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NEOhio

May 22, 2004, 8:45 AM

Post #1 of 3 (270 views)

Investment in MExico

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Are you allowed to buy stocks from within Mexico, ie. with a Mexican broker, or should you continue to invest internationally from a US based broker?

jennifer rose

May 22, 2004, 4:26 PM

Post #2 of 3 (228 views)

Re: [awcaldwell] Investment in MExico

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In Reply To

Are you allowed to buy stocks from within Mexico, ie. with a Mexican broker, or should you continue to invest internationally from a US based broker?

The answer to the first question is yes. The answer to your second question depends upon a number of variables, including without limitation your relationship with your broker, the nature and extent of your portfolio, and your investment objectives.

NEOhio

May 22, 2004, 4:55 PM

Post #3 of 3 (220 views)

Re: [jennifer rose] Investment in MExico

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Although it will take a LOT of educating ourselves about Mexican companies and business practices we generally like to invest in local companies making growth noises. A part of that is supporting and discussing possibilities with a local broker rather than utilizing a long distance relationship with our broker. He won't know whats happening there - and it'll probably take us a long time to get enough information ...there doesn't happen to be an investment club around is there?

Although Home Depot Mexico is probably a safe bet.