Dear friends, please suggest some good US stocks to invest

[Deleted member 5552]

I use INDMoney app for investment in US stocks.

* I bought apple share with small amount, is it good decision?

* Is there any other share which can perform well and give me good return? Please suggest

* GST is applicable when money transferred/deposited to US account. Is there any low cost app available to trade in US stocks?

* I saw that withdrawal fee is $ 5, otherwise we need to buy Rs 299 package for free withdrawal. Is there any other app which charges less amount?


Kindly share your opinions and ideas

# As I have 3 cashback cards from Axis Bank, I wish to save cashback I earned every month for future 👏

 

[pulkitpopli2004]

Vested i like.
AAPL, alphabet, Microsoft, tsla, qcom

 

[Deleted member 5552]

Vested i like.
AAPL, alphabet, Microsoft, tsla, qcom

I invested only small amount in Tesla and Apple. I hope it will give good return in future.

 

[doomlord]

My US stock portfolio (INDmoney):
1. TSMC
2. Amazon
3. Apple
4. Tesla
5. Alphabet
6. Goldman Sachs

thinking to add Nvidia and Atlassian

Apple stock is a good option according to me as it's down by approx 20-25%. There are many other stocks too like Netflix, Salesforce,etc and the ones mentioned in my portfolio, do your own research and invest accordingly.

 

[BlueFlash]

Maybe just stick with VOO/SPY/QQQ ?

 

[pulkitpopli2004]

Maybe just stick with VOO/SPY/QQQ ?

This is also a good advice

 

[Deleted member 5552]

Thanks for all your valuable suggestions 👍👏

 

[theglobalinvestor]

Better to stick to ETFs for most people.

 

[suhailmz]

I suggest to invest at least 50% in Vanguard ETF as it would give you exposure to all the mega & large cap companies in S&P 500.

 

[suhailmz]

Buddy, if I tell u about some stocks, would you go and buy them? It’s your money, why are you looking for stock recommendations from random people?

 

[Deleted member 5552]

Buddy, if I tell u about some stocks, would you go and buy them? It’s your money, why are you looking for stock recommendations from random people?

🤣🤣

 

[gurbina]

The whole post raises a red flag.

It's good that you want to get into it and dip your toes, but if some story or video on social media got you into this I'd highly advice you to stop before you put any fair amount of money into it.

Do some reading, browse around the net, read several guides and also research about what investing in US instruments entails for you, specially if you wanna commit to it.
I'd start actually saving some money and lowering your tax liabilities before investing elsewhere.

And no offence, this forum would be the last place where I'd go to ask for US stocks or any sort of US investments. I have no doubt there's some experts in the forum but a big majority isn't.

I hope someone can still share some information about guides, platforms and general advice.

I'm actually surprised that as a financial forum I haven't seen many (or any) investing guides or threads around.
This would be a great addition to the forum.

 

[akshayhs]

Just letting you know that you can no longer deposit funds to US bank accounts through INDMoney since RBI has asked SBM to process such transactions.

 

[Deleted member 5552]

Just letting you know that you can no longer deposit funds to US bank accounts through INDMoney since RBI has asked SBM to process such transactions.

Yes, now I received mail

 

[pulkitpopli2004]

Just letting you know that you can no longer deposit funds to US bank accounts through INDMoney since RBI has asked SBM to process such transactions.

Yes same is applicable on vested. No further remittance

 

[Deleted member 5552]

I was earning a good profit by trading daily on Apple and Tesla stocks. I planned to invest small amount every month and now all dreams came to end.

 

[Rammohan]

I have one question now regarding indmoney USA stocks. post this rbi TDS 20% deduction in foreign transactions. is it wiser to stay invested in indmoney or liquidate the stocks & withdrew the real money? Because from July 1st onwards govt is imposing 20%tds on foreign remittances. is it wiser to stay invested or exit permanently? someone kindly confirms the same with sources

 

[CARDBITRAGE]

I use INDMoney app for investment in US stocks.

* I bought apple share with small amount, is it good decision?

* Is there any other share which can perform well and give me good return? Please suggest

* GST is applicable when money transferred/deposited to US account. Is there any low cost app available to trade in US stocks?

* I saw that withdrawal fee is $ 5, otherwise we need to buy Rs 299 package for free withdrawal. Is there any other app which charges less amount?


Kindly share your opinions and ideas

# As I have 3 cashback cards from Axis Bank, I wish to save cashback I earned every month for future 👏

If you asking for investment advice from strangers, better not to delve into making stock investments on your own. Investment style and strategies will vary greatly from person to person and what works for others might not work for you. Do more research and find your own way before you burn your hands by incorrectly deploying your money. First, try to build your investment prowess in Indian stocks, and then you can put your money in foreign markets. That's my two cents, but ultimately your choice to make. 🙂

 

[sxchzy]

Instead of using apps like indmoney, vested
Invest through a broker that allows transaction on gift city.
It will help you in saving on transaction costs

 

[CARDBITRAGE]

Instead of using apps like indmoney, vested
Invest through a broker that allows transaction on gift city.
It will help you in saving on transaction costs

This is a good option, but only these stocks can be traded for now. ->NSE IX