$Schwab US Dividend Equity ETF (SCHD.US)$ Just wondering, si...
$Schwab US Dividend Equity ETF (SCHD.US)$ Just wondering, since there is the 30% withholding tax and all for US domiciled stocks, is it actually worth it to go into US dividend stocks instead of staying in the Bursa dividend stocks for zero tax (blue chips and reits)? Also, for US dividends, are the number you see what you will get, or are they going to be taxed further before being credited into your account? Thanks in advance
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103468558 : If you got better choice in bursa, just buy bursa dividen stock, for me it's not worth it for the 30% withholding tax. I do have stock such as coca cola, jepq, schd, but I invest in them is for diversify. And the numbers you see will be tax 30% before credit into your account, example coca cola pay usd0.485 per share ,it will deduct 30% which is usd 0.1455 balance usd 0.33 will be credit into your account
Tazzin OP 103468558 : Thanks for your input, quite harsh to see that nice 0.485 turn into something like 0.33, perhaps staying in Bursa for dividend plays will be a wiser choice instead
103468558 Tazzin OP : Ya, for me I comfort myself by telling the 30% tax is salary for the employees
Tazzin OP 103468558 : That is a nice way to see it
I'm still doing some research and out of the ones I've seen, JEPQ has caught my attention. Have to look into it more
EJAY28 : I would suggest you to diversify your portfolio to lower your risk. Yes its true that we're paying 30% withholding tax for dividends but just remember USD currency will eventually go up after the US presidential election.
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We can benefit from the increasing stock price and currency appreciation. By the way, this is not a financial advice yaa
Tazzin OP EJAY28 : Duly noted! Would it be better then to just find an ETF with accumulating dividends to completely avoid that 30% tax, or is it worth it still to get the divs? I do want to diversify a bit
Ultratech : no it's not worth it.
bangmoomo Ultratech : at least give some explaination. without it u seems........
Ultratech bangmoomo : its already been explained. for US customers moomoo taxes 30% on dividends. schd is popular because it's a dividend king. I've been adding schv schx schg schh August would've been better but at lower price it's good to accumulate them
104630476 : what are Bursa dividend stocks? can someone explain to me? somewhat new to investment stuff
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