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Old 09-09-2007, 05:14 PM
Isura Isura is offline
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Join Date: Aug 2004
Posts: 13,926
Default Re: Best Index Investment Strategy?

[ QUOTE ]

Thanks for this information. Is it correct that as long as you keep the money in the funds you have invested in you will not incur any taxes until you sell the interest in the funds? Or do you receive annual payments for dividends or the like on these funds (I am guessing they just stay in the fund, so no taxes are incurred but not sure).

[/ QUOTE ]

I would double check with the particular fund you're interested in. In Canada, we have a registered retirement account that is not taxed until you withdraw from the fund.
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