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re: XOM or RDS-A

Posted on 1/16/16 at 10:53 am to
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 1/16/16 at 10:53 am to
Correct. I have read though that depending on the sitaution it may be tough to receive your full foreign tax write off with A class shares. I think its just smarter to stick with B unless you really know what you're doing.
Posted by BayouSizzle
New Orleans
Member since Jan 2016
316 posts
Posted on 1/16/16 at 10:55 am to
quote:

RDS-A has the dividend tax withheld. This is the second time recently you've attempted to spread this misinformation. Please stop.


Apologies, I mistakenly flipped B and A. I posted at beer #6 while changing Pandora stations.

"...attempted to spread this misinformation" (a bit too serious here, my man...relax...no harm intended).
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 1/16/16 at 11:00 am to
quote:

you really know what you're doing.


And your accountant really knows what they are doing. A bad accountant can ruin a good investment in a stock like (aka foreign company that pays dividends) RDS.
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 1/16/16 at 11:13 am to
Bayou, its fine. It's just the second thread I've seen you say this. I corrected it in the other thread, and then saw you still say it here. The problem is there are a lot of novice investors on this board that are trying to learn and will take incorrect information as true. And use it to make investment decisions. I just think it's important that people give accurate information when they make posts with such confidence.
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