Many people are still paying commissions to purchase investment products. High commissions entice many investment advisors to jump into bed with the fund company offering the hottest (commission) action. Is that cool? Nope....
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- Adnan Sami Feb 06, 10:15 PM
I have a query about the "Initial Charge" which applies on the "Initial Units". I have Friends Provident “Premier” policy. I started with USD 500...
- Andrew Hallam Feb 06, 3:34 PM
Hi Alejo, You would not have to pay capital gains taxes if you live in a jurisdiction that would allow that. Tax-wise, the treatment is...
- Alejo Feb 06, 2:03 PM
Thanks Andrew.. I m not american citizen, do you know if I have to pay local country taxes when operating when using these companies? is...
- Andrew Hallam Feb 06, 1:37 PM
Hi Alejo, Total fees with such firms (including MER fund costs) would total about 3.5% per year. That's far more than anyone should pay. What's...
- Alejo Feb 06, 12:54 PM
Hi, I m looking to open an off shore brokerage account in Channel Islands, I want to invest on financial assets (not insurances, not pension...
- Ben Feb 04, 4:02 AM
Hi Again, Andrew; Man oh man, I get half-way through the registration process with Interactive Brokers and it turns out they won't let you register...
- Chad Feb 03, 7:56 PM
Hello Andrew, One of your readers said this in the comment section: "There is nothing in the tax code that prevents those working abroad from...
- Steve Feb 03, 6:44 AM
Thank you Andrew
- Andrew Hallam Feb 03, 2:25 AM
Yes Steve, you would pay similarly off the UK market, plus stamp duty tax. Paying just 15% on dividends is a steal of a global...
- Steve Feb 02, 10:43 PM
We haven't decided where we end up yet but if I will pay 15% tax on my Canadian dividend earnings will the UK tax...
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Welcome! I’m Andrew Hallam
Many people aren't comfortable talking about money. It's not usually a conversational dinner-time topic, and its principles are rarely taught in schools. My goal is to have a "conversation" about it here, on this blog. If you read something you find intriguing, please comment or ask your questions! I am also the author of the books: Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School & The Global Expatriate's Guide to Investing. If you'd like to find out more about my investing philosophy, read my "Nine Laws to Financial Freedom." Sign up for it and a bonus Investing Strategy below. Free!