ASX market is the only undervalued market now?

Q&ACategory: QuestionsASX market is the only undervalued market now?
Chun Yan Koay asked 4 years ago

Looking at few webinars that hosted since Q2 this year, I observed all counters recommended are from Australia. Mostly are concentrated on business related to commodities. So, from my point of view, is there now only left with ASX listed companies for us to invest? The reason behind I ask this question is with my current TD account, i am not able to take advantage of those recommended counters unless I have to open IB which requires min USD10k as initial capital

8 Answers
pcwong Staff answered 4 years ago

When I first started off in investing in foreign shares I normally keep it within RM3k – RM5k. Only when I have accumulated sufficient profit will I increase my trading blocks. Occasionally I may move it up to RM7K per trade if the stock has really good potential.
My focus in my early years was HK, Sing and US stocks as they are cheaper vs Aus and UK stocks.
You are right in managing risks in investment. Always invest within your means.
I saw that there are a number of Aus stocks which are also listed on the OTC market. So that may be a cheaper alternative. To find out you can go to google finance and type in the full name of the company. 
Hope this helps.
 
 

Simon Chieng replied 4 years ago

Thanks PC! Do you provide service to manage funds for your clients? What is your personal email to reach out to you? Thank you and Best regards

pcwong Staff answered 4 years ago

Unfortunately funds management is not possible. However, if you need to contact me by email, you can write to investforeignshares@yahoo.com
Thank you for your enthusiasm throughout.

Simon Chieng replied 4 years ago

Hi PC, the above email does not seem to be working as I receive notification of mail delivery failure. Would u pls provide another valid email? Thanks & regards

pcwong Staff answered 4 years ago

Oops. My bad. It is investinforeignshares@yahoo.com