How do you guys invest?

[snpark]

I hear that some kind of substance in wine that can reduce noise sensitivity. Needs approximately a bottle though to hear (or not hear) the effect though. Some people (like me) needs less, some people need more.

It's called cork. One in each ear

 

[pantaiema]

Bought SpaceX too...got greedy and didn't sell when it hit 220...said to myself, ok, will unload if it hits 230. Of course didn't happen. Did sell at 170 before it finally sunk back to 150.

I made a quick 30% on SpaceX then sold, as it is clearly a meme stock at this point with financial projections that make no sense at all.

Did you invest in Micron Technology (MU). It has rallied over 1,178% on the last five years; But based on the wall street analysts, the valuation is still reasonable due to the anticipated growth and major spending in AI, Physical AI, Data centres infrastructure particularly by the hyper scalers.

 

[Banana72]

I didn't...but I looked at Sandisk...now that's a return.

 

[pantaiema]

I didn't...but I looked at Sandisk...now that's a return.

Interested in a “pick-and-shovel” approach to the AI boom? The future development of AI won’t be driven by apps and/or hardware infrastructure alone, but by five distinct layers of the stack. The current bottle neck is HBM (Micron Technology) and high-capacity enterprise Solid-State Drives (Sandisk) to store and stage massive unstructured training datasets before they are fed into GPU (NVDA). But this will not be long until the other players are catching up.

In my view, there are still opportunities in the energy sector as well, particularly in bulk power. Nuclear energy, in particular, may play a key role as parts of the sector remain behind and could be due for a catch up. Quantum computing might still be 'pie in the sky' at least might not be in our life time.

 

[El_Goretto]

I'm just going to short any stock/crypto mentioned on this forum as it's a strong signal that the bubble has reached its peak.

 

[pantaiema]

I made a quick 30% on SpaceX then sold, as it is clearly a meme stock at this point with financial projections that make no sense at all.

Bought SpaceX too...got greedy and didn't sell when it hit 220...said to myself, ok, will unload if it hits 230. Of course didn't happen. Did sell at 170 before it finally sunk back to 150.

I am assuming you are trading it from Indonesia (?) I wonder which platform/Broker did you use to buy SpaceX (SPCX) stock.
Foreign trading/investment platforms are blocked by the Indonesian authority. Did you use a VPN to access the trading platforms ?? What is the likelihood that they block all access to VPN and what is your plan B if this thing do happen.

 

[jstar]

Trade during travel and son abroad has access to the trading system. I guess they won’t block WA.

 

[Balifrog]

I am assuming you are trading it from Indonesia (?) I wonder which platform/Broker did you use to buy SpaceX (SPCX) stock.
Foreign trading/investment platforms are blocked by the Indonesian authority. Did you use a VPN to access the trading platforms ?? What is the likelihood that they block all access to VPN and what is your plan B if this thing do happen.

Have an off shore account..

 

[Helpful Herbert]

You don't need a VPN to access a foreign bank account/trading platform from Indonesia. You think a tourist in Bali can't access his bank account or buy some shares while on holiday?

 

[pantaiema]

You don't need a VPN to access a foreign bank account/trading platform from Indonesia. You think a tourist in Bali can't access his bank account or buy some shares while on holiday?

That is good news.
OJK/BAPPEBTI regularly blocks foreign trading platforms that are considered “illegal” in Indonesia. In this context, “illegal” simply means the platform is not licensed by OJK or BAPPEBTI to operate in the country. If a platform has not been blocked, it does not necessarily mean it is approved or permanently accessible, it could still be restricted, blocked in the future.

As far as I know, well-known retail trading platforms such as eToro, Robinhood, Trading 212, Interactive Brokers, Charles Schwab, Fidelity, etc are not licensed to operate in Indonesia, although I have not verified the latest regulatory status. This is just an example of Robin hood case:

https://investingintheweb.com/investment-apps/robinhood-indonesia/

Returning to the original question, Do you mind sharing which platform or broker you used to purchase SpaceX (SPCX) stock, assuming the trade was made from Indonesia?

 

[Balifrog]

Returning to the original question, Do you mind sharing which platform or broker you used to purchase SpaceX (SPCX) stock, assuming the trade was made from Indonesia?

HSBC Offshore....

 

[Jaime C]

I got a small amount of IPO SPCX shares in our US based accounts. Nothing to get excited about. I’ll hold on for the future gains/losses.

