There are many ways to invest in foreign companies. International funds are the most common. But what about individual stocks? An ADR is an easy way to buy foreign stocks through your broker.
Define ADR
American Depositary Receipt or ADR is a type of security that represents shares of a foreign company. A U.S. depositary bank buys the foreign stock and issues ADRs in the U.S. market. Each ADR represents one or more shares (or a fractional share) of a foreign stock and trades at a price equal to the foreign stock.
This process makes it easier for investors to gain access to foreign companies like: BP, Toyota (TM), or Nokia (NOK). Which are all American Depositary Receipts traded on the NYSE. Continue Reading…
One of the hard parts of investing is knowing when to sell once you have a profit. Another is selling too early and missing out on more profit. And, of course, through all that, you still want to protect your profit so it doesn’t become a loss. Which all sounds complicated, but a trailing stop order covers all of this and more.
The tax code is constantly changing. Sometimes you can get a leg up on next year’s tax changes by taking advantage of any current favorable tax code.
The markets came back to reality this week. Many blamed it on the election results. Despite your political leanings, there’s been this fiscal cliff to deal with all year. And apparently Europe still has problems too. The concern going forward lies with the possible effects of expiring tax cuts. You can read all about the potential