The Motley Fool Discussion Boards

Previous Page

International Investing / India (BSE)

URL:  http://boards.fool.com/hi-ellenlwb-in-case-youre-not-totally-familiar-28008118.aspx

Subject:  Re: indian stocks on us exchange? Date:  10/5/2009  9:48 AM
Author:  TMFCogitarius Number:  232 of 244

Hi ellenlwb - in case you're not totally familiar with the intricacies of overseas investing, you definitely should invest in getting to know more about ADRs first.

Here's some valuable ADR information you should study carefully before even thinking of putting up a cent:
http://www.adrbnymellon.com/home_university.jsp

Among many other things, you need to find out about ADR fees (on top of broker fees), tax withholding on foreign dividends (depends on tax treaties between US and the country concerned), impact of foreign exchange fluctuations on ADR pricing, etc.

On the same site, you'll get comprehensive ADR listings by country, industry, etc:
http://www.adrbnymellon.com/dr_directory.jsp

Also, here's a Fool article you should check out:
http://www.fool.com/investing/dividends-income/2005/11/15/in...

"I am really not interested in a mutual fund, just buying a few shares of certain companies."

Do remember that investing in individual stocks - particularly foreign ones - requires a very significant commitment of time, effort and skill, and can be quite frustrating due to the difficulty of getting timely, standardised, and reliable performance/ financial data.

Have you considered international ETFs instead - they're a lot more suitable for the average investor, and can be much less risky than a few foreign stocks - e.g. Vanguard's Emerging Markets Stock ETF (VWO) - one of the stalwarts in the field?

However, if you're sure you want individual stocks only, then you should check out the 30 day free trial offer for Motley Fool Global Gains, which gives you two global stock picks per month, plus Wild Card stocks, funds, and lots of great discussions among its many members
http://newsletters.fool.com/25/index.aspx?source=ipesittph00...
---------------------
Global Gains Home Fool
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us