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SCARED MONEY DONT MAKE MONEY. BUY NOK 🚀🚀🚀🚀🚀
If you have cash that you want to invest. Please consider Treasury Series I Savings Bond (Electronic). Interest is 7.12% right now. While it's not guaranteed that the 7.12% will remain until next year, it's still a good deal.
My SO and I just invested 20k (10k max per person even married).
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
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I think some are for the sports car manufacturer and some are for the holding company that includes VW, etc
If you can’t understand it, don’t buy it. German companies ownership are very complicated. I like straight forward dividend stock. Easy to understand.
Haha I was wondering the same thing the other day!
Looks like POAHY and POAHF are the parent company, which basically is just a holding company - it owns Porsche the car maker (which are the DRPRY and DRPRF tickers) and VW (which in turn, also owns a portion of Porsche the car maker). The difference between the xxxxY and xxxxF is that one is an ADR (which I'm sure you can Google, but isn't exactly the same as buying a stock).
I guess I'd think of it as you can buy exposure in just the Porsche the carmaker or buy exposure to both Porsche the carmaker and also VW