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Most brokerage firms offer accounts that limit you to selecting mutual funds that give the firm a cut of the fees. I want freedom to do what I want with my money. I am interesting in investing in foreign companies and global mutual funds. My current firm limits my investing to companies that meet a certian criteria.

2007-03-26 18:38:01 · 4 answers · asked by Chad H 2 in Business & Finance Investing

4 answers

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2007-03-26 19:01:30 · answer #1 · answered by Anonymous · 0 0

The problem is the word is advisory. If you want freedom you have to get rid of advisors. N o need for them anyway as excessive trading hurts. Everyone has global mutual funds now. Completely common. ETFS are smarter. EWA Australia CAf China EFA developed countries. No need to invest in specific foreigh companies and in general should not unless adrs on US Exchange. Invest - don't speculate. you are with a bad company so go to schwab.com and do it yourself and cheaper. saying 5% Gold 30% Large cap us 25% International 20 % Mid cap US 10% Small Cap & 10% specialty income works whther you have $10,000 or $10,000,000. Put the portfolio together then hands off. Schwab has no fee funds from many families. Feel free to contact if further qs but get awat from advisors who charge NOW.

2007-03-26 19:12:54 · answer #2 · answered by vegas_iwish 5 · 0 0

You won't get a broker to do that, You would have to start an account with a discount broker that has alot of mutual funds. I don't think you would be able to buy any fund or stock in the world because some countries only allow citizens of the said countries to buy and own stock.

2007-03-26 19:02:58 · answer #3 · answered by redd headd 7 · 0 0

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2007-03-27 08:17:23 · answer #4 · answered by rapid m 1 · 0 0

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