facebookWhy are US Stocks so popular? I don't get it... I mean every country has their own set of stocks as well, but why does everyone look to the US market? Why not China or Japan or UK? - Seedly
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Anonymous

Asked on 09 Sep 2020

Why are US Stocks so popular? I don't get it... I mean every country has their own set of stocks as well, but why does everyone look to the US market? Why not China or Japan or UK?

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China is upcoming fast.

Surely progress and innovation (technology of all sorts) and the entrepreneur-friendly ambiance in the U.S. made them so longterm successful.

When we talk about success know also that only a small percentage (around 5%) of all stock companies led in aggregate to this success. Numerically the large majority of the U.S. stocks failed to do so, yer the good ones were so supersuccessful that they lifted the averaged indices.🍀​​​

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Question Poster

10 Sep 2020

This is so helpful 👍

Frankie Rappaport

Frankie Rappaport

10 Sep 2020

CNYA would be the better ETF than MCHI tax wise, I feel. I also feel that there are already several promising China Technology ETFs, but I cannot recommend here buying them, this is very, very risky business, and the prices really are much more volatile than the U.S. technology ETFs. At least You'll find the more interesting China Technology ETFs mentioned in my text here, if of interest: https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
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