BQ Big Decisions: How To Invest Overseas Without The Tax Headaches
What’s the ideal percentage of your portfolio you should allocate towards international equities? And how are they taxed?
BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
In the chaotic year that 2020 has been, financial planners agree that a well-diversified portfolio would have helped investors.
There is a school of thought that calls for some allocation towards equity investments in markets overseas — most often in the U.S. The idea behind this is that the drivers of growth on Wall Street differ from those on Dalal Street.
There are various ways to buy assets overseas. But quite a few of them involve unwieldy tax calculations, according to Mrin Agarwal, financial educator and founder of Finsafe.
On this BQ Big Decisions podcast, BloombergQuint spoke with Agarwal about these options and the one that she recommends as the most efficient.
Listen in to find out...