VFV Review Vanguard S&P 500 Index ETF, in this video I breakdown the ETF called Vanguard S&P 500 Index Funud with the ticker symbol VFV. This is an index fund so it should mirror the market very closely.
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It’s canadian and according to wealthsimple it is tax free! On the dividend because its in CAD. Its a CAD etf.
yes, I was talking about the usa companies if the dividends would be taxed before Vanguard receives them to distribute (VFV’s dividend is technically tax free unless you have it in a margin or cash account)
@The Dividend Investor according to what they told me no taxes if u buy it under the tsx CAD but if u buy the usa directly ones yes 15% withholding taxes. So the CAD is the best
@mm 12 the taxes are paid by vanguard
How do invest a certain amount of money monthly into an sp500 index, if it has a set price already ?
You would use a brokerage account
Sweet
Its considered as a canadian dividend. The US witholding tax of 15% for canadians is already deducted.
thats what I would assume
Would you recommend VFV over VSP?
both are good
I’m all in
awesome video, thank you for sharing!
thank you