Posted by forex at 2:45 AM
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1. Decide whether you want to focus on a particular country in Asia, or if you prefer to invest more broadly.
2. Write down a list of Asian companies with whom you are already familiar. Chances are you can name a number of Asian companies whose electronic or automotive products you already use.
3. Log on to your brokerage account and use the firm's stock screening tools to research the companies you have already identified. Look at things like the earnings per share, the percentage of earnings growth, the dividend payment and the price history of the stock.
4. Use the stock-screening tools to find other Asian stocks. The stock-screening tools provided by major full-service and online brokers generally allow investors to sort stocks by country of origin and by region.
5. Choose the stocks you want to purchase, then go to the 'Trading' section of the brokerage website. Make sure you have enough cash on hand to pay for the cost of the stock you buy. Enter the ticker symbol of the stock, along with the number of shares you want to buy. Click 'Confirm' to review your trade, then 'Submit' to send the order.
6. Contact any mutual fund companies with whom you have accounts and ask if they have any Asian or Pacific Rim funds. Most major mutual fund families have at least one Asian fund, and many have country-specific funds available as well. Ask for a prospectus and review it carefully before making an investment.