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Motley Fool: ASK THE FOOL

Sunday 26 December 1999 00:02 GMT
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I'm interested in buying a small amount of shares in either Ericsson or Nokia. What is the best way to do this, especially since Nokia is listed on both the Nasdaq and the Finnish stock market?

D, by email

The Fool replies: Until European brokers open up more to world markets, one of the best ways to buy shares in worldwide companies is through an American online broker.

Many of the world's biggest and best companies, even if they don't have a direct American listing, will have American Depositary Receipts (ADRs) listed, which is the same thing in effect. Many US brokers will accept foreign clients, and their charges are usually pretty low too. You will find them advertised on many financial websites.

n If we publish your question, you'll win a copy of `The Motley Fool UK Investment Guide'. Email UKColumn@fool.com or snail mail to Motley Fool, 79 Baker Street, London W1M 1AJ.

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