Search found 1302 matches

by TedSwippet
Sun Aug 20, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: 1M USD net worth, 60K USD annual expenses [UK]
Replies: 2
Views: 575

Re: 1M USD net worth, 60K USD annual expenses [UK]

Just a couple of brief thoughts. If you 'gift' money to your wife to invest on your behalf you will want to watch out for potential US gift tax issues if/when she 'gifts' it back to you. US citizens can only give $148k/year or so to a non-US spouse before US gift tax rules kick in. There are similar...
by TedSwippet
Sun Aug 20, 2017 3:09 am
Forum: Investing - Help with Personal Investments
Topic: Canadian Expat Here - Need advice on US ETFs
Replies: 6
Views: 394

Re: Canadian Expat Here - Need advice on US ETFs

canadianworldexpat wrote:
Sat Aug 19, 2017 6:58 pm
Does make sense to hold non US domiciled funds only. Am looking at the Europe/UK Vanguards now...
In case you have not already seen them, we have two Wiki pages specifically on this topic:
by TedSwippet
Sat Aug 19, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Canadian Expat Here - Need advice on US ETFs
Replies: 6
Views: 394

Re: Canadian Expat Here - Need advice on US ETFs

1. If I invest in US domiciled ETAs, would I be paying 30% tax on interest income, or would it be reduced to 15% as I am a Canadian citizen (or is the reduction solely based on country of residence versus citizenship) Solely on 'tax residency'. From a dissection of Article IV of the US/Canada tax t...
by TedSwippet
Sat Aug 19, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: EU / NRA investment with tax treaties in place - Best ETF options?
Replies: 2
Views: 198

Re: EU / NRA investment with tax treaties in place - Best ETF options?

For US Estate tax, the limit is some 5 Million. Conclusion: not relevant for me If your country is one that has a US estate tax treaty then yes, your limit is around $5mm. Otherwise the limit is just $60k -- that is, just over 1/100th of the limit allowed for US citizens and people domiciled in an ...
by TedSwippet
Sat Aug 19, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Young EU Investor
Replies: 71
Views: 5665

Re: Young EU Investor

Just to be clear... that estate tax of 40% it's only apply when the person that holds the funds die? Yes, US estate taxes are triggered by the death of the individual owning US domiciled funds or ETFs, and any other 'US situs' assets. Non-resident aliens not holding US real estate do not have to wo...
by TedSwippet
Fri Aug 18, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for Israeli expats with medium and long term saving goals
Replies: 12
Views: 810

Re: Portfolio advice for Israeli expats with medium and long term saving goals

I am considering an Israeli low-cost accumulating index fund on S&P 500 in the Israeli IRA account. It uses future contracts so there may be no PFIC considerations. I might be missing something here, but offhand I can't see how fund's use internally of futures contracts would protect you from PFIC ...
by TedSwippet
Thu Aug 17, 2017 3:51 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio options when relocation to home country India is possible in distant future
Replies: 18
Views: 1223

Re: Portfolio options when relocation to home country India is possible in distant future

The estate tax is levied on the US portion of an estate on death, and the exemption for non-resident aliens is a paltry $60k of US situs assets. A pre-tax retirement account such as an IRA or 401k is deemed to be a US situs asset, no matter what is held within it. Thank you, I am not aware of this....
by TedSwippet
Wed Aug 16, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio options when relocation to home country India is possible in distant future
Replies: 18
Views: 1223

Re: Portfolio options when relocation to home country India is possible in distant future

What is this based on? Pretax retirement accounts or exit tax criteria for renunciation? I am not sure what you mean here. Perhaps you have conflated the US expatriation tax and the US estate tax. They are two different and separate things, but non-US citizens who work for a while in the US and lea...
by TedSwippet
Wed Aug 16, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Help with doubt about heritage with assets in the whole world in a Interactive Brokers IB account
Replies: 7
Views: 763

Re: Help with doubt about heritage with assets in the whole world in a Interactive Brokers IB account

In case of death, what's goes to the beneficiary? Money or assets? It could be either, depending on the way the executor winds up the estate. Read on below for why it should not matter which occurs. If the beneficiary take the assets in Ireland and sell it and the money needs to go to a bank in US,...
by TedSwippet
Tue Aug 15, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: VWRD (LSE) low volume ? order book volume 253
Replies: 1
Views: 130

