Resolved Question: Tax liabilities when selling stock in a foreign market?

I was given stock (traded on the Australian Exchange) a few years ago in a company that I no longer work for. I have recently decided that I would like to sell the stock and cash out. What are my US tax liabilities in doing so? I should have been clearer. I am a US citizen, living in the US. The HQ for the company was in Australia, hence the Australian stock. Given that addt'l info, are there any US tax liabilities when selling the Australian stock?

18 Oct 2009, 8:10 am | click here to view more

Resolved Question: what do you think of little aussie cricketer Don Fraudman?

he managed to turn the biggest financial scandal in South Australian history to his possess profit - and within 48 hours of the first alarm bells ringing "People accused Bradman of stealing the goodwill of the company and basically they were right," said Tom Phillips, a former long-serving Adelaide stock exchange president. "The client list should have been put out to tender so that every brokers could bid for it and the return placed against the Hodgetts' estate for distribution to creditors. "I have always believed that part of the reason Bradman became so reclusive was that he never wanted to face difficult questioning about the Hodgetts' collapse. "No one can doubt he was a great cricketer, but every this man of honour stuff - where does that arrive from?" krishnam i am asking about that controversy which happened. why the hell do you have a problem. people keep bringing up cronje although he is dead . why do you tutor me? and i am an aussie by the way. its another thing that ashamed of my convict heritage daler mehndi who was ranting against India few days ago now try to act like a sait. wrerent you calling someone "tenduckliar" ? Bill P, Don was a cricketer wasnt he?

11 May 2009, 5:07 am | click here to view more

Resolved Question: how to find deposit information on ASX?

I was hoping someone could tell me where abouts information on deposits that have to be made on the ASX can be found (Australian stock exchange). and also upon closing out your position do you receive this deposit back??? This needs to be Australian information as I am Australian and i mean deposit information on major contracts including 90 day bank bill, 10 year bond futures contract and SPI 200. I've looked on the ASX however i couldn't find the appropriate information as I'm sure they call it something else other than 'deposits'

16 May 2009, 4:45 am | click here to view more

Resolved Question: where can I see current share price online?

What is website I can look current share price or price at what stocks were closed and their history online. I want to look of every the stock exchanges in the world especially NY, Nikkie, and Australian. Whether there is a web for every or there is way in each exchange's possess website please tell me. Thank you.

19 Jan 2011, 12:56 am | click here to view more

Resolved Question: what do you think of greedy little dwaf bradman's fraud incident?

Headlined "The Don we never knew," David Nason's article in the Australian claims that Bradman showed some of his most nimble footwork when he managed to turn the biggest financial scandal in South Australian history to his possess profit - and within 48 hours of the first alarm bells ringing. The story focuses on the 1945 collapse of Adelaide stockbroking firm HW Hodgetts and Co, which Bradman joined in 1935 after relocating from Sydney. It was a move aimed at securing his future after cricket, but the company went below with debts of more than £120,000. "People accused Bradman of stealing the goodwill of the company and basically they were right," said Tom Phillips, a former long-serving Adelaide stock exchange president. "The client list should have been put out to tender so that every brokers could bid for it and the return placed against the Hodgetts' estate for distribution to creditors. "I have always believed that part of the reason Bradman became so reclusive was that he never wanted to face difficult questioning about the Hodgetts' collapse. "No one can doubt he was a great cricketer, but every this man of honour stuff - where does that arrive from?" this a a genuine Q tumtum, just because u dont like it doesnt make it a violation. don was a good batsman but not a good human being unfortunately typo - greedy little dwarf* Thanks Rehman of Multan

26 Jul 2009, 4:06 am | click here to view more

Resolved Question: What does a ASX/SGX merger mean for Australia?

I know little about the stocl exchange, but in the news the other night I heard that there may soon be a merger between the Australian securities exchange and the Singaporean stock exchange, but what does this mean? does it mean a falling Australian dollar? does this mean less or more Australian jobs? higher interest rate? is it good or bad? just please explain to me what this means?

