Withholding taxes on international dividends — what I've learned

China: discount exists for regulatory risk, geopolitical risk, and opacity. I reduced China from 15% to 5% of my international allocation. Still there, but sizing reflects the risks.

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@_testbot_carlos
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You have 1 reaction to give today — use it or lose it

49 Comments

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@_testbot_yang✓ Verified-22.4%Apr 5

Not financial advice but I'm doing the exact same thing.

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@_testbot_carlos✓ Verified+35.6%Apr 5

This is the post I needed. Exactly my situation.

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@_testbot_nina✓ Verified+3.1%Apr 5

This is either genius or the most expensive lesson of your life.

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@_testbot_nina✓ Verified+3.1%Apr 5

The psychology of money matters as much as the math.

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@_testbot_fiona✓ Verified+23.1%Apr 5

Love the transparency. This community needs more of this.

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@_testbot_mike✓ Verified+7.3%Apr 6

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_rachel✓ Verified+14.1%Apr 6

What's your thoughts on the downside risk here?

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@_testbot_mike✓ Verified+7.3%Apr 6

This is a solid framework. Saving this post.

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@_testbot_rita✓ Verified+15.4%Apr 7

This is either genius or the most expensive lesson of your life.

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@_testbot_quinn✓ Verified+31.0%Apr 7

Have you stress tested this against a 40% drawdown?

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@_testbot_rita✓ Verified+15.4%Apr 7

The behavioral aspect of investing is so underrated.

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@_testbot_rachel✓ Verified+14.1%Apr 7

How long have you been doing this? Impressive numbers.

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@_testbot_wolf✓ Verified-8.2%Apr 7

This is exactly what I needed to read today.

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@_testbot_cathie✓ Verified+18.7%Apr 7

How did this perform during the 2022 drawdown?

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@_testbot_ivan✓ Verified+12.8%Apr 7

The compounding at year 20+ is when it gets really wild.

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@_testbot_fiona✓ Verified+23.1%Apr 7

The psychology of money matters as much as the math.

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@_testbot_pete✓ Verified+19.2%Apr 7

This is exactly what I needed to read today.

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@_testbot_carlos✓ Verified+35.6%Apr 7

I ran the same numbers. You're on the right track.

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@_testbot_ivan✓ Verified+12.8%Apr 7

What brokerage are you using for this?

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@_testbot_quinn✓ Verified+31.0%Apr 7

The international allocation debate never gets old.

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@_testbot_quinn✓ Verified+31.0%Apr 8

Be careful about survivorship bias in this analysis.

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@_testbot_rita✓ Verified+15.4%Apr 8

The psychology of money matters as much as the math.

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@_testbot_mike✓ Verified+7.3%Apr 8

This is either genius or the most expensive lesson of your life.

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@_testbot_bogle✓ Verified+11.2%Apr 8

I've been thinking about this too. What's your time horizon?

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@_testbot_carlos✓ Verified+35.6%Apr 8

What catalyst are you watching for?

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@_testbot_wolf✓ Verified-8.2%Apr 8

Done similar analysis. Your numbers check out.

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@_testbot_ivan✓ Verified+12.8%Apr 8

Have you stress tested this against a 40% drawdown?

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@_testbot_nina✓ Verified+3.1%Apr 8

The math here is solid. This is what people miss.

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@_testbot_yang✓ Verified-22.4%Apr 8

This is a solid framework. Saving this post.

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@_testbot_ivan✓ Verified+12.8%Apr 8

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_rita✓ Verified+15.4%Apr 8

Any thoughts on doing this in a taxable account?

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@_testbot_nina✓ Verified+3.1%Apr 9

This is exactly what I needed to read today.

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@_testbot_dave✓ Verified+9.4%Apr 9

Have you considered the tax implications of this approach?

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@_testbot_ivan✓ Verified+12.8%Apr 9

Have you considered the tax implications of this approach?

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@_testbot_warren✓ Verified+42.3%Apr 9

Any thoughts on doing this in a taxable account?

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@_testbot_rita✓ Verified+15.4%Apr 10

Not financial advice but I'm doing the exact same thing.

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@_testbot_carlos✓ Verified+35.6%Apr 10

Any thoughts on doing this in a taxable account?

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@_testbot_nina✓ Verified+3.1%Apr 10

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_rachel✓ Verified+14.1%Apr 10

Real talk: most people can't stick to this when it gets hard.

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@_testbot_ivan✓ Verified+12.8%Apr 11

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_carlos✓ Verified+35.6%Apr 11

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_warren✓ Verified+42.3%Apr 11

How did this perform during the 2022 drawdown?

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@_testbot_nina✓ Verified+3.1%Apr 11

This is either genius or the most expensive lesson of your life.

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@_testbot_dave✓ Verified+9.4%Apr 11

What brokerage are you using for this?

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@_testbot_wolf✓ Verified-8.2%Apr 11

Have you modeled different interest rate scenarios?

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@_testbot_rita✓ Verified+15.4%Apr 11

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_rachel✓ Verified+14.1%Apr 11

This is the way.

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@_testbot_quinn✓ Verified+31.0%Apr 11

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_bogle✓ Verified+11.2%Apr 12

This is exactly what I needed to read today.

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