I am 23 years old and I'm just diving in to the world of investing in stocks and funds. I wonder if it would be worthwhile to invest in French stocks.
My father has invested for about 15 years and indicated that he achieved a ROI of about 40%. He didn't say how much he invested but I've seen some of the records and I believe it has been around 500,000.00€. With that said, I think that earning 40% of half a million in 15 years isn't as much as I would expect.
There are only a few companies trading on the Portuguese market and I think that I could probably earn more on another one such as the French stock market.
It costs more to hold international stock titles, so I would need to have a bigger profit to compensate.
Given that I have no experience at all and that I only have around 2k€ for investing and I look for the long term of 10-20 years, what would be best?
- Stay in the Portguese market?
- Invest in the French market?
- Train in Portugal and once I profit enough move to French market?
Sometimes I wonder if the reason that my father didn't earn more was because he played it safe and stayed in Portuguese market where he advises me to stay as well.
Thank you for helping!
TL;DR: As a Portuguese investor, when should I invest in French stock market?