26 Oct 2010, 1:48 am | click here to view more

Resolved Question: Can you buy foreign stocks using sharebuilder.com?

I want to buy some share listed on the Australian Stock Exchange. The only account I have is a sharebuilder.com one. Do they do this or am I SOL???

22 Dec 2009, 1:33 am | click here to view more

Resolved Question: Stock Market Index Historical Data?

I need historical performance data for the major stock market indices for about the past 2 to 3 months. I need the NASDAQ, S&P 500, Dow Jones, British FTSE 100, the French CAC 40, the German DAX, the Japanese Nikkei 225, the Indian Sensex and the Hong Kong Hang Seng Index, as well as the Singapore Exchange, the Australian every Ordinaries, and the Malaysian Bursa. any ideas?

30 Dec 2010, 12:38 pm | click here to view more

Resolved Question: Australian Stocks for an International Investor?

Can anyone tell me a International broker that allows people from different parts of the world to join? Its difficult. I have been looking for an international broker that allows Bolivian residents and deals with the ASX (Australian stock market) My software only deals with fundamentals analysis of Australian companies ,Now im trying to find a broker that allows a Bolivian resident and is registered to buy and sell on the Australian Stock Exchange? Can anyone help?

7 May 2010, 11:00 pm | click here to view more

Resolved Question: What are some very undervalued and overvalued stocks on the Australian Stock Exchange (ASX) at the moment?

Also, what are some useful indicators to determine whether a stock is undervalued or overvalued (e.g. P/E ratio)?

3 Aug 2009, 10:27 am | click here to view more

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Resolved Question: Is it better to invest in a stock traded in your own currency?

For example I wish to purchase one stock (BHP Billiton for example) and it's traded on several market (London Stock Exchange, NYSE, Xetra DAX, Australian Stock Exchange). Is it better to buy in my possess currency (which is euro by the way)?. Or should I invest in another market with a different currency? What are the advantage or disadvantage? Currently BHP Billiton is trading at 1961$ on NYSE and 27,77€ on Xetra Dax. I receive the fact that if I buy on NYSE I'm required to invest a larger sum. But then I'll receive only one stock vs several if I buy in euro....? Help I'm lost !

9 Nov 2011, 11:27 am | click here to view more

Resolved Question: Euro against the Australian dollar?

Hey, I'm going to Australia in July 2011. I have saved a few hundred euro for the trip and I'm going to change some into Australian dollar. Back a few months ago, it was up at: €1 = AU$ 1.79, but it went down to €1 = AU$ 1.40. At the moment it's rising again and it's at €1 = AU$ 1.49. I'm not sure to exchange the money now or wait and look if it goes up again. Does anyone work with stocks and shares or something? Or is it just pot luck if it goes up or down? I would like to exchange at the highest price to receive the most out of my savings.

20 May 2010, 7:05 am | click here to view more

Resolved Question: sintex medical company in australia?

IS IT QUOTED ON THE AUSTRALIAN STOCK EXCHANGE

11 Nov 2009, 2:39 am | click here to view more

Resolved Question: Are stocks that trade on different exchanges the same shares?

For example, if I were to buy BHP, it trades on numerous exchanges including the NYSE. I'm an american, so I have to buy it on the NYSE, but I'm also worried about the devaluation of the dollar. If the dollar becomes worthless, will I still have the same amount of stock that the Australians, etc have? Is it a single pool of shares that you can buy in different currencies and if my currency completely vanishes, I will still possess the stock the same amount as any other country? Thank you. Please only answer the question asked using the assumptions given over.

2 Jun 2009, 3:03 pm | click here to view more

Resolved Question: Can someone please explain to me what entity, asset, concessional and fiduciary mean in stock marketing terms?

