I'm considering to diversify my portfolio by adding some traditional options such as stocks. As an EU citizen, investing in US companies, such as MS or Nvidia, will be subjected to withholding tax, which isn't something I want.
There is no withholding tax for EU investors investing in EU companies.
So, I'm now more interested in dividends rather than buying stocks at a lower price and selling at a higher price. I prefer the passive income in this context.
If the stock price grows, I may or may not sell depending on a lot of things. But for the next year's (at least 10 years), I'm interested in dividends.
So, what do you think about Shell as an investment options?
Of course, you can recommend me other EU companies to invest in (assuming they pay good dividends in terms of percentage).
Thanks.