Congratulations! May I ask why you have several global ETFs in your portfolio instead of just one? ☺️
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@Gans_im_Anzug Thank you!
I’d be happy to answer that for you.
My wife and I each started out with the MSCI World and Emerging Markets ETFs.
Over time, we decided that an All-World ETF suited us better.
The small EM ETFs were around +-0 at the time, and we were able to sell them tax-free.
The MSCI World ETFs have been in the black ever since, and we didn’t want to pay unnecessary taxes—plus, there’s no reason not to keep them.
Then we each contributed six-figure amounts to our All-World ETFs and switched again—but both to the same All-World fund. We didn’t want the individual holdings to get too large.
For example, there’s a very odd exit tax on ETFs that’s based on the total amount contributed…
Roughly speaking.
It doesn’t bother me at all; thanks to Deepdive and Breakdown, I have a very clear view of the individual allocations.
I’d be happy to answer that for you.
My wife and I each started out with the MSCI World and Emerging Markets ETFs.
Over time, we decided that an All-World ETF suited us better.
The small EM ETFs were around +-0 at the time, and we were able to sell them tax-free.
The MSCI World ETFs have been in the black ever since, and we didn’t want to pay unnecessary taxes—plus, there’s no reason not to keep them.
Then we each contributed six-figure amounts to our All-World ETFs and switched again—but both to the same All-World fund. We didn’t want the individual holdings to get too large.
For example, there’s a very odd exit tax on ETFs that’s based on the total amount contributed…
Roughly speaking.
It doesn’t bother me at all; thanks to Deepdive and Breakdown, I have a very clear view of the individual allocations.
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•@Wealth-Accelerator I understand. Thanks for the detailed explanation!
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