I have been trying to learn definitions of the stock/share market and have got definitions directly from the ASX (Australian Securities Exchange) website but they sound so confusing. Please simplify them for me. Entity: An entity is any legal, administrative or fiduciary arrangement, organizational structure or other party (including a person) having the capacity to deploy scarce resources in order to achieve objectives. Asset: Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events affecting the entity. The essential characteristics of an asset are: •A probable future benefit exists involving a capacity to contribute directly or indirectly to future net cash inflows; •The entity can obtain the benefit and control the access of others to it; •The transaction or event giving rise to the entity’s claim to or control of the benefit has already occurred. Government bonds: Debt security issued by the government. Interest is usually payed twice yearly at a fixed rate for the life of the bond, usually 10 years And concessional and fiduciary i don't understand at every.

4 Oct 2009, 6:48 pm | click here to view more

Resolved Question: What are 5 good companies to invest in?

These companies need to be listed on the Australian stock exchange

22 Jul 2009, 6:56 pm | click here to view more

Resolved Question: What's your dog's life story?

both my dogs have interesting, unhappy, and amazing life stories. i am just curious what your dog's stories are :) Velvet the english cocker spaniel: http://i36.tinypic.com/2m2fbfb.jpg we bought her as a purebred show stock cocker spaniel. my mom wanted specifically this type of dog. and when we bought her, she appeared healthy and perfect. soon she began acting sick and unlike a puppy should...we took her to the vet and it ends up she has a deformed heart...it interferes with her breathing and blood exchange. the vet told us she would not live more than a month, and that nothing can be done whatsoever. we were devastated, i could not believe it. fate was on our side...and she is now 11 years old. she survived it, though she has multiple health problems. this proves that miracles really could happen :) Roxy the miniature australian shepherd: http://i34.tinypic.com/34g9cms.jpg we found my second needy baby in the shelter. we went to the shelter to help my pal find her lost cat, and i saw this beautiful girl. i just fell in adore at first sight. ends up she came from an abused family that beat her...but because of her nice nature she never attacked them or bit back. they just went on abusing her as a puppy until someone files a complaint. the owners did not receive sent to jail, just a fine (which i disagree with highely). the dog was confiscated and taken to the shelter. she is now 3 years old, living happily, and does dog agility :) so, whats your dog's story? i think this is an interesting question and others can receive to know your dog's story :)

21 Nov 2008, 4:19 pm | click here to view more

Resolved Question: beginer options pricing question (for australian stock exchange)?

on ASX options prices are shown as 0.000 upto three decimal spaces but the actual prices are never shown below 0.100 does it mean this is the lowest price for options or can it be lower than this while trading. please note I do not have trading acount set up yet but just starting on research. thanx in advance correction: over relates to unit prices of index options

11 Jun 2008, 2:03 am | click here to view more

Resolved Question: How can i trade on the ASX?

There is an Australian Company that I REALLY want to buy a piece of. As in I am willing to bet every dollar I can receive my hands on for the next six months or so on it. The problem is I can't figure out how to buy it at a decent rate. I am not a power trader, just a blue collar worker trying to sock a couple hundred a month away in the market. So this company trades on the ASX and also has a Pink Sheet ADR. I'd much rather trade straight on a real exchange than even start messing with Pink Sheets, but honestly the cost of executing the trades is the most important thing. Obviously if I'm only buying $200 worth of stock at a pop I can't afford $100 commissions for an international trade or even the $30 for an OTC trade. Is there any broker that charges more reasonable rates for this stuff? I don't want to give up over commissions and than have to sob in a year when I look this baby has gone 10 bagger. Help!

15 Mar 2010, 1:44 am | click here to view more

Resolved Question: What are 5 good companies to invest in Australian Stock Market?

ASX australian stock exchange anymore would be really good . thanks

3 May 2011, 9:33 pm | click here to view more

Resolved Question: Was Don Bradman a Fraud?