Re: VWRD (LSE) low volume ? order book volume 253

This seems like very low activity. Is it safe to buy 500-1000 units of this ETF? If you use one or more limit orders you should be fine. Assuming you are not trying to 'time the market', set your buy price limit to the current offer price, or perhaps mid-way between bid and offer. More in this Vang...
by TedSwippet
Tue Aug 15, 2017 2:24 am
Forum: Investing - Theory, News & General
Topic: Irish versus USA funds
Replies: 1
Views: 309

Re: Irish versus USA funds

Is the 15% dividend withholding rate worth it to choose VUSD over SPY? But if you are a non-resident alien you will pay US tax of 30% on dividends paid to you from SPY, withheld and deducted by your broker. This is reducible to perhaps 15% if in a tax treaty country. In contrast, there is no furthe...
by TedSwippet
Sun Aug 13, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

Question: is the 15% tax on dividends on Irish domiciled ETF also applicable to ETFs that hold only US bonds? It should not be. A non-US corporation such as an Ireland domiciled ETF will receive income from US Treasury bonds free of any US tax , and the ETF itself does not (of course) incur any US ...
by TedSwippet
Sun Aug 13, 2017 5:29 am
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

I don't see how the US can enforce this estate tax law without making the process of brokerage use by NRAs so draconian as to drive them away. It seems to me like it would be dead easy to do (sorry, bad pun). One tick-box saying ' I agree that if I die my estate will inform the brokerage, and detai...
by TedSwippet
Sun Aug 13, 2017 4:26 am
Forum: Investing - Help with Personal Investments
Topic: Help with doubt about heritage with assets in the whole world in a Interactive Brokers IB account
Replies: 7
Views: 763

Re: Help with doubt about heritage with assets in the whole world in a Interactive Brokers IB account

In case of heritage the taxes is according to assets in country like, US = 40%, Ireland = nothing ..... or I pay everything 40%? Ireland's inheritance tax is on the beneficiary. See page 30 of this document from Deloitte - https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax...
by TedSwippet
Sun Aug 13, 2017 3:50 am
Forum: Investing - Help with Personal Investments
Topic: Investing with VG as a foreigner
Replies: 1
Views: 265

Re: Investing with VG as a foreigner

Would purchasing ETF's through whatever stock market exchange be available as an option to her? Yes. This is one of the the usual ways that NRAs invest through Vanguard. She can find Vanguard's US domiciled ETFs on the NYSE, and their Ireland domiciled ones on the LSE and a couple of other EU excha...
by TedSwippet
Fri Aug 11, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

I think the ethical thing to do is own the asset in a non US based fund. I don't disagree. Not just that; it's also the safe and sensible thing to do. Unfortunately, the current situation resembles a trap for the unwary. In a more ethical world the US would not levy extortionate rates of estate tax...
by TedSwippet
Thu Aug 10, 2017 3:06 am
Forum: Investing - Help with Personal Investments
Topic: Israel ETFs
Replies: 17
Views: 1250

Re: Israel ETFs

I have a bunch of questions though to get started. do you know how this is traded? Does it need to be done in sheckels? If you are a US citizen or other 'US taxable person' and are thinking about buying a non-US domiciled ETF or REIT (which looks to be the case here) then you will want to be very f...
by TedSwippet
Wed Aug 09, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

If I understand your post, you live here and benefit from living here but want to evade estate taxes even though you know it is illegal? I hope my understanding is incorrect. The OP lives in the US at the moment , but will not be living in the US for the period about which they are asking (and is n...
by TedSwippet
Wed Aug 09, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

If I understand your post, you live here and benefit from living here but want to evade estate taxes even though you know it is illegal? I hope my understanding is incorrect. It is indeed incorrect. Re-read the first post, and note the "... for non-resident aliens " qualifier in the very first sent...
by TedSwippet
Wed Aug 09, 2017 3:08 am
Forum: Personal Finance (Not Investing)
Topic: Why Worry About US Estate Tax for Non-Resident Aliens
Replies: 24
Views: 1585

