How To Profit From Investing Overseasby SarahN
How To Profit From Investing Overseas
In recent years investing has truly removed borders. PC and mobile technology allows anyone to connect to global markets without the hassles that would have put off all but the most determined investor. So if you want to explore developing and sometimes runaway markets, the world really is your oyster.
Then why not try a “MIST” or the “N11” — or one of the world’s many and increasing “emerging markets”? Or how about putting some of your money into Kiwi bonds, Mexican debt or Yankee-yens?
What about investing through a tax haven? After all, if the really rich use them, why shouldn’t you?
An exciting array of exotic — and often high-risk — investments awaits you in the world of investing overseas.
But there are excellent safe investments too. For the conservative major portion of your overseas holdings you may want to consider international OEICs, ETFs or unit and investment trusts, shares or derivatives in giant multinational US corporations, high-interest overseas bank deposits or international bonds.
Throughout SPI you’ve learned repeatedly of the benefits of diversification, spreading your investment eggs in an optimum number of different baskets to maximise return and minimise risk.
And investing outside the UK provides an obvious hedge against the vagaries of the UK economy.
Four powerful reasons for investing at least a small portion of your holdings overseas are: