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  1. Hi all,   July is starting to approach now, and I'm still struggling to find any information on my last open query for filing KAP-INV for 2018 (yes, this includes trying to get appointments with Steuerberatern!)   Simply: how do I enter gains for ETFs that I continue to hold, and have bought into during 2018?   More detail: I believe I understand how the taxation works now ( Calculate the gain I "could have made" in a low-risk account from the Basiszins alone (Basisertrag) This includes the monthly contributions I made during the year, based on the whole months they were held ("Im Jahr des Kaufs wird die Vorabpauschale anteilig um 1/12 verringert für jeden vollständigen Monat der dem Kauf voraus ging.") Then, look at the gain made in the funds during the year If the gain is less than the Basisertrag, nothing to pay If the gain is more, Basisertrag and the difference with the fund gain are taxable All of this is fine, and leaves me with a small amount to pay for one fund The problem is; how do I actually enter this on KAP-INV? The language of page two seems to only refer to sales (veräußerung) I understand also Fiktive veräußerung for funds held before 1/1/2018, but this seems to be a separate matter TL;DR I would really appreciate a simple, straightforward explanation of how this simple situation maps to the form; i.e. write the Basisertrag in line x, write the gain in line y   If someone could please help, I would be deeply grateful!   Thanks in advance!        
  2. Hello,   I work in Germany for a few years (and I don't speak German - sorry) and save 10 thousands of Euros in my Comerzbank's account.  Recently, I got contacted by the bank employee to invest the whole money to their mutual fund with low-risk tolerant plant for the next 3 years. The problem is the money is kept in the bank for nothing as I don't get any interest.   I tried to read the proposal and researched about mutual fund and it shows that it cost a lot of money for the first load (like a few percents of total investment) and the cost of maintaining yearly by the fund's manager. In total, I'm not sure it is worth it to invest in the mutual fund as I will need to pay more money and tax from capital gain yearly if they could invest well (if they fail to gain money, I still need to pay the fee).   On the other hand, I read about  Exchange Traded Funds (ETF) and it costs tiny for buying (few Euros/transaction) and I'm not an active trader so I will not sell them until next 3 years. However, the risk is I don't know which ETF to buy for a good profit (5% / year is good enough) and I'm not sure Commerzbank has the online platform to allow me to buy ETF and sell them whenever I want.   Do you have any experience with it? Please share your opinion.  
  3. ETF Sparplan vs. ETF Rentenversicherung

    Hi All   New to site so hello :-)   Just wondering if anyone has experience of setting up a Rentenversicherung in Germany ?   I have an ETF sparplan with Commerzbank but trying to work out the pro's and cons of shifting to a Pension Plan instead (tax advantages/ disadvantages).   (I have heard Alte Leipzige are a pretty decent bunch and offer a useful selection of ETF's.)   Many thanks for inputs. John    
  4. Hi everyone!   I would like to ask you a very simple question: Do I have to pay taxes on dividends that are reinvested automatically into a specific fund/ETF, if I live in Germany?   Here it goes 2 examples - REIT and an Equity ETF. As you can see, both of them accumulate dividends as their distribution policy.   Since I never actually 'touch' the dividends since they are reinvested automatically, do I have to declare them annually on my tax return? Or should I only declare them when I withdraw the amount from the funds?   What if I am investing in these ETFs through a broker in Portugal (where I am originally coming from) and I want to declare that income according to the Portuguese law? Would it be possible to declare income in 2 countries at the same time?
  5. I sold an ETN at an American stock exchange and wanted to buy another one from the proceeds. While the sale was no problem I was told I don´t have trading permission to by that other ETN. So I wanted to at least buy back what I had sold. Same problem - I wasn´t allowed to. When I phoned my broker (lynxbroker) I was told that there was a new EU reglation which bans private persons from purchasing US-ETNs and US-ETFs. I´m struggling to belive this. How can they ban trading of ETFs? Has any of you been able to buy US-ETFs/ETNs recently and if so, which broker did you use?
  6. I'm in my 30s and i would like to start investing so that i can have more financial security in my late 50s early 60s. I spent last few months investigating potential ways to do that and after reading many blogs, several books, consulting with friends and i reached some findings that i would like to share here for further analysis. But before that here are some info about me that you can use to have a better overview where i'm coming from   Some of my prerequisites - I'm an EU citizen - living and renting in Berlin(for about 6 moths) - Married and both of us work - Have no debt - have savings to cover more then 1 year without a job - saving 1/3 of income   Some of my requirements: - long term is probably going to yield positive result - doesn't require ridiculous start of investment like 100k euro - don't mind ups and downs of investment - is as simple as it can be - has a return that can make me as financially independent as possible in my early 60s - don't wont to jump in any debt if not necessary. - doesn't require high amount of management   What i found is that investing in ETFs fits these requirements. Reading further i got an general idea of what products i would like to buy for my portfolio - iShares Core MSCI World UCITS ETF USD: 90% - Shares Core MSCI Emerging Markets IMI UCITS ETF: 10% The portfolio to me seems to reach entire world and the TER is not that high 0.20 and 0.18, and also seems simple to manage, as the time passes I'll start looking into bond ETFs and maybe move there to have a bit smoother retirement ride. Any more advice on portfolio would be very helpful but my brain is already overloaded the last few months so simple products would be the best for me i think :).   BUT all of this in principle sounds nice but it's the operational part where I'm seeing a ton of stuff i still need to find out and that is where i need help and this seemed like a good place to ask some questions. Which Broker should i use: I've read so many reviews and forum posts that I'm getting information overload, so i'm asking for some help here, my needs are that i can get the ETF products that I mentioned i'm interested in(or something else if i get a better advice), that the service is in English(don't care so much about website but people that i can talk to), that is secure and reliable, that it provides me all the necessary documentation for tax purposes. From what i was looking online a lot of people in EU seem to use DEGIRO so i opened an account with them to check them out but i didn't buy anything yet. I summary i would really like recommendation on which i should choose and why Taxes in Germany: This is the part that scares me the most, i don't have a lot of experience with doing tax forms (where i'm from all was done by your company) and i based on everything I read about taxes in Germany it doesn't seem simple so my question is do you recommend getting a professional help for that and if yes do you know any tax company for expats in Berlin. Also from what i was reading is that if a broker is from Germany they will take do the taxes for me but when i was checking the popular German brokers none of them had an english version of the website so i'm not that happy with that. Should i look for financial advisor: do i need a financial advisor for my investment requirements, i would maybe ask for professional help for my investments but only for asking for advice not managing the money     I would be very helpful for an advice on anything that i wrote and i hope that i will be able to help somebody else in the future