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To: maceng2 who wrote (273485)	1/12/2004 5:17:17 PM
From: maceng2	Respond to of 436258

How to make a killing on foreign (USA) stockmarkets [WOW. Now if they mentioned that gold will self correct against the falling USD over the longer run, I might have believed just a little bit -g- Looks like the bulls own the planet.] economictimes.indiatimes.com ARNAV PANDYA / ETIG TIMES NEWS NETWORK[ MONDAY, JANUARY 12, 2004 12:57:47 AM ] Life after 6K? Simple – it’s bound to rock with $25K. All the world’s a stage and you can now be players on the New York Stock Exchange . Move over Infosys , say hello to the Big Billy and buy into Microsoft. Forget your favourite stocks Wipro, Reliance, Tata Motors and SBI, it’s time to pick up the bluest of the blue. You can now take a big bite of McDonalds; from the outside get right into Intel Inside; don’t listen to your parents and say yes to Coke; fine-toon your portfolio with Walt Disney; or simply invest into stocks whose managers know all about the wheels within the big deals – Citigroup and JP Morgan Chase. (Would you rather spend on your objects of desire if you take $25,000 with you abroad rather than invest in stocks?) Indian stock markets may be on fire, but the announcement that Indians can now spend $25,000 overseas can boggle the mind with the possibility of investing on the NYSE. The exact guidelines will take some more time to come, but if you take leave of such stock market imperatives like valuations and fundamental factors for a moment, allow us to take you through what you can do with 25K. Do or Dow – the writing’s on the Wall. The Dow Jones gives you a choice of some of the best companies in the world – and with your kinda budget, it’s not going to be too taxing too. Microsoft today comes at $27.7 a share – you can almost buy a hundred shares – while Wal Mart, which has sent several scrips in India soaring, is available at $52.4 a share. Similarly, you can have your pick of some of the best mega-brands in the world – McDonalds, IBM, Intel, Hewlett Packard, Coca-Cola, JP Morgan Chase, Walt Disney, Citigroup and Home Depot. Let’s take a look at how far your money can take you. If you ignore for a moment the brokerage and other expenses in the process of a trade, the cheapest share in the Dow in absolute terms is AT&T at $21 a share, while the most expensive is Procter & Gamble at $ 99.6. If you buy 10 shares of each of the Dow components, then your total cost will come to just above $14,000, which puts your purchases well within the overall limit. However, if you try to buy 25 of each stock, then the total cost will cross $35,000, which is higher than the limit available to you. ‘ You can spread your risks and go in for a diverse portfolio – that is, 10 shares of each of the Dow components, plus invest the additional sum in companies which are your personal favourites. A banking portfolio of 100 shares each of JP Morgan Chase, Citigroup and American Express – what more could you ask for? – will cost $ 13,654, while an information technology portfolio of 100 shares each of IBM, HP, Microsoft and Intel will cost $ 17,700. New car, caviar, five-star day dreams, did you say? Happy panting!