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S.A.U.
@SAUgut77
1Wk
Why ADR 🤷♂️🫣
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Jakub
@Kubo
1Wk
@SAUgut77
I have opened first position today as well, what are your arguments for future growth guys? Im in it for diversification and dividends
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Dividendenopi
@Dividendenopi
1Wk
@SAUgut77
perhaps Spain only has 🤷♂️
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S.A.U.
@SAUgut77
1Wk
@Kubo
So with regard to the growth of the share, I would advise you to only ever buy this share anti-cyclically. And with regard to withholding tax, as a European you should always buy the withholding tax-free share
$RIO
.
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S.A.U.
@SAUgut77
1Wk
@Dividendenopi
I think less so 😉
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Jakub
@Kubo
1Wk
@SAUgut77
so buy in weak economy and expect growth in booming economy, right?
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S.A.U.
@SAUgut77
1Wk
@Kubo
Rio is a cyclical stock and if you want some growth in addition to dividends, you buy this stock anti-cyclically.
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Jakub
@Kubo
1Wk
@SAUgut77
for example at current price, my strategy is to take profit from my growth assets and put it in
$RIO
when I think markets are in Euphoria.
I see you are going after dividends, I always went for growth, but I want Europe and dividend exposure
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Obs89
@Obs89
1Wk
@SAUgut77
I prefer $ and save myself queen tax
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S.A.U.
@SAUgut77
1Wk
@Obs89
So the English share does not include withholding tax, why do you want to pay withholding tax? 🤷♂️
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Obs89
@Obs89
1Wk
@SAUgut77
I just want to have dollars and euros, not pounds
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