Re: Why Worry About US Estate Tax for Non-Resident Aliens

Is the US going to clamp down? How could they? Register all deaths world-wide? When they get around to it, they will do it by coercing brokers into enforcing it for them. Like FATCA with banks, under penalty of massive tax 'withholding' (aka sanctions) for non-compliance. There is already a Qualifi...
by TedSwippet
Wed Aug 09, 2017 2:47 am
Forum: Investing - Help with Personal Investments
Topic: Invest in 529 if leaving US in 5 years
Replies: 5
Views: 493

Re: Invest in 529 if leaving US in 5 years

Same question for ROTH IRA contributions. Roth IRAs are fully protected under the US/UK tax treaty, so if Roth contributions or conversions make sense now there is no reason to avoid them. Once back in the UK then from the UK tax perspective a Roth can be considered as broadly equivalent to an ISA....
by TedSwippet
Wed Aug 09, 2017 2:32 am
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1724

Re: Invest in the US - planning to leave after 2-3 years

I checked again to make sure and the countries I care about are still the original way of the country of residence taxing pensions and SS. The IRS's tax withholding tables are a convenient one-page view of tax rates for treaty countries, and might save you some headache-inducing treaty text reading...
by TedSwippet
Tue Aug 08, 2017 4:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard US investors subsidizing EU/UK ones
Replies: 1
Views: 440

Re: Vanguard US investors subsidizing EU/UK ones

I've seen the cost estimated between $5M and $100M depending on the source. ... It wouldn't seem to be in my interest to do this. Why wouldn't the European investors have to bear the costs of their own funds? I suppose one could turn that question around and ask why European investors should have t...
by TedSwippet
Sun Aug 06, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help: portfolio of 23-years old UK investor
Replies: 8
Views: 461

Re: Help: portfolio of 23-years old UK investor

I want to invest ~£2000 every month from now until April 2018 to meet my ISA allowance and achieve a pound-cost averaging. I would then keep topping up smaller amounts each month. Would you say this method is better than investing £20,000 straight away? I don't think it will make much difference ei...
by TedSwippet
Sun Aug 06, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help: portfolio of 23-years old UK investor
Replies: 8
Views: 461

Re: Help: portfolio of 23-years old UK investor

Welcome. Does the above portfolio look sensible? It looks entirely sensible to me (although for full disclosure I should say that I don't believe in trying to micro-manage asset allocation, preferring sufficient over optimal -- others may have different opinions!). You mention the magic number of £2...
by TedSwippet
Sat Aug 05, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: New investor needing advice UK-US
Replies: 22
Views: 1347

Re: New investor needing advice UK-US

Interactive Brokers has been mentioned on this forum and I will look at investing our UK money in a US domiciled HMRC reporting ETF fund to avoid PFIC tax.  Unless there is a better option?  Am I correct in thinking I can only invest in ETFs and not mutual funds? Seems a sound plan to me. Interacti...
by TedSwippet
Fri Aug 04, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: newbie ISA questions, UK
Replies: 3
Views: 217

Re: newbie ISA questions, UK

Am I right in thinking that if I used a stocks and shares ISA as a wrapper for my portfolio that as long as I stayed within the £20,000 yearly limit of investing (ie. I can chuck up to 20k a year into this before it gets taxed) then I am sheltered from tax? Yes. Specifically, the £20k you put in wi...
by TedSwippet
Fri Aug 04, 2017 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Tax implications, US/UK 403b
Replies: 2
Views: 174

Re: Tax implications, US/UK 403b

Possible? I believe Yes. This thread has the details of how I'm trying to manage something similar. Take care over the minimum holding period or age restrictions before withdrawing from the Roth IRA; there are some fiddly rules around this. As long as the UK continues to fully recognise the Roth yo...
by TedSwippet
Wed Aug 02, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues
Replies: 10
Views: 650

Re: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues

With my regular savings, I quite like the look of the Three Fund portfolio to start off, however, I'm unsure if this is OK for the UK investor?... 48% - Total Stock Market Index (USA?) ... Probably not, as Valuethinker already notes. Certainly not something I'd choose. This appears to be designed f...
by TedSwippet
Tue Aug 01, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]
Replies: 13
Views: 929

Re: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]

I believe all Vanguard ETFs are income units ie pay out the dividend of underlying assets. VVAL is less than 12 months old, therefore has no dividend record yet. I think you might be mistaken. From VVAL's 'Overview' tab , referenced upthread: Inception date 09 Dec 2015 More than 18 months old, then...
by TedSwippet
Mon Jul 31, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: US Resident : Taxed on UK Equities?
Replies: 7
Views: 589

Re: US Resident : Taxed on UK Equities?

