Global InvestingStock Learning Center | Power of
Compounding | Dollar Cost Averaging
The world is much closer because of the Internet. Kids can collaborate internationally over the Internet when investing in foreign markets. In global investing, computers can bring down barriers, but not the potential risks including political, economical, and currency uncertainties. Do your homework in any foreign market before you invest. Meeting a friend on the Internet would help. Alternatively, you can invest in global mutual funds or in a new investment vehicles called country baskets, mutual funds families investing in a specific foreign country. Right now, nine countries have country baskets trading on the New York Stock Exchange (NYSE). If you are interested in country baskets, call 1-800-482-3940 for additional information. Another new investment vehicle for foreign countries is called World Equity Benchmark Shares (WEBS). These are also mutual funds for stocks in other countries. Like country baskets, it has lower costs than normal mutual funds. Now, seventeen countries have WEBS trading on the NYSE. For more information on WEBS, call 1-800-810-9327.
Stock Learning Center | Power
of Compounding | Dollar Cost Averaging
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