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Stock impact report

3 Canadian ETFs I'd Hold in a TFSA and Never Sell [Yahoo! Finance Canada]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Account is that “tax free” does not always mean completely tax free. If you hold U.S. stocks or ETFs inside a TFSA, dividends are still subject to a 15% foreign withholding tax from the United States. That tax is taken off the dividend before the payment even reaches your account, and unfortunately there is no way to recover it in a TFSA. That is one reason many investors choose to keep a portion of their portfolio in Canadian investments when using this account. Another factor is home country bias. While Canada represents only a small portion of the global stock market, many portfolio managers still recommend keeping somewhere in the range of 10% to 30% allocated to domestic equities. Major firms like Vanguard and iShares incorporate this approach in many of their model portfolios because it reduces currency risk and can provide more tax-efficient income. If you want a simple Canadian core inside a TFSA, here are three exchange-traded funds (ETFs) from BMO Global Asset Manage Show less Read more
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