The Money Mustache Community

General Discussion => Share Your Badassity => Topic started by: Heckler on November 14, 2016, 08:01:25 PM

Title: VTI & Norbert's Gambit (Canada)
Post by: Heckler 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

Title: Re: VTI & Norbert's Gambit (Canada)
Post by: henri on November 16, 2016, 01:29:45 PM

The withholding tax will be eliminated only if you hold VTI inside your RRSP.