No. of Recommendations: 1
Is it just dumb to hold any foreign divi payer in my tax sheltered accounts?

Depends. I hold foreign dividend payers in tax deferred accounts. I own them for two reasons, pay good dividends and expect some capital appreciation.

So if you're holding a stock that pays 5% but you wind up losing 10% to foreign taxes, you now get 4.5%. So the question becomes, is there a better investment out there that pays 4.5% and you don't lose taxes?

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