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Global Dividend Stock Portfolio & Taxes

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  1. #11

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    Feb 2017
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    It's ok. The problem is that I don't have time to look at the tax conditions of each individual share. I have limited time beyond working and spending time with my family. So, what to do?


  2. #12

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    Feb 2017
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    201

    Thank you. Does it say in the companies websites how much the withhold tax will be? I guess not, since it depends on individual buyers' residence? Otherwise, is there a site where I can find out? Right now I have 27 shares, so I can easily check, but where? If I need to buy each share and wait for the dividend, it means waiting for several months.

    Since you are a dividend investor (like Morrison and myself), do you mind sharing some ideas of companies? No need to say why you bought them, I will check myself whether they suit me.

    I am not planning to retire in Europe, but depending on my retirement plan in 10-15 years time, I can always sell, so I can't plan ahead so much.

    By the way, as a dividend investor, what is a dividend you are happy with? 4%? 5%? 6%?


  3. #13

    Join Date
    Mar 2010
    Posts
    6,745

    As I said, check whether there is a tax treaty with HK and find out the rate.
    You can download the treaties as PDF and then run a keyword search.

    as to stock recommendations, I won't disclose my holdings as I want to buy more cheaply.
    Just check which offer low to almost zero withholding tax.

    % before or after tax ?
    It depends on many factors
    on the dividend growth history and my opportunity cost.
    And the amount of time and mental work I have to put into this other business opp.
    I.e. Capital gains from stock trades.
    Lastly, a realistic trading range, some stocks just trade within a range, offering you 4-6% after tax. Some just don't reach that but have more net assets than their market cap.

    So it''s more 5-6% for me, after tax. Because trading is serious work and I have better things to do with my life.

    Just read the thread jrkob mentioned, and many good books on top of that


  4. #14

    Join Date
    Feb 2017
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    201

    Thanks. You can also PM me your top pics. Haha.

    6% after tax is very high. I have an average of 4.8% before tax.

    Last edited by Jeff_; 03-02-2017 at 03:25 PM.

  5. #15

    Join Date
    Mar 2010
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    6,745

    pics is the plural of pic(ture)

    It took me a while to figure out what you want...


  6. #16

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    Quote Originally Posted by Morrison:
    pics is the plural of pic(ture)

    It took me a while to figure out what you want...
    But I still have no PM...

  7. #17

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    and don't forget the currency risks involved with your 27 stocks.

    jrkob likes this.

  8. #18

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    Feb 2017
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    201

    Thank you very much! I really appreciate both your efforts in helping me out here.

    Many wise words there. I will have to put effort into finding out the tax rates for the different shares I have.

    I don't understand the secrecy about your favourite shares. My favourite shares, if anybody is interested (dividends are at current prices, so not the same I bought them):

    VTX:ZURN (div. 6.45%)
    NYSE:OHI (7.61%)
    LON:VOD (5.95%)
    LON:MXF (6.77%)
    LON:PHNX (7.03%)
    LON:SSE (6.01%)
    ASX:WBC (5.96%)
    ASX:NSR (6.25%)

    Others have lower yield, but regular growth (e.g. NYSE:O and VTX:NESN).

    Thanks again.

    shri likes this.

  9. #19

    Join Date
    Feb 2017
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    201
    Quote Originally Posted by Morrison:
    and don't forget the currency risks involved with your 27 stocks.
    Yes, this is why I want to buy stocks in different currencies. I think I have too much US$ right now (about 1/4, another 1/4 in CHF). I have little faith in the US economy, and I think the GBP and especially the Euro are undervalued right now, so I am looking for more high dividend shares in Euro. Any tips?

  10. #20

    Join Date
    Feb 2017
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    201

    OK, but of course I wouldn't buy shares blindly. Anyway, I will do some digging!


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