Stock Markets Exposed

Advice on Russian stocks?

Hi I live in Canada and have 2 questions. Will appreciate answers to the following: 1). If I buy Russian stocks directly (not on American exchanges), IS IT LEGAL TO HAVE THEM ON RRSP ACCOUNT? 2). Russian stocks traded on the U.S. stock exchanges all seem to be expensive. Are there less expensive stocks traded in Russia? What are the good stocks to buy and good brokers to contact? Cheers.

Public Comments

  1. Why Russia? why stocks? Better put your money in Belarusian bank. You will get a 12% APY with NO RISK AT ALL because all deposits are state insured. No fees. No risk. No taxes. 12% annual return is guaranteed I have opened such a high interest account 5 years ago. http://answers.yahoo.com/my/my;_ylt=ArRnmbJWCHtAUmFzWBCmILAazKIX;_ylv=3 To my mind GAZPROM stocks would be the best choice if you still want to buy Russian stocks. Good luck!
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