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Thursday, August 7, 2014

How to Buy an Entire Country for $11.73

As of posting this, that is the current ask price on iShares MSCI Japan ETF, ticker symbol EWJ.

This ETF holds 308 positions in various companies located in Japan. By spending $11.73 you are essentially investing in all of Japan, or as much as you reasonably can by buying a single product.

What about commissions? This ETF is available commission free at both TdAmeritrade and Fidelity.

Should you buy it? I don't know, but it cost less than ordering pizza and it pays you a dividend twice a year.

Will you lose money? Maybe yes, but in theory it should never go to zero unless Japan implodes, which I feel is unlikely.

Just a thought:)

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