AAII - West Suburban Sub-Group in Naperville, IL . . . Newsletter & Information Blog

Thursday, May 24, 2007

Investing Abroad

Discount brokers are making it easier for investors to buy stocks on foreign exchanges. E*Trade Financial is the first major brokerage to allow investors to trade foreign stocks online in local currency directly on their home exchanges, starting with Canada, France, Germany, Hong Kong, Japan, and the U.K.

Investors pay an average of $20 for the stock trade, plus the fee for converting dollars into local currency. Charles Schwab, Fidelity Investments, and TD Ameritrade all have various restrictions and surcharges above their typical online trading fees.

These efforts give you access to smaller foreign companies, as well as large ones such as Samsung and Vivendi, that do not list American Depository Receipts (ADRs) on U.S. stock exchanges.

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1 Comments:

  • It's so nice for me to have found this blog of yours, it's so interesting. I sure hope and wish that you take courage enough to pay me a visit in my PALAVROSSAVRVS REX!, and plus get some surprise. My blog is also so cool! Off course be free to comment as you wish.

    By Blogger joshua, at 5:53 AM  

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