NYSE vs Tokyo exchange
Hi guys,
If I were to invest into a Japanese company, is there any benefit at all towards investing into the Tokyo exchange instead of the New York one if the company is listed under both?
I am just wondering since I can't seem to buy from the Tokyo exchange in Questrade, but want to know whether it will be worth it to open another account with Interactive Brokers or something.
Also, if the Japanese company has dividends, under what circumstances would it be wise to still invest in a TFSA? I know there is a withholding tax on dividends (20% or 15%).
Currently I only have a TFSA so I was just going to have everything under one account for simplicity's sake.
If I were to invest into a Japanese company, is there any benefit at all towards investing into the Tokyo exchange instead of the New York one if the company is listed under both?
I am just wondering since I can't seem to buy from the Tokyo exchange in Questrade, but want to know whether it will be worth it to open another account with Interactive Brokers or something.
Also, if the Japanese company has dividends, under what circumstances would it be wise to still invest in a TFSA? I know there is a withholding tax on dividends (20% or 15%).
Currently I only have a TFSA so I was just going to have everything under one account for simplicity's sake.