No. of Recommendations: 3
I am convinced that international diversification is a must. A recent Motley Fool article discussed slow growth and possible risk in US markets, vs opportunities for growth in countries with developing economies. My question is - what are the pros and cons of buying an international stock on an American exchange vs. buying share of the same company on a foreign exchange? Since the American exhange shares are bought and sold in dollars, is the only difference exchange rates over time?
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