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How good does this work for non US stocks? I don't think you should invest all your money in stocks of just one nation.
by stewbrew 6y ago
How good does this work for non US stocks? I don't think you should invest all your money in stocks of just one nation.
- greatpatton 6y agoYou can trade shares of companies from all around the world on US stock exchange.
- grenoire 6y agoYou can trade global depository receipts* of companies from all around the world.
- findthewords 6y agoThat's what money is.
- stewbrew 6y agoI wish you luck trying to sell your shares from some unknown European company in the US that nobody in the US wants to buy.
- throwaway2037 6y agoWhat percentage of profits in the S&P 500 index do you think comes from outside the United States? The nice thing about S&P 500, EuroSTOXX 50, and Nikkei 225 indices: A huge portion of their profits come from outside their home regions: US, EU(rope), Japan. Think: FAANG, Microsoft, Intel, AMD, NVidia, HP, Ford, Boeing, Phillip Morris, Tesla, Siemens, EADS, Phillips, NXP Semi, Alstom, ABB, SAP, Santander, Volvo, Volkswagon, Hitachi, Panasonic, Toyota, Kyocera, Nintendo, Sony, etc. Upon closer inspection, they act like international indices. Don't bother with indices focused upon developing economies -- they are already covered by the Big Three indices! My take: Of these Big Three indices, the S&P 500 will outperform others over the long term. That is not blind pro-US bias. The US economy (and, correspondingly, the S&P 500 index) is much more dynamic than EU and Japan. It can recover faster after downturns -- recessions & depressions. <snark> As a retail investor, put your money into a very low commission ETF that tracks the S&P 500 index. See: Fidelity, State Street, or Vanguard. Enable dividend reinvestment programme ("DRIP") to buy more shares with dividends. Go to sleep for 30 years. Wake up rich. Simples. </snark>