Oh no, not the coin-flip postulate. I hate that one. ;-)
How would a SWIFT ban impact owning Russian stocks?
- Thread starter kmgilroy89
- Start date
Oh no, not the coin-flip postulate. I hate that one. ;-)
How will American financial institutions deal with Russia sanctions?
https://www.latimes.com/business/story/2022-02-25/blackrock-vanguard-russia-sanctions-ukraine
Russian ADRs traded in the USA
http://www.site-by-site.com/adr/europe/adr_rus.htm
Another reason why I avoid ADRs...
It makes me sleep better at night.
It makes me sleep better at night.
So May 25th is the date when you can no longer trade these securities? Hmmm...it's probably best to wait, because if they unload they might become even bigger values.
I just called VanEck. They said they would try to track the RSX with highly correlated assets when they can't trade the securities. Not sure if I can trust them lol.
Russian stocks are the most favorable risk:reward trade I've seen in the last couple years. The only question is will Americans be able to participate. Trading is restricted and we might not be able to invest in Russia for a while.
We probably won't be able to collect dividends. However, when things open up again your account will probably have at least doubled.
@IntergalacticSpace and @kmgilroy89 are you Russian trolls?
Strange that intergalacticspace is already on ET since 2016 with only 18 posts from which 13 are from the last 12 months.
Strange that intergalacticspace is already on ET since 2016 with only 18 posts from which 13 are from the last 12 months.