For Indian investors looking to invest abroad, there are international brokerage platforms to connect you to the US stock market.
The selection of stocks by investors planning to hold them for more than a decade or even for longer periods must be very careful. Although there is no fail-safe method for choosing multibagger stocks, holding some of the large caps and established leaders in their industry can do wonders for your long-term investment portfolio.
Five of the stocks that make up the “FAANG” acronym are well-known brands among consumers: Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and Google/Alphabet (GOOG).
FAANG stocks offer long-term wealth for investors. Also called MAANG stocks, they have a combined market capitalization of nearly $7.7 trillion. All 5 of these stocks are included in the top US stock market indexes – Nasdaq 100 and S&P 500.
Investing in US stocks can be a great way to diversify your portfolio. FAANG stocks are a great way to start investing in US stocks. These provide exceptional returns that either outperform the average American stock market or the average Indian stock market.
There are even international brokerage platforms that can open the doors to the US stock market from India if you are interested in investing abroad. Individual stocks or exchange traded funds (ETFs) can be used to invest in the FAANG stocks. ETFs are similar to mutual funds and track specific indices. Units in an ETF can only be bought or sold on a stock exchange during trading hours.
In the opening of a foreign shares trading account, KYC and LRS formalities can be completed within a few days. Once the money has been transferred to the foreign bank account, you are ready to buy foreign stocks from India. Buying dollars-denominated US stocks will be a great deal for you, as long as you stay within your budget.
There is no price barrier in the US stock market because fractional ownership is allowed. Unlike the Indian stock exchange, US stocks are accessible even if you have an amount as low as Rs 100. The number of shares you need will automatically be calculated once you decide how much to invest.
The US stock market offers investors the chance to pick up some of the leading global blue chips at affordable prices and reap the benefits over time. Investing in FAANG shares through Fractional Ownership lets you buy a fixed amount of FAANG shares each month.
