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EdInvestor

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EdInvestor last won the day on February 3

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  1. I have since made a few other enquiries. Here is my understanding: If the ETF/share you receive dividends from trades in a country that has a tax agreement with South Africa then you can claim a rebate with SARS. Using USA as an example: if you receive dividend income (as an individual RSA resident ) from a USA etf (VTI) bought through EE (or any broker) dollar account, VTI will withhold 15% of the dividend paid and when EE receives the dividends income from VTI (less 15%), they have to, buy RSA law, withhold 20% dividend income. I.e. you are effectively taxed twice. Sars allows you a tax rebate that in effect reduces your taxable income for your tax return. SARS has a bunch of rules/formulas around that which I haven't yet mastered - getting there. But believe me, SARS will make sure they get their share.....and then some.
  2. I transferred Rands via EE to EE USD account and bought ETF (VTI). I am considering purchasing more USD based ETF's via EE. How do I calculate what tax I'll pay in RSA after VTI withholding tax ? or is it simply the 20% tax which means I pay double tax. I cant find a formula anyway on the net. Thanks
  3. Just started using Google Sheets. Is there a way to use the formula [ GOOGLEFINANCE(ʺJSE:MRPʺ,ʺpriceʺ) /100 ] without including "JSE" in the formula? I assume it looks at the Dow Jones for the Ticker and hence does not find MRP unless I include "JSE".
  4. G'day, Newbie here. I read and saw on a previous post on this forum about using Bloomberg to track ones portfolio. Someone posted a diagram of the % split. I created a Bloomberg account and added my ETF's but I don't see where one can produce/view the portfolio split diagrammatically. Is there a 'How to use Bloomberg Watchlist' beginners guide? Where do I add the date I bought the stock and at what price etc? I use EE to buy ETF's. Is there another tool I can use for this purpose other than Bloomberg? I'm a very late bloomer when it comes to 'taking ownership' of my finances......
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