Online Brokerage Recommendations

(Dan Ravelle) #1

Hello bonjour everyone!

I’ve been following the FIRE (Financial Independence Retire Early) movement that has been rapidly growing in North America and I’ve been an active practitioner of this sub-culture’s investment strategies. Most notably, investing in dividend-paying index funds (such as Vanguard Total Stock Market ETF which tracks the whole market and pays a dividend while doing so).

I was wondering if anyone has any experience with the following in France:

- Online brokerage(s): Are there popular discount online brokerages? (Something similar to US and Canada there is Questrade, Etrade etc.)

- Tax treatment of dividends: At what rate are dividends taxed in France? Is it just added to your annual income and therefore subject to your overall income tax?

-Social Charges: Are dividends subject to social charges?

I have a feeling that this investment strategy might not be favorable/doable in France but I hope otherwise!

Thanks to anyone with any insights.

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(James Higginson) #2

Hi @Dan_Ravelle

I suggest you get in touch with @Brian_Furzer he’s helped out many SF members over the years, I’m sure he’ll be able to give you some pointers at the very least.

(Dan Ravelle) #3

@james ok, roger that. I’ll check out @Brian_Furzer … cheers!

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