Can I use my IRA to invest in funds that are traded on a foreign stock exchange? ? - foreign stock exchange
For example, that a fund will be traded exclusively on the London Stock Exchange.
Foreign Stock Exchange Can I Use My IRA To Invest In Funds That Are Traded On A Foreign Stock Exchange? ?
4 comments:
No, you can find problems when you try to buy directly. The IRA is concerned that if share certificates are not put in the custody of the United States United States could leave the country to collect and sell, without having paid taxes.
I saw this recently. Ultimately, I found that you can achieve the same thing by buying an ETF (Exchange Traded Funds). There are more than 800 of them and I mean traditional IRA to buy everything from foreign currencies to foreign stock exchanges or baskets of foreign stocks in various sectors. I thought to do with me what I do in the foreign markets that do not need a broker (ie you) can negotiate for themselves, I think it done somewhere in the system attempt to otherwise.
ETFs trade like stocks and are easy to process. Just go to Yahoo Finance and ETFs, you will find a complete overview of what you can do, to obtain. Brave new world!
I close my IRA and use the money.
I do not think you can, but many stocks of foreigners already here to trade, they called ADR ...
I close my IRA and use the money.
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