currency hedge

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benny fitt

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If you buy shares in companies listed on a non euro exchange ,your holding will be in that currency and your share certificate will state this.

My advice is buy "household name" stocks in large capitalised companies,
e.g. Coca Cola,Unilever,Procter and Gamble etc, stay away from energy and commodity stocks.
 
i assume it doesn't matter if your broker is in ireland? would you recommend any good online traders with low fees?
 
Yep but Capital controls,taxes, god knows what, and the fact a breakup would send stock markets spiralling downwards by LARGE amounts, might mean problems to your idea.
 
benny fitt said:
If you buy shares in companies listed on a non euro exchange ,your holding will be in that currency and your share certificate will state this.
Click to expand...

Exactly how does this represent a currency hedge, what are you hedging against what???

benny fitt said:
advice is buy "household name" stocks in large capitalised companies,
e.g. Coca Cola,Unilever,Procter and Gamble etc, stay away from energy and commodity stocks.
Click to expand...
In buying these global companies you are in fact exposing yourself to a whole array of currency risks, not to mention all the other risks associated with holding equities...
 
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