Its difficult to believe but is this true? Headlined "The Don we never knew," David Nason's article in the Australian claims that Bradman showed some of his most nimble footwork when he managed to turn the biggest financial scandal in South Australian history to his possess profit - and within 48 hours of the first alarm bells ringing. The story focuses on the 1945 collapse of Adelaide stockbroking firm HW Hodgetts and Co, which Bradman joined in 1935 after relocating from Sydney. It was a move aimed at securing his future after cricket, but the company went below with debts of more than £120,000. "People accused Bradman of stealing the goodwill of the company and basically they were right," said Tom Phillips, a former long-serving Adelaide stock exchange president. "The client list should have been put out to tender so that every brokers could bid for it and the return placed against the Hodgetts' estate for distribution to creditors. "I have always believed that part of the reason Bradman became so reclusive was that he never wanted to face difficult questioning about the Hodgetts' collapse. "No one can doubt he was a great cricketer, but every this man of honour stuff - where does that arrive from?" And this isn't every, he was greedy to an extent that he hesitated to even offer a round of drinks to his teammates. krishnam dont try to be the "hero of the section" with your "smart comments". every you wanted was 2 points. I should block you sorry you are irritating.

13 May 2009, 3:15 am | click here to view more

Resolved Question: Is General Motors off loading Holden and Pontiac?

I heard this as a rumour and I also seen it mentioned on Sunrise. I also heard Holden will be floated on the Australian Stock Exchange as an independant motor company. Anyone hear anymore about this?

25 Apr 2009, 8:23 pm | click here to view more

Resolved Question: i have a bad credit rating, can i invest small amount and trade in Australian stock exchange?

19 Sep 2008, 1:01 am | click here to view more

Resolved Question: How do you buy natural gas as an ETF on the Australian stock market?

I know the New York Stock Exchange's fund is UNG, but I want to know and Australian fund

9 Sep 2009, 11:45 am | click here to view more

Voting Question: Which american based online stock brokers cover the Australian and London exchange.?

I currently use E-Trade Global which is pretty good but I want to receive some specific stocks on these two exchanges but E-Trade doesn't offer the option. I'm not interested in opening an account on E-Trade's australian exchange due to the fees, would rather have one that does its primary business in America.

16 Jan 2009, 12:05 am | click here to view more

Voting Question: Which shares will significantly grow in value in the ASX?

On the australian stock exchange which companies are expected to significantly grow in value over the next few years?

30 Jan 2012, 9:48 pm | click here to view more

Resolved Question: The Australian Stock exchange?

hey, Correct me if this is a stupid question but is there a time the Australian stock market closes for the day? and if so, what time? thnks alot

9 Mar 2009, 1:19 am | click here to view more

Resolved Question: potential stock return interest rate. What is it for average share. PLEASE HELP!!?

hi there what would be the average interest stock return for a blue chip share? if someone knows it for the Australian Securities Exchange (ASX) then please advise if better point me in the direction where i can find it. very new to it so will need some advice. Also the percentage of a speculative share (high risk= possible high return). THANKYOU

28 Jul 2008, 7:59 pm | click here to view more

Resolved Question: what are some good short term shares to invest in?

it's for the ASX (australian stock exchange) game. it's a theoretical share market where you can purchase and sell shares with prices based on the real share market. we have about a month left to play and i need help buying shares. any ideas?

19 Sep 2010, 7:41 am | click here to view more

Resolved Question: stock exchange quates?

hi..i am jessica keough, i wanna ask you ..where can i find australian and american stocks quates / data? i wanna put it to my metastock..but i couldn`t find it..

28 Jul 2008, 8:30 am | click here to view more

Resolved Question: where can i see new businesses listed on the asx or about to be floated?

where can i look new businesses listed on the Australian stock exchange or about to be floated?

16 Jan 2009, 11:01 pm | click here to view more

Resolved Question: Australian stock market or American stock market?

im new to this and im gonna start to buy shares, i live in Australia, does that mean the only stock market available to me would be the ASX (Australian stock exchange) or can i also go for the U.S if i chose the U.S one, would i be better off on the ASX because this is where i live, and im more familiar with the economy here etc.. thanks for answers

4 Feb 2011, 6:58 pm | click here to view more

Resolved Question: Coal Mining Company Listed in UK Stock Exchange?

