by Merlin » Sat 02 Jun 2007, 21:18:05
Rising share prices is world-wide phenomenon. About 3.5 months ago, I transferred most of my retirement stock market portfolio out of U.S. stocks and purchased shares of 27 companies around the world (Canada, Australia, New Zealand, Hong Kong, Singapore, UK, India, Netherlands, Finland, Switzerland, etc.) in a broad cross-section of businesses (natural resources, banking, grocery store chains, water purification, commodities, manufacturing, etc.)
Of the 27 companies, I'm still in the red on 9 allowing for transaction charges. But, overall, the portfolio is up at an annual rate of 43%. This scares the hell out of me because I know that nothing goes straight up forever. While I'm grateful for the gains and look forward to being a multi-millionaire in just a few short years, I doubt it's going to happen. Trouble is folks, what we have here is a timing problem. Don't know when the bubble will pop.
Question: Does anyone have a database of insider buying and selling for non-US companies?