Author Topic: VTI & Norbert's Gambit (Canada)  (Read 689 times)

Heckler

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VTI & Norbert's Gambit (Canada)
« on: November 14, 2016, 08:01:25 PM »
Traded my VUN for VTI today, reducing my withholding taxes(0.0154 up to 0.0195 distribution yield) and MER (0.16 down to 0.05), using DLR and DLR.U to buy my USD.

I figure I'll make an additional $28,000 over the next 30 years due to this decision. 


This file from Horizon's helped push me over the hump.
http://www.horizonsetfs.com/horizons/media/pdfs/Educational/LowCostCurrencyConversion.pdf




henri

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Re: VTI & Norbert's Gambit (Canada)
« Reply #1 on: November 16, 2016, 01:29:45 PM »
The withholding tax will be eliminated only if you hold VTI inside your RRSP.