Which Australian Coal Mining company listed in UK at price below 1 UK Pound. I can't find it, pls help.

11 Apr 2011, 11:07 am | click here to view more

Resolved Question: practice in Australian Stock Exchange?

is it possible to have a simulation stock exchange?? so like you make an account and pretend to buy and sell shares? I am interested in learning about it every but just want to practice and to receive a feel of it every.

20 Jan 2010, 5:39 am | click here to view more

Resolved Question: What determines the share price of a company?

On my share trading platform i can look "buyers" and "sellers" prices, does htis contribute to the share price, also the "number" of buyers vs sellers is shown, how does this relate. Naturally i can look the volumes as well. So i'm just wondering really - at the end of the day what determines the share price of a company on the stock exchange. Note: Question is directly related to the Australian Stock Exchange, but i guess the principal would be the same world wide.

24 Nov 2011, 2:11 am | click here to view more

Resolved Question: Which listing to choose when a company's stock is cross-listed?

BHP Billiton has several tickers in my brokerage account. I can pick which exchange I wish ((London Stock Exchange, NYSE, Xetra DAX, Australian Stock Exchange) with the stock listed in different currencies (euros, US dollars and Australian dollar). Which one should I pick? The one listed on an exchange in my possess currency (euro) or the one listing the company in it's original currency (Australian dollar)? What would be my advantage to pick one over the other?

9 Nov 2011, 3:22 pm | click here to view more

Resolved Question: what shares would you say are best for short term purchase?

i have about two months, we're playing this ASX (australian stock exchange) share game and i have no idea what i'm doing :S my teacher said technology and medical would probably be the best choices but that depends on new breakthroughs and that's difficult to predict, any ideas?

24 Feb 2010, 4:58 am | click here to view more

Resolved Question: Why start a business here in America when Canada has lower corporate taxes and fewer regulations?

If I'm gonna start a business and put people to work I'd be better off in Canada/Australia/New Zealand or at least listing on a Canadian or Australian stock exchange. America's economy is too regulated to be considered a free market anymore. Thank you GWB and Barry.

11 Mar 2010, 3:38 pm | click here to view more

Resolved Question: Which is the best brokerage account?

I have scottrade, but I recently found an undervalued uranium stock, undervalued when compared with its peers, which are themselves undervalued due to the uranium price spike. However, I can't trade stocks on the Australian Exchange. Basically I want a broker that allows me to trade on every exchanges for stocks, options, forex, and futures. Commission costs are insignificant, so as long as it doesn't exceed $20 I'm fine with it. Thanks. Is Interactive Brokers a good option? Anyways, I will tell the name of this stock if I feel your answer is the best. Just provide your email.

15 Dec 2010, 7:18 pm | click here to view more

Resolved Question: P/E ratio and yield, why is there such a big gap?

Hi I am looking at BHP.AX which has a P/E ratio of 5.98, which I believe is very low, less that half the long term average of the Australian stock exchange. Then I look at the dividend yield which is 4.1%, quite low. If the dividend yield was just the reciprocal of P/E then it should be more like 15%? Is the yield so low because they are re-investing the relax to grow the company? If we are assuming the future earnings growth will be low to moderate, is this a good investment?

22 Nov 2008, 8:31 pm | click here to view more

Resolved Question: Has anyone got any knowledge about selling shares on the australian stock exchange?

Ok so I needed some cash so I decided reluctantly that I would have to sell some shares. I rang the brokerage place that handles my stuff, gave my a/c no, got told the current market price for the shares, but was told as the Aussie market was about to close he could put them out there and look if anyone bought them. (the guy had accent that I had a bit of trouble understanding) anyway then he asked what price I would like to list them as, as the market price was currently $27-75 I said $28. I don't know what he said next. Then he repeated every the details and hung up. NOW i don't know how to tell if the shares sold (besides checking my bank a/c balance in 3 days time) I don't know how long they put them out there at that price. Is it just till midnight tonight? so do they contact me tomorrow if they didn't sell? help I just needed some cash quick NOW i am worried that its not going to b quick just because I plucked a figure out of he air. any help would be appreciated from the hopeless investor.