Given the taxation on currency gains and the additional state tax, should I invest in US based USD funds that invest in the FTSE or UK equities in the UK/GBP directly? Hard to say, since a number of factors come into play here. Suppose you bought UK shares directly, and then held them until after y...
by TedSwippet
Mon Jul 31, 2017 6:54 am
Forum: Investing - Help with Personal Investments
Topic: US Resident : Taxed on UK Equities?
Replies: 7
Views: 589

Re: US Resident : Taxed on UK Equities?

Income on the UK property is first taxed in the UK and then a credit is given for tax paid on that income against any tax which would otherwise be due on the same income in the US. ... Generally it will be the other way around. Provided the OP is genuinely non-resident in the UK, and stays that way...
by TedSwippet
Sun Jul 30, 2017 2:49 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]
Replies: 13
Views: 929

Re: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]

LadyGeek wrote:^^^ Would you be referring to this section in the wiki? EU investing (Accumulating/capitalizing vs. distributing ETF share classes)

Yes.

I have added the UK to the countries listed in Note 1 as taxing unsheltered accumumulated dividends.
by TedSwippet
Sat Jul 29, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]
Replies: 13
Views: 929

Re: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]

Accumulation units? They don't pay dividends. ...but the unpaid dividends can nevertheless be taxable. For UK investors who hold accumulation units of OEICs -- or in this case an accumulating ETF -- outside of SIPP and ISA tax wrappers, a 'notional' dividend is taxable annually even if not distribu...
by TedSwippet
Thu Jul 27, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues
Replies: 10
Views: 650

Re: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues

My issue is, it seems a lot has changed since the book was published in 2013 and the whole bond-issue is rather confusing. As is not having a clear way of distinguishing between the index trackers available. I have the 2006 edition of this book, so mine is even more out of date than your own. You a...
by TedSwippet
Wed Jul 26, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: US Domiciled GBP Funds
Replies: 4
Views: 391

Re: US Domiciled GBP Funds

I am a UK passport holder, resident in the US on a Green Card. I need to invest GBP in US domiciled funds or ETFs in order to retain GBP currency holdings while avoiding PFIC. Please advise on specific funds that meet this criteria. Where are your GBP currently held? If in a UK broker or platform t...
by TedSwippet
Tue Jul 25, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in the US - planning to leave after 2-3 years
Replies: 18
Views: 1724

Re: Invest in the US - planning to leave after 2-3 years

Main issue that I can see is French taxation when you return to France. They may not recognize US retirement accounts. You could get into real taxation nightmares. For this reason, you may not wish to make investments via an IRA. Indeed. And the answer to this lies in the US/France tax treaty . I h...
by TedSwippet
Tue Jul 25, 2017 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Why non-US investors prefer iShares when other Irish ETFs have lower TER? [non-US/Europe]
Replies: 22
Views: 1272

Re: Why non-US investors prefer iShares when other Irish ETFs have lower TER? [non-US/Europe]

An ETF that trades in low volumes is to be avoided (and usually closes soon). Not only there is a higher ask/bid spread, if not outright liquidity issues, but NAV tracking becomes problematic. Do you have a cite or reference to a paper expanding on this? The general consensus is that an ETF's liqui...
by TedSwippet
Tue Jul 25, 2017 4:11 am
Forum: Investing - Help with Personal Investments
Topic: Resident Alien now expatriated need help sorting out my US accounts
Replies: 12
Views: 1025

Re: Resident Alien now expatriated need help sorting out my US accounts

Almost all of what you wrote looks right to me. Just a couple of things to note, below. However, she will not be able to give that money back to me at a rate of >$14k/year ... It is not quite that simple. Nothing ever is with the IRS. Gifts from a US citizen to a non-US citizen non-spouse are limite...
by TedSwippet
Mon Jul 24, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Why non-US investors prefer iShares when other Irish ETFs have lower TER? [non-US/Europe]
Replies: 22
Views: 1272

Re: Why non-US investors prefer iShares when other Irish ETFs have lower TER? [non-US/Europe]

