| pezus said: How does one go and buy stocks, is it possible for a non US citizen for example? |
You need to work with a broker in the country you reside....
Typically buying stocks on a foreign market will cost you more fees than buying on a domestic market and you will be exposed to change variations...
But citizenship has nothing to do with it, what is important is the country you reside in ( you can actually buy stocks on any markets from any country but the fees and change risks are going to be huge and not worth it ( I'm guessing you're not planning on spending millions of $ ;))).
PS : I'm not a US citizen, I reside in the US, I have a green card but I am not a citizen.
PS2 : Buying stock is not something I would recommand to do on a whim, basically if you are going to need in the next few years the money you plan to invest in stocks, buying stocks is probably not such a good idea as you won't be able to withstand a bad market swing...
Personally the money i am investing is money I won't need before I retire ( in 20 years or so) so I can withstand pretty much any huge swing..
PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !
PS3-Wii gap : 20 millions and going down !
