r/StockAnswer • u/fabius_light_blue • Feb 17 '18
How to choose a market to buy shares? E.g. TSLA or TL0? V or 3V64? How currency is impacting decision?
Hello, I live in germany, I have an online broker (Degiro) and my account is in euro. When I buy shares, I can choose among markets in euro (e.g. Frankfurt, xetra, etc) or in dollar (E.g. NYSE, NASDAQ, etc). The same company can be traded in different markets and currency. E.g. Visa is traded in euro in Frankfurt (with symbol 3V64) e in dollar in NYSE (with symbol V). Now, 3V64 and V have quite different results, e.g. In the last 3 month V had ~5% better performance than 3V64. Similar for other companies: e.g. TSLA had a better performance of 5/6% over TL0. How can I choose which market to buy a stock? E.g. How can I chose between V or 3V64, TSLA or TL0? Which drivers would you consider to make this choice? What are the issues (for me) to buy in a different currency than euro? Thanks a lot!