Maverick154
Well-Known Member
- Joined
- Apr 12, 2009
- Messages
- 395
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- 21
Hi.
What are your opinions on investing in a TFSA at say Old Mutual (using one of their unit trusts as the underlying investment) vs investing directly in Coronation Industrial Fund and being taxed on gains?
Lets say the rate of tax is 28% (just to avoid going into an Endowment discussion), I just want to know if it is worth investing in a TFSA at someone like Old Mutual where their funds are not really on par with Coronation for example, versus just investing at much higher returns but being taxed?
So what I am actually asking is if someone can help with a calculation to sort of figure this out?
Thanks
What are your opinions on investing in a TFSA at say Old Mutual (using one of their unit trusts as the underlying investment) vs investing directly in Coronation Industrial Fund and being taxed on gains?
Lets say the rate of tax is 28% (just to avoid going into an Endowment discussion), I just want to know if it is worth investing in a TFSA at someone like Old Mutual where their funds are not really on par with Coronation for example, versus just investing at much higher returns but being taxed?
So what I am actually asking is if someone can help with a calculation to sort of figure this out?
Thanks