Quote:
Originally Posted by Slava
Oh yeah, 15% is no joke. But you know how it is. In Canada we have some financials, energy and materials and that's pretty much it. You basically need to invest in the US (and have been giving away returns if you haven't for the past 6-7 years), so you take that haircut on the dividend and get that exposure.
And if you can locate these holdings in the RRSP, there's no withholding tax, so obviously it becomes even more attractive.
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Well, I think people should invest globally, not just Canada and the US. But that's another discussion.
