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. I'm interested in finding out how I can invest in U.S. companies

Hi Check69

I've been trying to run into you since the last RM seminar you and I both attended - I wanted to make contact with someone downunder with the same sort of interests and problems. Now I have run into this Board there seems to be any number of posters with the same intent and interests - very pleasing !!

I've opened an online account with Datek Online (you can download all the documentation from their site). So far I've bought and sold a number of times without difficulty. I can either get online confirmations or opt for snail mail either way they are efficient. Online trades, buy/sell, are conducted within 60 seconds, usually about 15 secs is all it takes for the confirmation. Trades are $10 US. I wire (telegraphic transfer) funds to my Datek account (it costs me $25NZ for each transfer - obviously larger amounts work out cheaper in the long run) I can see at a glance how much my account contains. They also issue a cheque book so that if you wish to repatriate funds to Aust simply write yourself a cheque which is in US dollars.
There are other US brokers, Brown, Schwab etc - take your pick. One advantage of trading in the US is that you are tax exempt over there - fill in the form Datek provide - from memory I think it is called W-Ben8.
Hope this helps.
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