Q: Is it advisable to buy an ETF so late in the year
I remember?? reading an article regarding taxation on distributions, namely that you are taxed on the total years distributions, even though you have not received the entire years distribution if u purchase late in the year
Appreciate any clarification you can offer on this
Or should I wait till January 2025 to purchase?
Thank you again
I remember?? reading an article regarding taxation on distributions, namely that you are taxed on the total years distributions, even though you have not received the entire years distribution if u purchase late in the year
Appreciate any clarification you can offer on this
Or should I wait till January 2025 to purchase?
Thank you again
5i Research Answer:
There are two issues here. One is cash distributions. Many funds pay out an extra payment at...