Eureka Correspondence

International investing, considering bonds and the real cost of property.

There is a lot of information on investment options. Recently Clay Carter is now recommending certain stocks for the international portfolio model. What is never addressed are the actual costs for an Australian who wants to buy directly these overseas equities. AUD to USD exchange through the banks is a bloody rip off in this country, would it be better to just buy an international ETF, no doubt they would get better forex than myself. Could you please provide some information on these costs, the impact on returns must be significant.


Editor's response: Thanks for your letter. We published an article last year with some information about the costs to Australians of international investing: Buying overseas stocks: A Eureka guide.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles