Short Takes: ETF Taxation and more

1. Preet explains the tax implications of a difference between Vanguard’s ETFs and other ETFs.

2. Big Cajun Man looks at monthly bank fees as an interest charge. He’s not too impressed with a chequing account with a negative 31% interest rate. Viewing bank charges as interest makes sense if the cost of providing the account is essentially nil. If the banks do have real costs, then it makes less sense. The truth is likely somewhere in between.

Comments

  1. MDJSeptember 18, 2009 at 8:12 AM

    Thanks for the link Michael!

    ReplyDelete
  2. Big Cajun ManSeptember 18, 2009 at 12:36 PM

    Thanks for the mention, the cost of running a chequing account surely cannot be $12.95 a month, but since Banks charge it and people pay it (and investors in the Banks get dividends), I guess it's all part of the Circle of Money...

    ReplyDelete
  3. WhereDoesAllMyMoneyGo.comSeptember 19, 2009 at 12:43 PM

    Thanks for the link - have a great weekend!

    ReplyDelete

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