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

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?

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Discussion (2)

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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...

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

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