I was looking at the AAA etf, and it shows a difference between the distribution unit price and the DRP unit price. Is this true, and why would that be?
depending on your timeframe you can minimise your tax burden by investing through your super by maxing out your concessional and non concessional contributions
Non concessional is still taxed when you earned the money and also gets taxed on the money it makes inside the fund. Not much different to investing outside of super. It’s making sure you max out your concessional contributions that gives the best tax advantages.
@@T4G95 I guess it depends on yout circumstances as to whether you pay less or mwore than 15% on money earnt and saved. After that it depends on whether you would more or less than 15% on anything that money earns in interest or dividends.
Very insightful podcast as always. I just checked the VEU ETF listed on the ASX and the Vanguard website says it is domiciled in USA. Does that mean an investor in Australia, one has to fill in the forms you mentioned in the podcast for tax purposes? Is this necessary when you are not planning to sell the holdings?
Can you please do a episode on franking credits
I was looking at the AAA etf, and it shows a difference between the distribution unit price and the DRP unit price. Is this true, and why would that be?
depending on your timeframe you can minimise your tax burden by investing through your super by maxing out your concessional and non concessional contributions
Non concessional is still taxed when you earned the money and also gets taxed on the money it makes inside the fund. Not much different to investing outside of super. It’s making sure you max out your concessional contributions that gives the best tax advantages.
@@T4G95 I guess it depends on yout circumstances as to whether you pay less or mwore than 15% on money earnt and saved. After that it depends on whether you would more or less than 15% on anything that money earns in interest or dividends.
Curious, what happens if the company that runs the ETF goes under? Eg Batashares, Vanguard etc
Someone correct me if I'm wrong, but pretty sure they get booted out of the ETF :) I'm new to this also!
Very insightful podcast as always. I just checked the VEU ETF listed on the ASX and the Vanguard website says it is domiciled in USA. Does that mean an investor in Australia, one has to fill in the forms you mentioned in the podcast for tax purposes? Is this necessary when you are not planning to sell the holdings?
Yes, you still need to complete
Less hassle to buy products domiciled in Australia.