How to Invest in Canadian Stocks

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Investing in Canadian stocks requires considering currency rates, exchange rates and the other expenses inherent to international stock trading. Put money in international stocks to create diversity and spread out risks with investing advice from a certified financial planner in this free video on personal finance.

Part of the Video Series: Investing Information
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Video Transcript

Today, we're going to talk about how we can cross the border into our neighboring country of Canada and invest in Canadian stocks. It's challenging to look into investing in another country. There's things that you need to think about, such as currency rates, exchange rates, and other expenses that can be involved, along with how do you invest in a foreign country's stock market. The U.S. has made this fairly simple to do in that if you're willing to invest in an exchange traded fund or a mutual fund that specializes in international or foreign stocks, you can easily invest your money in a fund like that and get the benefit of investing in countries outside the U.S. A couple terms to consider here are what's the difference between global funds and international funds? When you're investing and a U.S. citizen, international means all countries outside of the U.S. Global would include all countries outside of the U.S. as well as stocks that are located within the U.S. So global means that you're getting the whole world; international means you're getting everybody but the United States.

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