Thursday, May 16, 2013

Do You Buy ADRs?


Investors who wish to buy foreign securities as a means of diversification may do so in several ways.
                       
One is to buy ADRs or American Depositary Receipts. These are dollar, Euro or other currency denominated participation in global issues.
I find them more expensive for those who want basic, non-technical investing. 

But why not use foreign mutual funds or exchange traded funds (ETFs)? The latter can be traded and are cheaper to transact.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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