Discussion
I need to place some money, I'm a US tax person so I really don't want income. (The US tax system treats Long gains differently to income)
I'm looking for an Index fund....but which index.?
With the Dollar currently stronger than it should be
I'm considering a foreign index fund.
Everything is tits up at present so it's not the greatest time to rec money, but it is what it is.
Where would you put fresh money?
Currently retired, circa 50% US equities, 20%Europe. The rest scattered.
I'm looking for an Index fund....but which index.?
With the Dollar currently stronger than it should be
I'm considering a foreign index fund.Everything is tits up at present so it's not the greatest time to rec money, but it is what it is.
Where would you put fresh money?
Currently retired, circa 50% US equities, 20%Europe. The rest scattered.
If we try to open any sort of account in UK / Europe, the first question we tend to get asked is, are you an American citizen? I guess if the answer is YES, then they will not advise, or open an account for you. Presumably a money laundering requirement, UK banks wont talk to you now if you are simply non-resident in the UK.
Conversely, I thought that the best place to be an investor is the USA. You seem to have so many options for funds to choose from. Big, secure institutions rather than bit-players offering big returns.
Vanguard in the UK now offer limited advice, presumably they do in the US and could take account of your wishes. I guess many other funds will do that also.
Conversely, I thought that the best place to be an investor is the USA. You seem to have so many options for funds to choose from. Big, secure institutions rather than bit-players offering big returns.
Vanguard in the UK now offer limited advice, presumably they do in the US and could take account of your wishes. I guess many other funds will do that also.
rdjohn said:
If we try to open any sort of account in UK / Europe, the first question we tend to get asked is, are you an American citizen? I guess if the answer is YES, then they will not advise, or open an account for you. Presumably a money laundering requirement, UK banks wont talk to you now if you are simply non-resident in the UK.
Conversely, I thought that the best place to be an investor is the USA. You seem to have so many options for funds to choose from. Big, secure institutions rather than bit-players offering big returns.
Vanguard in the UK now offer limited advice, presumably they do in the US and could take account of your wishes. I guess many other funds will do that also.
The reason for asking are you a US person for incom tax is because of the treatment of internal fund cap gains, as they have to be distributed and taxed, but we get a cost basis adjustment.if reinvested.Conversely, I thought that the best place to be an investor is the USA. You seem to have so many options for funds to choose from. Big, secure institutions rather than bit-players offering big returns.
Vanguard in the UK now offer limited advice, presumably they do in the US and could take account of your wishes. I guess many other funds will do that also.
My question was more of "What's the flavour of the Month" or where do people with money currently put theirs.
I'll probably play it safe and just toss it in my core fund (TRAIX) a 60/40 equity/bond mix, but was also considering a bit extra in Korea or Japan index ETF
Yes, we are spoilt for choice. Doesn't make it any easier tho.
If I had an opportunity I'd be shorting the Biden mental health index
Edited by jeff m on Wednesday 25th October 20:15
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