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JZer
Joined: 16 Jan 2005
Posts: 3898
Location: Pittsburgh
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 Posted: Wed Feb 01, 2006 12:10 pm Post subject: |
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Gordon wrote:
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| Anyone who is a non-resident CDN can't put away RRSPs and even non registered ones too, buy CDN stocks or mutual funds. |
I am not an expert but I don't think this is true. If you have a permant address in Japan you should be able to set up a Fidelity account in Japan. With that account you can buy stocks in Canada or the U.S. as well as stocks on about any exchange. My account is registered in the U.S. but I will probably be buying one Candian stock soon. |
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Gordon
Joined: 28 Jan 2003
Posts: 5309
Location: Japan
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| Posted: Wed Feb 01, 2006 1:45 pm Post subject: |
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True, JZer. I could invest in Canada through a third party. I was talking about investing with a Cdn bank or mutual fund company. That is not something non-residents can do, so I have been bluntly told by more than one bank and company.
I will not invest in Japan, I don't trust it and the economy has been in such a rut, I'd rather keep it in a pillow case. |
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