Essentially, a non-american can't just go and buy or sell stocks in US market. But there's no law against non-citizen trading U.S securities. To do so, you need first open an account either with brokers or on a trading online site or in person from the offices or one of bank group branches. They can put conditions on your access to the market and will require some basic information -- as well as money -- to open an account
So Mr Hallam showed us how a non-american can invest their money with a Singapore based brokerage called DBS Vickers. As he already opened an account, he can easily log in anytime with a DBS security device, which the password change every time you press the red button. Everything become really easy to do. You just need to follow the steps. One thing that is really important, that you need to know what stock you are going to invest in and how the quantity you are going to buy or sell. Example: Vanguard Total Stock Market ETF , the ticker (aka symbol) is VTI or Vanguard 500 Index Inv, it's ticker would be VFINX. You also need to know where you are going to trade your stock at, such as American Stock Exchange (AMEX), Toronto Stock Exchange (TSX or TSE).
After you enter everything, things will be automatically go to where they should be. BOom! Your money will be ripped off and you will receive the amount of shares you wanted. Sometime, after you submitted your order, it may appear something like PEND, which is pending, the stock market have not open. But don't worry it will automatically do the magic when the stock exchange open.
Reflect: I was asking my mom about the shares that I recently knew about. I asked her that did she buy it through the brokerage. She did not buy it through the brokerage. There's some offer within the company that they offer her an offer that she can buy shares directly from the company. They will give her half of the money which she invest when she buy the shares. She can buy the shares but she can only sell it back to the company and they will have no reason to deny it. And just like buying stock in the market, she can sell them with the market price. I think it's kind of cool how we non-american can buy shares directly from the U.S company and paying no transaction cost or any fees, which save us lots.
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