Saturday, January 25, 2020

DriveWealth® Reports

In late 2017 I wanted to buy shares/stocks of U.S. technology companies and was Google® searching the internet. It was very tough and from that Thursday morning I was searching like never before in my whole life. When it was the early hours of Friday morning (night) Google® changed and shifted the search towards JStock™ and DriveWealth® LLC.

JStock® is an open source app developed in Malaysia and DriveWealth® LLC is a privately held company offering stock broker services, wealth management, and other financial services and the company is registered in the U.S.

That Friday morning, I deposited 10 US $ using my Visa® debit card to my investment account and emailed DriveWealth® a color photo of my Maldivian passport, further more DriveWealth® charged about 5 US $ to open my investment account as a handling fee to submit to the Internal Revenue Service the W8-BEN form. This form is a required beneficiary form for foreign investors.

I was depositing small amounts using my Visa® debit card to buy my very first ever share on my own. After a few days I bought my very first share and it was of Intel® Corporation which is listed and traded in Nasdaq® with the ticker symbol INTC®. Nasdaq® is the world's second largest stock exchange and is in Wall Street, New York city. In Nasdaq® the majority of the listed companies are technology companies. Intel® is my favorite technology company. I bought shares of a few other companies and sold the shares and till late 2018 I never held any shares. I emailed to DriveWealth® to electronically wire the funds to my BML bank account and it was my only and first ever electronic wire transfer to my bank account.

In late 2018 I again bought a share of Intel® and I intend to keep this share. On Ramallan 2019 I attended the Intel® stock and share holder meeting which was a virtual event. That was the very first time I attended such a meeting and I voted in favor of the recommendations made by Intel®.

I own 1 share of Dhiraagu which is my favorite and most admired company in Maldives. The services provided is excellent. I bought that share in early 2018. I receive dividends both by Intel® and Dhiraagu too.

Here are the useful links:
                               https://www.naheez.com/2017/12/jstock-and-drivewealth.html
                               https://www.naheez.com/2017/12/bought-and-invest-intel.html
                               https://www.naheez.com/2018/01/bought-and-invest-dhiraagu.html
                               https://www.naheez.com/2018/04/first-international-wire-transfer-to-my.html
                               https://www.naheez.com/2019/05/voted-in-intel-annual-shareholder.html
                               https://www.naheez.com/2019/06/intel-corporation-pays-me-second.html
                               https://www.naheez.com/2018/01/maldives-securities-depository_21.html

Here are the photos of the reports I downloaded of my investment account in DriveWealth®. I intend to make this the last time I am going to put this in my blog. Click on any of the photos and it will be shown full screen in the browser.



















































































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