpler process than it once was. Your broker needs only to enter your buy order using the SIX Swiss Exchange trading platform, and your trade is normally executed in seconds. As with other exchanges, you can place limit orders, buy on margin, and do all the other types of transactions you are used to.