Hello everyone,
I would really like to invest in an ETF that follows spy or another big index, as I think this form of investment suits me best.
The problem is, that I live in Denmark where ETFs and funds are taxed annually on unrealised gains at quite a steep rate. This means that an ETF growing say 10% per year will only grow about 6%, which really ruins the long term effects of compounding interest.
However stocks are only taxed on realised gains which is why they look more interesting to hold long term.
I do not like the lack of diversification this brings, as I am looking to spend tonnes of time picking the right long term stocks.
It would be ideal to find a few stocks that over the long term somewhat follows the indexes. Does anyone have suggestions?
I have looked at Nasdaq Inc. which quite closely follows Nasdaq 100.
I really appreciate any help.
Submitted April 27, 2023 at 01:23AM by LeAlbertP https://ift.tt/8TFXQwZ
