Here in Canada, the Toronto Stock Exchange is a great way to invest in some of the most promising companies in the country.
However, we have some fundamental issues here in Canada when it comes to our stock exchanges. For one, most of the TSX is concentrated in cyclical sectors like oil and gas, materials, and financials. And secondly, our economy is not big enough to justify allocating all of our investment capital to it.
If you are, you are likely missing out on one of the largest and fastest-growing economies in the world, the US Economy.
However, many Canadian investors do not know how to invest in US stocks from Canada. We decided to make a piece to highlight some ways you can gain exposure to US stocks.
How to invest in US stocks from Canada
- Buy US stocks directly from your brokerage
- Buy Canadian Depository Receipts
- Buy Canadian/US listed exchange-traded funds
Buy US stocks directly from your brokerage
Although this is not the…
