Quote:
Originally Posted by DoubleK
I've been looking at the ICLN etf and am going to start a position.
What's the best way to buy and hold a us listed ETF? I'm some what familiar with the Gambit to limit exchange fees, but can't quite figure out if it's better to hold in a TFSA or RRSP. If I understand correctly, you pay witholding tax in TFSA but not RRSP. Is that correct?
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I believe that is correct, and only applies to the dividend income, and also applies to any US listed Stock (not just ETF's).
I know for my TFSA, I target growth stocks with little to no dividend. And any higher dividend US Stock goes in the RRSP.