The length of time the ETF has been available will be a major factor in the difference in AUM. Once an investor holds an ETF with a built in gain, moving to a slightly cheaper one that comes along later on could easily cost far more in capital gains tax than it would save in the slightly lower charg...
by TedSwippet
Mon Jul 24, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Resident Alien now expatriated need help sorting out my US accounts
Replies: 12
Views: 1025

Re: Resident Alien now expatriated need help sorting out my US accounts

Don't keep more than 60K in cash in brokerage account as NRA ... Generally good advice. In this case, though, Netherlands has an estate tax treaty with the US that probably (haven't checked fully) protects up to around $5mm of 'US situs' assets for people domiciled in the Netherlands. Money in the ...
by TedSwippet
Mon Jul 24, 2017 3:09 am
Forum: Investing - Help with Personal Investments
Topic: Resident Alien now expatriated need help sorting out my US accounts
Replies: 12
Views: 1025

Re: Resident Alien now expatriated need help sorting out my US accounts

Since income tax rates are higher in the Netherlands than in the U.S., you might want to run the numbers to see whether you would be better off electing to be treated as a U.S. person for income tax purposes. You could then file a joint return in the U.S., and take a credit for your Netherlands tax...
by TedSwippet
Sun Jul 23, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Resident Alien now expatriated need help sorting out my US accounts
Replies: 12
Views: 1025

Re: Resident Alien now expatriated need help sorting out my US accounts

You probably don't need a brokerage account at Vanguard. As an NRA, Vanguard let me keep my IRA, 401k, and non-wrapped accounts but won't let me add a brokerage option. So a plain non-wrapped 'personal' account in which you can hold mutual funds would probably suffice. What Vanguard lets NRAs have a...
by TedSwippet
Sun Jul 23, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 43
Views: 5555

Re: non-resident alien(UK), convert IRA to Roth, tax ?

I was under the impression that a flat 30% was automatically withheld by the custodian for any potentially taxable transaction by a NRA ? I can't link to the publication as I'm on mobile. Perhaps it's different due to the UK tax treaty? The rules for withholding agents for payments to NRAs live in ...
by TedSwippet
Sun Jul 23, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: Resident Alien now expatriated need help sorting out my US accounts
Replies: 12
Views: 1025

Re: Resident Alien now expatriated need help sorting out my US accounts

Welcome aboard. I would say that you have done your homework well. I know little/nothing about NL taxes, but from the US standpoint you seem to have most things covered. A few additional thoughts below, but nothing I can see that warrants a great deal of angst. Have you checked that you cannot move ...
by TedSwippet
Sun Jul 23, 2017 3:51 am
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 43
Views: 5555

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Welcome. Can I use the single personal exemption of ~$4000/year (apparently allowed for an NRA) to gradually convert my traditional IRA holdings into my newly-opened Roth IRA, and thereby completely avoid taxation? I believe yes, based on the logic outlined above. See this other thread for my longer...
by TedSwippet
Sat Jul 22, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: UK expat looking for a simple three ETF option
Replies: 3
Views: 243

Re: UK expat looking for a simple three ETF option

Most of the recommendations proposed in your thread of last year are still valid. This. Nothing much has changed in the past nine months. The US has not repealed its unpalatable and punishing estate tax laws for NRAs or its standard 30% non-treaty dividend rate on payments to NRAs, and shows no sig...
by TedSwippet
Thu Jul 20, 2017 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Does this portfolio suck? [Slovakia - EU]
Replies: 12
Views: 1034

Re: Does this portfolio suck? [Slovakia - EU]

Is it possible for an NRA to invest in US mutual funds? As a general rule, the answer here would I think be No. To hold one you'd normally need an account at a US broker or platform, and opening one as an NRA is pretty much impossible these days (and also potentially pretty unwise, given the potent...
by TedSwippet
Thu Jul 20, 2017 2:51 am
Forum: Investing - Help with Personal Investments
Topic: Does this portfolio suck? [Slovakia - EU]
Replies: 12
Views: 1034

Re: Does this portfolio suck?

Maybe consider using VT if available. It is Vanguard's Total World index, which holds 56% U.S and 44% non-U.S. VWRL is usually a better choice than VT for non-US investors. VWRL is not US domiciled. For NRAs this generally sidesteps some potentially ugly and unwanted US dividend and estate tax cons...