3 Sep 2009, 8:29 am | click here to view more

Resolved Question: Takeover targets and exchange rates?

Hi. With every the crazyness of the last couple of weeks Australian stocks have plunged (like everywhere else) but the Aussie dollar has also plunged in relative value as it's a commodity based currency. In some instances the currency depreciation has been as much as 35%. Regulatory restrictions aside, would this not make Australian companies fantastic value in the global marketplace and potential takeover targets moreso than stock from other countries that haven't seen their currencies depreciate?

16 Oct 2008, 11:11 pm | click here to view more

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Resolved Question: How r u all feeling about markets today? ASX was up, might be good sign?

Australian Stock Exchange was up today, now the world waiting for Dow to open to look what happens there, how do you every feel about its prospects today?

13 Oct 2008, 7:38 am | click here to view more

Resolved Question: AUSTRALIAN DOLLAR VS THAI BAHT?

Whats going to happen to the Australian Dollar over the next 3 days?? I have a business in Australia importing goods from Thailand to Australia. I have to transfer some funds by the end of the week but the rate is the worst I have ever seen this time could cost me up to $800.00 for the same amount of stock can anybody forcast the future!!! this hurts and I dont want to add the extra costs on to the end user but the exchange rate has been on a steady decline.

13 Oct 2008, 4:02 am | click here to view more

Resolved Question: Recent stock market downfall?

So I'm in Australia and I would like to know what is happening, studying Economics and school and think this would arrive in handy knowing, as I'm just learning about shares and the stock market. So could somebody please explain it to me? America is in serious debt to other countries. The ASX (Australian Stock Exchange) as well as for other countries is experiencing a fall of 4% or something and so companies, like superannuation companies are causing people trouble? Other countries are also experiencing a fall in a percentage similar to that of ours? How does this debt that America owes causing global problems? Thank you, this would really help me out.

9 Aug 2011, 6:27 am | click here to view more

Resolved Question: Why can't I sell all shares except one? Minimum holding? ASX?

I tried to sell every my shares in a company in the australian stock exchange (ASX) except one (so i could keep one share in the company) and it said (with comm sec trading) that i couldnt complete transaction as i didnt have the minimum $500 minimum holding. Is there a way to keep just one share in the company? thank you!

14 Jan 2010, 9:41 pm | click here to view more

Resolved Question: NEED HELP URGENTLY my assignment is due 2moro and i dont understand =(?

