what's up gorkhali investors?

chinese stocks are absolutely on fire today!! i knew 2007 was going be a special year for chinese stocks but didn't expect first day of 07 market to be so bullish towards it.

do your research....read about chinese companies...find an under valued stocks and join the party!! we've got a great year ahead of us.

happy hunting!

how about Nepalese stock Market? Do you have any recommendation for investor of Nepal Stock Market...What would you recommend buying/selling/holding share specially banking sector?

hi nanu,

i do not have any knowledge on nepalese stock market. with such unstable political situations the only investment i'd do if any at all would either be in real estate (mostly land) or hold gold. i know back in the mid to late 90s banking sector was looking really prosperous (even foreign institutions were investing in them) but then now we know about loan defaulters and what damage they've done to the country / economy.

or may be opening a high interest yielding savings account would probably be a safe bet for investing in nepal.

may be we have some other experts in this field....

Hukka_ Nepali - Besides China, I am also looking into increasing the mix of India and Euro zone in my portfolio. But yeah, I looked up some Chinese stocks and mutual funds and the numbers look promising.

Good luck!

Ok guys, I have few extra bucks that I would like to invest in the stock market. Please help me with your advice.

Can you suggest what would be the cheapest and easiest way to do so? Ameritrade? Etrade? Scotts trade?

Also, what do you look for initially about the company before you do further research to invest on it? P/E ratio? If so, what kind of measurement or threshold do you use? For example, if GE's P/E ratio is 17, is that a good buy?

Is there a particular website you go regularly to learn about how the stocks are doing? For example, finance.yahoo.com or moneycentral.msn.com.

Finally, if you could name top 10 stock picks for 2007, what would they be? And why?

Thanks in advance your invaluable advice. Let's meet up in Hawaii once we become millionaires :-)

Also what do you think about Jim Cramer, his new book watch tv, get rich, and his cnbc tv show Mad Money ?

Riten -

Mutual funds are usually a good way to get into the game in my opinion. Check Morningstar for ratings. Also, most investment advisors offer free advise - including the one at your bank if your bank offers investment services. Read all the standard stuff on risks versus returns , diverisfication, long term commitment etc etc - you got to make the call yourself on what suites you the best.

As for brokerage firms, I have used Fidelity, scottrade, etrade, schawab - and depending on your trading needs there are quite a few others there.

Good luck and wishing you loads of money :)

The Nepal Stock Exchange is composed of 100% financials. HOW'S THAT FOR HARDCORE INDEXING AN EXCHANGE?

haha...

but the market has been bullish for the past two days. I am still bearish and expect a correction. Store sales as most people knew were disappointing but that has been discounted a bit already before the holidays.

It is also interesting that oil prices have fallen.

I'd wait for a while here before jumping in.

Hi Captain bro,

india is definitely there along with china in terms of growth opportunities but they only have limited stocks listing in the US market compare to china. on euro, i read that new EU tax laws makes it a nightmare for companies (esp foreign investors) to do business in europe.

but all in all, foreign investments are still looking a lot more promising than US investments going into 2007. so depending on your risk tolerance and financial health, i think you outta be anywhere from 25% - 50% of your portfolio in foreign market.

Hello there all,

how do you check on stoks from India and China... ?

thanks!

Hi Riten,

sounds like you've already done some of the homework on your own, so you're already one step ahead of the game. as far as what to look for when picking a stock to invest...actually before that i should say there isn't anything you can look at to give you a 100% correct answer. mostly there are two types of investors; 1. that just look at the numbers / fundamentals (balance sheet) 2. that are only speculative (most casual investors fall under this category...they see a company and they fall in love with the business they are in and end up buying their stocks. i.e. a person found a company that had plans for space mining and exploration so the person invested in it thinking 5 - 10 years from now the company's vision will become reality and will make him an instant millionaire. well that was about 5 years ago and needless to say nothing has changed both for the company and this individual investor (btw this is a true story).

in my personal opinion you can't only be looking at the numbers as they can be deceiving at times (remember ENRON??) nor can you be totally speculative because sometimes visions don't get materialized. so, the best way to go about would be to get the best of both world, becuase you definitely need to speculate if you are looking for growth but at the same time you need to pay some attentions to the numers as well to make sure they have the finance to support their plan.

**do your own research on these companies but here are some of the stocks i will be keeping a close eye as we head into 07**

ACH
ADCT
BIOM
CHL
CHU
HANS
LNX
NFI
SCSS
SIX
WFC
MPEL

good luck to you!

p.s. oh yeah any of the online brokers works just fine and are pretty much the same. one jim cramer aka booyaa LOL gotta love him if he jumps on the stocks you own and are ready to sell becuase he will hike up the short term stock price but if you are in for a long term investment he will only make his recommended stock volatile.

Bricolage - The ones I deal with (all mutual funds) are those listed in the US.

In the case of India, only foreign institutions and not individuals can buy into the stock market. There are some workarounds if you are an NRI. It's on one of the other threads.

Hukka Nepali- Thanks bud for those symbols. Will check em out. I'll post some mutual funds of interest when I get a chance.

Hi Bricolage,

you should be able to get those info by simply googling for: indian / chinese stocks listed in NYSE / Nasdaq

below are my top ten that you guys could do further exploration:

1. TTM
2. MSFT
3. ACH
4. TBV
5. GNVC
6. PHYA
7. BSM
8. BBI
9. WFII
10. SUNW

Hey Captain,

that would be great man....i need a few good mutual funds. i am hoping to cash outta most of my stock soon (was hoping this week but looks like i'm gonna have to wait till 4th quater earning releases). took a lot of risks resulting in some sleepless night the last couple years LOL so, i'm planning to play it safe this year.

thanks

thanks for the list haami.

been closely watching BBI for over a year now...wish i had bought it when it was in the 3s. i think slowy but surely it's taking some market share from netflix but the question still remains; will video still exists 5 years from now with online download speed on a rise (we haven't even experienced the speed fiber optics will give us) and so many freeware to download movies.

but hey that's what they said when online shopping started gaining momentum in the last 90s early 00s.

hey what do you know about BSM? looks legit just looking at the numbers and business they are in.

oops i meant to say will video rental still exist

I am not sure about 5 yrs, but video rental should still dominate for the next couple of years. I agree that download speed are on the rise, and it's still few years down the line before public will be used to watching movies via downloads. As far as BBI stock is concerned, although some good pickup today, I think it should still go up. Blockbuster is moving very aggressively, and so should its stock.

BSM is a medical corporation that engages mostly in cancer treatments with RF (Radio Frequency) and microwave energy. I think the company is still for FDA approval, and once approved, this stock will be looking towards the sky.

Cheers!
haami

Riten,
Jimbo is a good entertainer. I liked his commercial about cheerleaders talking about his book.......

wow u_day bro making a rare entrance to the investment forum after a long time?!?!

what's going on man? you still holding onto TIE? i am but planning to sell when they announce 4th quater earnings, sometime around later early feb. should be a good one.

anything new in your stocks world?