Q: I was overthinking diversification all night long and got to wondering about purchasing foreign stocks. There are 4 solid Australian stocks that are their "aristocrats".
It seems strange that US/CDN markets are interchangeable yet I can't find how to even buy something listed on the .ASX ( not so simple for Wealthsimple)
Given diversification is so important, do you purchase foreign stocks directly? How so?
I understand that tax treaties and commissions may make the issue pointless. But money is money. Even if it's EUROS or Aussie dollars. Curious about your experiences.
Thanks for all you do
It seems strange that US/CDN markets are interchangeable yet I can't find how to even buy something listed on the .ASX ( not so simple for Wealthsimple)
Given diversification is so important, do you purchase foreign stocks directly? How so?
I understand that tax treaties and commissions may make the issue pointless. But money is money. Even if it's EUROS or Aussie dollars. Curious about your experiences.
Thanks for all you do
5i Research Answer:
Some brokers have access to international stocks, but many just do not offer access. If they do,...