facebookI am not able to buy luxurious good stocks like LVMH and Hermes on US stock exchange. Is it is advisable to buy from European market as I don't hear investors here buying outside the US and HK? - Seedly
Seedly logo
Seedly logo
Β 

Advertisement

I am not able to buy luxurious good stocks like LVMH and Hermes on US stock exchange. Is it is advisable to buy from European market as I don't hear investors here buying outside the US and HK?

SeedlyTV S2E05

2

      Discussion (2)

      What are your thoughts?

      LVHM, L'Oreal and some other luxury stocks really had astounding performances.

      Did You consider American Depository Receipts (ADRs)?, that way a lot of big companies of

      Europe (and elsewhere) are tradable on the OTC markets in the U.S.

      f.ex. LVMUY ADR as a substitute for LVHM. Only the annual fees by the issuing company

      are maybe too high (1-3% annually I guess).

      Single stock investing anyway is not a good longterm strategy (... but almost nobody wants to hear/buy that ...)

      My own thinking:

      https://seedly.sg/questions/what-is-your-genera...

      Reply

      Save

          Always advisable to buy good-quality companies, nothing fishy about going to European market to fish for stocks.

          The usual boring cons would be forex,wht etc etc

          Reply

          Save

              Write your thoughts

              Advertisement