Investing in the Stock market is historically proven to be one of the best investments and wealth builders. The S&P 500 Index has approximately generated an average annual return of 10%-11% since its creation in 1926 till 2018.
If you have invested $10,000 for 20 years with an annual return of 10% and only re-invested the profits without adding a dollar, you could’ve turned that into $67,275.
Read More: If you want to know more about investing and how to build the ideal portfolio, check this out How to build a stock portfolio in UAE.
Even when residing in the UAE, you can still buy US stocks and ETFs. It is never too late to start investing and building your portfolio by investing a lump sum amount or making a monthly contribution as little as you can afford.
Multiple brokers enable you to invest in the US and international stock market. We have done the research for you, tried many of them ourselves, and shortlisted the best brokers as per our rating.
eToro is one of the world’s leading brokers. A social trading netwrok where people can interact, check others’ portfolios and copy the trades of the best performing investors.
eToro offers zero fees for trading stocks and ETFs.
eToro enables users to invest in stocks, ETFs and cryptocurencies. They can also trade currencies, indicies and commodities.
Check out eToro Full Review Open Account
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Trading 212 is a global Stocks & ETFs broker. It also enables clients to trade CFDs on their user-friendly platform.
Founded in 2004 and regulated by UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC).
The UK-based company offers a high quality trading platform with good features and competitive fees.
Check out Trading212 Full Review Open AccountIf you are new to investing and unsure of where and how to start, or you simply don’t have time to focus on your investments, then it might be wiser to work with a financial advisor, as this option will give you the chance to learn along the way until you feel confident enough to start investing on your own.
At The Finance Dean, you can benefit from our network since we don’t work exclusively with just one advisory company. This, in return, gives us the utmost flexibility to connect you with the best advisors in town, who can meet your expectations, and help you achieve your financial goals.
A financial advisor’s role is to study your current financial position, understand your financial goals, and analyze the number of risks you are willing to take so they can draw the ‘Perfect’ investment plan to help you achieve your goals the fastest possible way.
You’ll be able to consult with the top advisors right here in the UAE for FREE. They will provide you with the expert investing advice you need.
Your financial advisor will first meet you and start with the relevant questions to thoroughly understand your current financial standings and goals.
Next, they will show you all investment options tailored to your goals and explain each option’s pros and cons so that you can decide confidently.
After starting, you will be meeting regularly to discuss the performance and to adjust your investment portfolio as per the market condition if needed.
As a resident in the UAE, you can take advantage of investing in the local stock market. There are multiple promising sectors and companies with high growth potential.
Be aware that if you are planning to buy stocks of the UAE local companies, you need to open a brokerage account.
You can see here a list of all brokers in the UAE.
Setting your investing account will give you access to invest in the following markets:
Dubai Financial Market DFM
> Nasdaq Duabi
> Abu Dhabi Securities Exchange (ADX)
> Saudi Stock Exchange (Tadawul)
You can also choose to work with an expert portfolio manager who can guide you and manage your portfolio.
There is no minimum requirement; you can start working with the portfolio manager with as little as you can afford to invest.
Get in touch and have a discovery call.It’s COMPLETELY FREE and there are absolutely no commitments to work with them afterwards