Great article! I think ~this~ is the "owner's manual" for Compounding Dividends. 👈
Investing in non-US listed companies for me is difficult not because of the FX but because of the fees. In my case, I use Fidelity and they charge gnarly fees. For example, I wanted to start a position in KPG only to discover a $30 foreign exchange settlin…
Great article! I think ~this~ is the "owner's manual" for Compounding Dividends. 👈
Investing in non-US listed companies for me is difficult not because of the FX but because of the fees. In my case, I use Fidelity and they charge gnarly fees. For example, I wanted to start a position in KPG only to discover a $30 foreign exchange settling fee. 😬 Eeeek! In the few cases where I dabbled with US listed, non-US companies the taxes were easily handled by TurboTax. Where I did get whacked on the head with taxes was Limited Partnership companies. This was very early on in my journey when I was a naive yield chaser. Handling that K-1, which is simple for some, was complicated for me. 🤯
The MLP companies do have some tax benefits, but you pay for them a bit with the K-1 forms 😀
Glad you pointed out the fees some brokers charge for foreign investments. It’s something partners will have to keep in mind as we build our portfolio.
Great article! I think ~this~ is the "owner's manual" for Compounding Dividends. 👈
Investing in non-US listed companies for me is difficult not because of the FX but because of the fees. In my case, I use Fidelity and they charge gnarly fees. For example, I wanted to start a position in KPG only to discover a $30 foreign exchange settling fee. 😬 Eeeek! In the few cases where I dabbled with US listed, non-US companies the taxes were easily handled by TurboTax. Where I did get whacked on the head with taxes was Limited Partnership companies. This was very early on in my journey when I was a naive yield chaser. Handling that K-1, which is simple for some, was complicated for me. 🤯
The MLP companies do have some tax benefits, but you pay for them a bit with the K-1 forms 😀
Glad you pointed out the fees some brokers charge for foreign investments. It’s something partners will have to keep in mind as we build our portfolio.