Buying stock abroad?
Question:
Answer:
There will be many foreign stocks traded on the London exchange. You might investigate them. Also there will be many funds available to you that specialize in foreign stocks. Even for stocks of a particular country. I find that buying country specific funds is a very good way to participate in foreign markets where I do not know a great deal about the particular companies.
You could use a UK broker account, however commission prices would be much higher. If you don't care about commission rates, you might as well keep on using tou account. If you do, I advice you to open a US broker account.
I would contact your American broker first and see if you can purchase foreign securities through it.
Respectfully!
Buy an international mutual fund or a Global fund. Let a large institution do all the research for you.
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