A Beginner’s Guide to Investing in the Israeli Markets
If you ask anybody how to accrue wealth, most people will answer, “you have to invest.” The question is, what should you invest in?
Many people would answer that the stock market is the best way to steadily accumulate wealth. Often, this is sensible advice. The stock market allows you to buy a share in various companies and sell that share for a profit.
However, the value of US stock shares can fluctuate by the hour. So, it may be wise to invest in other international markets.
An example of this would be investing in Israeli markets. Stocks in Israel can help you accrue wealth and diversify your portfolio.
If international trading intrigues you, keep reading! We’ll explore how to break into the Israeli stock market in the guide below.
How To Invest in Israeli Stocks
There are several ways to invest in Israeli stocks. The most traditional approach would be to invest in the Tel Aviv stock exchange (TASE). Since the 1990s, the TASE has expanded its trading options to make international investing much easier.
As such, you can invest directly through the Tel Aviv exchange. Alternatively, you can also look for dual-listed companies in the US market. Many of Israel’s largest companies make their way onto US exchanges.
This approach is often easier for American investors than engaging directly with the TASE. However, you’ll still need to open an Israeli bank account that provides TASE investment services. We’ll discuss this in the next section.
Choosing a Bank and Broker for Israeli Markets
The next step is to open an Israeli bank account with a bank that offers TASE investment services. Most larger banks in Israel will have English options to help you create an account. However, some smaller banks still have menus and websites exclusively in Hebrew.
Next, find a broker who can help you navigate the Israeli market. There are a few ways to do this.
First, you can retain an Israeli stockbroker. Remember, brokers from large brokerages likely have an online presence. If so, they’ll likely allow you to trade via Internet services.
A Quick Note on Wire Transfers
When you make stock purchases in the Israeli market, conduct a wire transfer of funds into your Israeli bank account. From there, you can begin making stock purchases.
Bear in mind that some fund transfers may suffer delays. Usually, these delays will only last for two weeks.
Start Investing
Once you’ve transferred money into your Israeli bank account, you’re ready to buy stocks. The Israeli stock market has several industries that usually perform well. Some of these include:
- Technology
- Defense companies
- Cybersecurity
Other industries also thrive in the country. So, have a look at some strategies for building the best Israeli portfolio.
Start Diversifying Your Portfolio with Israeli Stocks
Investing in Israeli markets can be an excellent method for diversifying your portfolio. So, follow these steps to get started with your Israeli stock investments!
We hope you enjoyed this article! If so, check out our other financial tips today.