Anonymous wrote:
Anonymous wrote:We have 20% vxus. But we keep in 401k and Roth. I read somewhere that vxus is not good in taxable account because you can not claim foreign tax at tax time. I don't know if this is true or not. I am not selling my vxus.
You have it reversed. You can claim foreign tax credit in taxable brokerage only. Not in tax-advantaged.
Sorry a stupid question - what is “foreign tax credit “?
Responding to OP, I didn’t sell VXUS. I think there is a good potential for a come back as they have no choice but wrap up the war asap because of the midterm year
I bought a little bit EWY yesterday . It was a historical drop not seen since 2008 it’s a day to go shopping
I do think we might have some midterm volatility in US stocks that may catch the infection . So I only hold high quality dividend ETFs for US and avoid QQQ etc.
But 70% of my holdings is in treasuries. I’ll be just adding when each red day happens over the next few months