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-   -   How can I buy stocks for long term investing using credit card (https://www.askmehelpdesk.com/showthread.php?t=33506)

  • Sep 5, 2006, 11:25 PM
    Salehd
    How can I buy stocks for long term investing using credit card
    Hi;
    How can I buy stocks for long term investing using credit card?
    Note: I am not a US citizen.
  • Sep 6, 2006, 12:12 PM
    CaptainForest
    Ok, so let me get this straight.

    You wish to buy stocks and finance that with a credit card which you then must pay an interest rate of about 20% on.

    So, unless your stocks are going to be generating a ROI of greater than 20%, you will be losing money.

    Let's assume you misspoke. Contact a local stock broke to set you up.
  • Sep 6, 2006, 12:20 PM
    ScottGem
    There are several online brokerages that will bill you through a credit card.
  • Sep 6, 2006, 10:19 PM
    Salehd
    Hi;
    1. Dear CaptainForest;
    I only need to pay for the stock using credit cards, this is one time payment only.
    2. Dear ScottGem
    In my search for online broker, I couldn't find any broker who accept credit cards and allow non US citizens to open an account, so could you please provide my with names and web address? Thanks
  • Sep 7, 2006, 05:46 AM
    ScottGem
    Who have you tried? The non-US citizen could be a block.
  • Sep 9, 2006, 01:41 AM
    Salehd
    Hi;
    I tried http://www.sharebuilder.com/
    https://uk.etrade.com
    www.smartstocks.com
    And many other sites which I don't remember their names or address
    Best regards
  • Sep 9, 2006, 07:11 AM
    Fr_Chuck
    www.tdameritrade.com

    www.schwab.com

    May be a couple choices. You may wish to speak directly to a stock broker on the phone as to what you want to do.

    Next most US stocks can be bought though local brokers in other nations, one does not have to use a broker from this nation. In my investments I have a few foreign investments but bought them though the brokerage here in the US
  • Dec 2, 2006, 04:10 PM
    FiatCredit
    Perhaps you can use your credit card to fund your Paypal account and then use your Paypal account to fund a trading account?

    Are you trying to set a new record for the lowest % return ever or are you trying to setup a scam?
  • Jan 13, 2007, 12:46 AM
    Bairdh
    Quote:

    Originally Posted by Salehd
    Hi;
    How can I buy stocks for long term investing using credit card?
    Note: I am not a US citizen.

    Look into talking to Nate @ Smart Futures Broker - Commodity brokers for futures and option trading, Online futures trading. tell him David Hammond told you to call
  • Jun 24, 2010, 01:43 AM
    pordoy2
    Comment on FiatCredit's post
    Are you a scammer also, FiatCredit? It seems your very sarcastic remark/reply tells about your personality.
  • Jun 24, 2010, 01:45 AM
    pordoy2
    Comment on ScottGem's post
    Totally agree with you, ScottGem.
  • Mar 10, 2011, 08:43 AM
    stocksAnswer
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