KeepItReal Posted August 14, 2024 Posted August 14, 2024 1 hour ago, MikePDNA51 said: As a USA citizen cannot invest in certain countries stock markets (India). My Roth IRA just sits there There are USA based funds that focus on specific countries like India or emerging markets as a whole. You can invest in those markets through them. https://money.usnews.com/funds/etfs/rankings/india-equity Kevin Slater and MikePDNA51 2
+ Vegas_Millennial Posted August 14, 2024 Posted August 14, 2024 2 hours ago, MikePDNA51 said: As a USA citizen cannot invest in certain countries stock markets (India). My Roth IRA just sits there Choose a different company to be the custodian of your Roth IRA. Choose a company that offers Indian mutual funds or exchange trade funds, and/or one that will purchase American Depository Receipts (ADR) of stocks of an Indian company on your behalf. I currently have an Emerging Markets Mutual Fund in my Roth IRA. It is invested in a mix of companies from China, India, Taiwan, South Korea, and Saudi Arabia. That suits my profile (This one Emerging Markets Fund makes up about 10% of my Roth IRA). MikePDNA51 and Kevin Slater 2
MikePDNA51 Posted August 16, 2024 Posted August 16, 2024 This is what I am seeing in India IPOs. Need to get in market than make percent and get out. Guess this would be a hedge. Hedge is a stupid word for make money in short time period. LOL Th
+ FrankR Posted August 16, 2024 Posted August 16, 2024 6 hours ago, MikePDNA51 said: This is what I am seeing in India IPOs. Need to get in market than make percent and get out. Guess this would be a hedge. Hedge is a stupid word for make money in short time period. LOL Th Based on this, you are not looking to invest, rather you want to speculate on short term market fluctuations. It is not something I recommend and you are likely to lose it all. https://www.forbes.com/advisor/in/investing/how-to-buy-stocks/ Beancounter 1
+ JamesB Posted August 16, 2024 Posted August 16, 2024 8 hours ago, MikePDNA51 said: Hedge is a stupid word for make money in short time period. LOL I don’t think that is what hedge means. A hedge is an investment or strategy aimed at minimizing the risk of adverse price movements. The primary goal of hedging is to limit potential losses rather than to generate profit. It’s about reducing exposure to negative price shifts while still allowing some participation in potential gains. mike carey 1
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