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By Allan A MacRae

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Exchange-listed foreign stocks trade just like domestic common stock. Minimums on other stocks and bonds vary widely by issue and dealer, but are < previous page page_25 next page > < previous page page_26 next page > Page 26 often high. With the extra risks, diversification is important, which raises the cost even higher. Unless you are wealthy, you should probably opt for one of the mutual funds or other investment vehicles pooling foreign securities. What fees and charges are involved? Transaction costs can be a significant consideration.

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To help in the process is a professional establishment comprised of brokers, investment advisers, and financial planners supported by practitioners < previous page page_19 next page > < previous page page_20 next page > Page 20 of various securities analysis approachesthose trained in fundamental analysis, technical analysis, chartists, and others. Investors with limited means can gain the advantages of common stock ownership together with the benefits of professional management and portfolio diversification through mutual funds, which are discussed elsewhere in this section.

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An Introduction and response to the higher criticism of the Pentateuch by Allan A MacRae


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