In January 2018, a new European Union regulation rattled plenty of Canadian expats living in Europe.
Many had built diversified portfolios of low-cost ETFs.
They had taken such advice from multiple Nobel Prize winners in economics.
Warren Buffett is among the strategy’s supporters.
In fact, that’s how his personal estate (on behalf of his heirs) will be invested when he dies. He’s putting his money in a portfolio of low-cost index funds.
But EU regulators now say European residents can’t buy ETFs from the Toronto or the New York Stock Exchanges.
That doesn’t mean they can’t follow Buffett’s advice.
I’ll explain how they can.
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