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Compagnie Saint-Gobain Ticker: $SGO 😉

Interesting article!
If I am correct, cement and such derivatives also come from sand.
In theory, all construction companies are more or less dependent on sand.

In France we have some of the biggest construction companies in the world (we are still good at some things 😂):
$DG
$EN
$RE (partly belongs to Bouygues, if I'm correct)
$FGR
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@RaphGM thanks for the ticker (not found quickly)
-I now find it even more difficult to select the construction company than the raw material supplier
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@RaphGM There's a major French construction company on the stock exchange, but I can't find it at namen🤦‍♂️
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@RaphGM The problem always starts when you get dividends. I've already thought about opening a custody account in France for French shares. But apart from the new online broker from La Poste, I don't know of anything good. And then they have to accept only foreign addresses. I only know of one account model for "expatriés", but it's borderline expensive.
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@devnerd_daddy Why do you want to open a custody account in France? You can also buy French shares and ETFs from Germany.
And the 30% flat rate tax also applies when you are in France.

The only thing you could do is open a so-called PEA account or an "Assurance-Vie", then the tax is lower, but so is the choice of investment opportunities.
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@RaphGM Yes and no, I can also do this in Germany, but only DKB exempts me from social security contributions. In France it should be automatic, just like with my Air Liquide account.

Edit: Good question, whether I could do a PEA.
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@devnerd_daddy You can only have PEA if you are a tax resident in France.
I wanted to open it, but since I've been in Germany, it's not possible.

But I was able to keep my "assurance vie".
The tax advantages are good, but I'm limited to BNP Paribas investment funds: some are good, but much more expensive than ETFs.
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@devnerd_daddy By the way, Air Liquide is a beautiful company 😉
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@RaphGM Ah ok, no then I would be out of there too. I think if I ever think more about buying other French stocks like AXA or Scor, I might look at brokers there who also take people with foreign addresses.