Comments on: It's Time to Invest in Canada

By: robert finn

robert finn — Mon, 12 Apr 2010 01:11:28 +0000

I became an executor of a Canadian estate 2 years ago. No problem until recently, when the broker started saying that because I am a U.S. resident, they cannot do business with me. I tried moving the account to other brokerage houses, and they all said there is some old SEC ruling from 1934 that prevents Canadian investment accounts from having U.S. residents as account holders, and they will not even let me transfer the (lucrative) account to their company!

So I'm stuck in a weird limbo…I have to execute my responsibilities as executor, but nobody will let me trade!

I'm probably the not the first person this ever happen to. Do you know how I might solve my problem?

Thanks,

Robert

By: rookieinvesor

rookieinvesor — Sun, 21 Mar 2010 04:01:09 +0000

WOW, it's unbelievable that US investors never look beyond their backyards. Canadians are known to be conservative investors and Albertans are known as savers (Calgary has more millionaires per capita since there are only over 1 million people that lives in this Stampede City)…way to go CALGARY!!!!

Eslanda, there are many discount brokerages around especially in US. You will save tonnes of money by buying stocks yourself. Try Scottrade, Zecco, E-Trade, TD Waterhouse, etc…give them a call and ask. You might find one that suits your style.

Good luck…

By: Harry

Harry — Sat, 20 Mar 2010 14:52:55 +0000

CLO:Claymore Oilsands Sector ETF is a good play for the oilsands group of companys

By: eslanda

eslanda — Fri, 19 Mar 2010 14:34:57 +0000

I would like to know how to purchase shares of those promising Canadian companies. I am an old investor, but mostly in mutual funds. I call the mutual fund co. and buy shares, and hold to them. I also have an income-oriented portfolio of various products: preferreds, mutuals, bonds, notes etc. with Merrill Lynch. I know I can call my broker at ML and ask him to purchase those Canada equities, but I'd rather learn how to do it myself, for obvious reasons (not to pay commition, not to depend on the broker accessibility). Please, respond. I'll appreciate your advice. It will not be an investment advice, but how-to instructions. Eslanda

By: Jack Mc

Jack Mc — Wed, 17 Mar 2010 13:17:26 +0000

Do you have any recommendations, say an ETF, to play all of this good news? It would be welcome.

By: mary

mary — Tue, 16 Mar 2010 23:49:37 +0000

You always mention California (One of few states west of mississipi) haha, guess what, there is another Washington. We have had a lot of tech, co here Microsoft among others ( who) among other things. I know that it is silly to mention since most people don't think that there is another Washington.
I also think that you should mention Canada. You practual practually said nothing about Canada. We in Washington (state for those of you who don't know the difference between Washinton DC) and Washington state appreciate our friends in Canada, I even have 3 of my sisters who live in CANADA. Pne who appreciates Canada. grammarpinks1gmail.com

By: Marco

Marco — Tue, 16 Mar 2010 20:18:36 +0000

Yes! ….. and your recommendations to take advantage of this are ?!?

By: DeeJay

DeeJay — Tue, 16 Mar 2010 16:57:53 +0000

... "Canada had always seemed a rather boring country to invest in" !! Boy - you Americans sure have big fat egos. It's no wonder your country has fallen flat on it's face !! Canada is an exciting and vibrant country who has "respect" for it's neighbor(s) and is anything but boring. Let's see who is "boring" when "you" - the US - comes begging for water. An exciting and vivacious proud to be Canadian ... DeeJay

By: yeah Canada!!!

yeah Canada!!! — Tue, 16 Mar 2010 14:27:26 +0000

Canada is working well for me. I own Osisko Mining. Its a pink sheet in the US
but I am up 35%. (OSKFF) I studied the company for a long time before investing
last year. Check it out!

By: Paul Gann

Paul Gann — Tue, 16 Mar 2010 14:11:32 +0000

Gentlemen
I have been reading your various stories on investemtents in the US. The universe is not centered on the US. There are other countries and opportunities to invest in. As this recent article extolls the virtues of investing in Canada, you should do that more often. Yes as Canadians we are more conservative and selective about our investments. As a Canadian, I welcome this opportunity to "blow our own horn". There are good investment opportunities here. There are many foreign companies that have and are investing in Canada. Seek and yea shall find!

By: Mike Bickley

Mike Bickley — Tue, 16 Mar 2010 13:47:23 +0000

Perhaps living in Bermuda and having a degree from a canadian University has made me more inclined to hold Canadian shares.Both MEL (T.) and VSX(V.) have done well for me.

By: Terry Hamm-Morris

Terry Hamm-Morris — Tue, 16 Mar 2010 13:05:17 +0000

What is the deal here, we pay for investment advice and this article is not marked sponsored material. If it had been I would have ignored it given the rip off I paid for with the Girger Index. We are paying for stock information and this guy is flogging a report or book. Your good articles are getting more scarce and now you call this investment advice. The reason one buys a report like this or the Geiger Index is we do not have the wherewithall or resouces tjo get all this information and that is what we are paying you to do……what's the deal. Read this article that seems like we are going to get some information and we get an great opportunity to buy a book?? This whole deal is becoming a ripoff.