I’ve purchased RKLB for under $4 a share, AMD, INTC, PLTR all when they were pretty cheap. I’ve sold small lots as they skyrocketed. I had big positions in SOXX, FTEC and other big ETF’s going back 4-5 years.

 

[Helpful Herbert]

, Do you mind sharing which platform or broker you used to purchase SpaceX (SPCX) stock, assuming the trade was made from Indonesia?

Revolut.
Can't remember if I was actually located in Indonesia or not when I received the share allocation.

 

[jstar]

But Revolut doesn’t allow Indonesian residency.

 

[make_batik_great_again]

That is good news.
OJK/BAPPEBTI regularly blocks foreign trading platforms that are considered “illegal” in Indonesia. In this context, “illegal” simply means the platform is not licensed by OJK or BAPPEBTI to operate in the country. If a platform has not been blocked, it does not necessarily mean it is approved or permanently accessible, it could still be restricted, blocked in the future.

As far as I know, well-known retail trading platforms such as eToro, Robinhood, Trading 212, Interactive Brokers, Charles Schwab, Fidelity, etc are not licensed to operate in Indonesia, although I have not verified the latest regulatory status. This is just an example of Robin hood case:

https://investingintheweb.com/investment-apps/robinhood-indonesia/

Returning to the original question, Do you mind sharing which platform or broker you used to purchase SpaceX (SPCX) stock, assuming the trade was made from Indonesia?

As far as I know, in this forum some members use Interactive Brokers already for quite a long time. I also asked Gemini (I know the information that AI gives is not always correct) and referring to that response it is allowed in Indonesia ( no guarantee that this information is correct, I did not check together with a lawyer ).

 

[make_batik_great_again]

One question regarding buying Indonesian stocks: I tried to get a BCA Sekuritas account for buying stocks. The employees of BCA showed me that the process to open that account is very simple for WNI customers that already have a bank account and the app.

But for WNA the process (at least in my case) was and is very complicated. I had to fill out maaany formular, put my signature on even more pages (never had to sign so many pages in my life) and in the end, and after 3 weeks they needed to check my documents, they complained that not every of my dozens of signatures on those formulars looked exactly as on my passport.

Now they sent me again more than 10 pages of formular and want to do a recorded video call with me. Therefore I decided the process is not worth being able to buy some stocks there.

Do you know a better, more simple alternative? I heard Mandiri does not make it that difficult for WNA. Is it true? Any suggestions or experience?

 

[pantaiema]

As far as I know, in this forum some members use Interactive Brokers already for quite a long time. I also asked Gemini (I know the information that AI gives is not always correct) and referring to that response it is allowed in Indonesia ( no guarantee that this information is correct, I did not check together with a lawyer ).

One question regarding buying Indonesian stocks: I tried to get a BCA Sekuritas account for buying stocks. The employees of BCA showed me that the process to open that account is very simple for WNI customers that already have a bank account and the app.

From interactive Broker (IBKR) website they do allow Indonesian resident to open an account.

Available Countries and Territories | Interactive Brokers LLC

Clients can open Interactive Brokers accounts in the following countries.

www.interactivebrokers.com

However, people should be aware that Interactive Brokers (IBKR) does not hold a licence from OJK for securities brokerage or from BAPPEBTI for commodity and forex trading. They are not officially regulated to operate in Indonesia. Also IBKR is not the best platfrom for trading if you are looking for fee free trading. Robinhood, T212, etoro, freetrade, etc are among the best plaform used by retail trader / investor due to zero trading and platform fee. If people are trading frequently, the trading fee itself already eats your profit

The fact that the platform is currently accessible does not guarantee that it will remain so in the future. OJK or BAPPEBTI could decide to restrict or block access in the future, typically they ask Kominfo (Indonesia's Ministry of Communication and Information Technology) to restict acces from Indonesia, like what they did in the past. So IMO good to have a plan B if it did happen.

Also, opening a bank account for foreigners is not the same as opening an investment account. Major Indonesian banks such as Mandiri and BCA primarily only offer access to Indonesian stocks, local mutual funds, ETFs and Indonesian government bonds trading on the Indonesia Stock Exchange (IDX)

If your goal is to invest in Indonesian stocks listed on the Indonesia Stock Exchange (IDX), it is worth reviewing the previous discussions in this thread. You are also welcome to share your views so that others can benefit from them.