7.01.2023

The reason for this ban is unclear

Warning, the text below is my own opinion and musing. The text may have conspiratorial elements.

As a private individual in Europe, you have been forbidden for some years not to buy certain American ETFs, for example GOF and PDI.

The EU has decided that the American ETFs involve too much risk for me as a private person to own. However, I am allowed to buy European ETFs.

I doubt this EU ban is due to their concern for my savings. I am more inclined to believe that they are protecting the European financial institutions since they are allowed to invest in the US ETFs.

This means that I can indirectly own parts of the American EFTs. Which unfortunately won't be the same as when I could own them outright.

-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

I am not built for this

Since becoming a mother almost 18 years ago, my heart has, figuratively speaking, been in our son's hands. Until the beginning of April ...

  • The hunt for ARR continues
    A bullish market makes the hunt more challenging. I (we) aimed for ARR in all our 4 portfolios yesterday but only managed to make purchases ...
  • The world's worst secret
    The people, exclusively mothers, that I have talked to about the sadness of the world's most perfect teenager prioritizing friends over ...
  • The company with 9 lives
    Oscar Properties Holding AB (OP), a Swedish company that is listed on the Swedish stock exchange and whose business idea is to buy, develop ...