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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (50566)	1/14/2013 8:28:31 PM
From: Mr.Gogo	Read Replies (2) \| Respond to of 78659

Guys what do you not like about xyratex?

To: Jurgis Bekepuris who wrote (50566)	1/14/2013 11:40:00 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78659

What you state is correct. You can purchase foreign stocks in your IRA using Interactive Brokers. It's just a little bit more complicated, because your have to purchase the currency first (with a margin account, you can purchase the foreign stocks right away), because you cannot buy on margin and otherwise your would have a negative foreign currency balance in a nonmarginable account, which is not possible. So you first need to purchase a desired chunk of foreign currency (2.5$ cost/trade) before you can purchase the foreign stock on the foreign exchange, using the native currency. IB definitely requires a learning curve, but once you get the hang of it, it is really hard to beat.