DOES THIS LOOK RIGHT?? if not what am i meant to do??? 2. Find the price of shares in three companies by searching the Australian Stock exchange website: www.asx.com.au or using the share listings in the newspaper. Alesco: close price = 5.30 Shares: 566 Billabong: close price = 10.85 Shares: 276 JB HI Fi: close price = 10.75 Shares: 279 3. Using $10,000 purchase shares in each of the three companies and calculate the cost of buying the shares (apply 2% brokerage and 10% GST). Billabong: Consideration: 276 x 10.85 = 2994.6 Brokerage: 0.02 x 2994.6 = 59.892 GST: 0.10 x 59.892 = 5.9892 TOTAL = 3060.4812 The cost of buying these shares is 3060.4812 Alesco: Consideration: 566 x 5.30 = 2999.8 Brokerage: 0.02 x 2999.8 = 59.996 GST: 0.10 x 59.996 = 5.9996 TOTAL = 3065.7956 The cost of buying these shares is 3065.7956 JB Hi Fi: Consideration: 279 x 10.75 = 2999.25 Brokerage: 0.02 x 2999.25 = 59.985 GST: 0.10 x 59.985 = 5.9985 Total = 3065.2335 The cost of buying these shares is 3065.2335 4. Calculate the breakeven value for each parcel of shares. Alesco: Consideration: 566 x 5.30 = 2999.8 Brokerage: 0.02 x 2999.8 = 59.996 GST: 0.10 x 59.996 = 5.9996 TOTAL = 3065.7956 The cost of buying these shares is 3065.7956 Brokerage: $59.996 GST: $5.9996 = 65.9956 65.9956 / 3000 shares = 0.021998 New selling price is $0.021998 to cover costs. Consideration: 566 x 0.021998 = 12.450868 Brokerage: 0.02 x 12.450868 = 0.24901736 GST: 0.10 x 0.24901736 = 0.024901736 TOTAL: 12.724787096 Billabong: Consideration: 276 x 10.85 = 2994.6 Brokerage: 0.02 x 2994.6 = 59.892 GST: 0.10 x 59.892 = 5.9892 TOTAL = 3060.4812 The cost of buying these shares is $3060.4812 Brokerage: $59.892 GST: $5.9892 = 65.8812 65.8812 / 3000 shares = 0.0219604 Consideration: 276 x 0.0219604 = 6.0610704 Brokerage: 0.02 x 6.0610704 = 0.121221408 GST: 0.10 x 0.121221408 = 0.0121221408 TOTAL = 6.1944139488 JB Hi Fi: Consideration: 279 x 10.75 = 2999.25 Brokerage: 0.02 x 2999.25 = 59.985 GST: 0.10 x 59.985 = 5.9985 Total = 3065.2335 The cost of buying these shares is 3065.2335 Brokerage: 59.985 GST: 5.9985 = 65.9835 65.9835 / 3000 shares = 0.0219945 Consideration: 279 x 0.0219945 = 6.1364655 Brokerage: 0.02 x 6.1364655 = 0.12272931 GST: 0.10 x 0.12272931 = 12272931.1 TOTAL: 12272937.3591

30 Oct 2008, 6:50 am | click here to view more

Resolved Question: how can an american citizen easliy trade on hong kong exchange?

I am an amercan citizen living overseas, and wnat to trade some stocks on Hong Kong and Australian exchanges. Etrade and similar on-line services do not deal on foreign exchanges. Are there any on-line services that will allow me to trade in Hong Kong or Australia?

17 Jan 2011, 1:12 am | click here to view more

Resolved Question: can anyone give me 5 major publicly-traded companies on the ASX (Australian Stock Exchange)???

and their symbols please

28 Nov 2008, 8:48 pm | click here to view more

Resolved Question: How do I handle forex aspects of foreign stock sale?

All the stocks that I possess are Canadian and Australian stocks. I started investing in tardy 2008. I did not trust the dollar and so sold every my dollars for Canadian and Australian. $1000 US then got me $1029 Canadian. $1000 US at times got me over $1500 Australian dollars.. Let's use an example. I purchased 100 shares of Newcrest (NCM.AX) in 2009 for $30.00@ and recently sold them for 40.60@, so I have a long term capital gain of $1060 Australian. But I didn't change the Australian $'s back into US$, they sit waiting to be reinvested in Oz stock. But when I purchased the NCM.AX stock the Oz$ was 1US:1.20Oz$, when I sold it was $1:0.93, therefore I have a long term capital gain relating to currency change of $1.20-0.93 Oz, or $810 Australian $'s. Question: Do I do capital gains by treating it as though I had two capital gains for each stock sale, one for the increase in value of the stock, and another for the increase in value due to change in currency parity; or do I only take capital gains on the forex at the time I exchange Oz$ for US$? (repatriate them, I think is what it is called). I'm totally lost on how to deal with this on Schedule D,and even how to track these sales. I cannot even find a program to buy to track this due to the forex component, and my broker (IB) seems to receive a lot of gains/losses messed up. Any advice on how to track this for Schedule D, and is there a computer program that I can use. I've tried Investment Account Manager (IAMII) but their program does not deal with foreign currency gains or losses. Any help would be greatly appreciated.

6 May 2011, 9:45 pm | click here to view more