Posted 9 February A beginner question regarding stocks, ETFs etc. & taxes... What happens if I invest €10k (for example) in 2 different stocks, 1 of them is down €5k at the end of the year and the other is up €5k at the end of the year. Will I pay tax on the €5k winner and the €5k loser is just my hard luck, leaving me down overall after tax? 0 Share this post Link to post Share on other sites
Posted 9 February 42 minutes ago, Eric7 said: A beginner question regarding stocks, ETFs etc. & taxes... What happens if I invest €10k (for example) in 2 different stocks, 1 of them is down €5k at the end of the year and the other is up €5k at the end of the year. Will I pay tax on the €5k winner and the €5k loser is just my hard luck, leaving me down overall after tax? I think I found the answer... https://www.sparkasse.de/aktuelles/aktienverluste-steuerlich-verrechnen.html What was confusing me was this thread from a couple of weeks ago: https://www.toytowngermany.com/forum/topic/392768-distressing-39000€-tax-on-7000€-of-capital-gains/ 0 Share this post Link to post Share on other sites
Posted 9 February 51 minutes ago, Eric7 said: A beginner question regarding stocks, ETFs etc. & taxes... What happens if I invest €10k (for example) in 2 different stocks, 1 of them is down €5k at the end of the year and the other is up €5k at the end of the year. Will I pay tax on the €5k winner and the €5k loser is just my hard luck, leaving me down overall after tax? There is a previous thread on this site that discusses this scenario: https://www.toytowngermany.com/forum/topic/355548-taxes-offsetting-losses-of-individual-stock-shares/ 2 Share this post Link to post Share on other sites
Posted 9 February 19 minutes ago, agathaaa said: There is a previous thread on this site that discusses this scenario: https://www.toytowngermany.com/forum/topic/355548-taxes-offsetting-losses-of-individual-stock-shares/ Cheers. It looks like there are some complications with combining profits and losses from different types of investments. I probably need to have a chat with my accountant... 0 Share this post Link to post Share on other sites
Posted 16 March After some turmoil in the financial sector, the Swiss Central Bank will loan CHF 50 billion to Credit Suisse. Stock markets calm down again. Can’t afford another financial crisis. 0 Share this post Link to post Share on other sites
Posted 16 March This is going to help, but if the ECB pushes up the base rate again, we could well see more financial problems, but I doudt it 0 Share this post Link to post Share on other sites
Posted 22 March On 9.2.2023, 08:07:54, Gambatte said: I have been on Trade Republic for now ca 2yr. I love it. I think I've never paid any fee. Beside, the cash you keep with them, so the money not yet invested, return 2% p.a. Actually I also started with Comdirect, where our Girokonto is. Pity I couldn't move my CD depot to TR because, last time I checked at least, TR didn't have any of those particular ETFs that I would have moved. Perhaps a stupid question. Must we pay 25% tax + soli also on those 2% interest ? Or is this only relevant for interest coming from bank accounts e.g. Tagesgeld ? 0 Share this post Link to post Share on other sites
Posted 22 March This is taxable income. It's exactly the same as a Tagesgeld as far as taxation goes. It is really a Tagesgeld, just not called a Tagesgeld. The 2% is a really nice little bonus from TR. I have moved my rainy day money there now. It's as safe there as with DKB earning half the interest (from April only!). 0 Share this post Link to post Share on other sites
Posted 26 March Some news are saying governments and central banks might shift strategy to handle this potential bank crisis. The idea is to either lower interest rates or to reintroduce QE. Both would tremendously benefit growth stocks, so this might be an excellent opportunity. Right now I'm looking at Global Foundries or TSM. Unsure if I should wait for a dip first, or anticipate a FED decision. On a side note, I've been monitoring a company called Amprius. They announced a solid state battery. This usually means nothing, but in this case it seems they are moving forward with production. I don't see this viable for EVs in the mid term, but there is a huge market for aviation and smartphones, which are OK in paying premium per kWh. I think I'll buy some stock tomorrow, as a minor investment. 1 Share this post Link to post Share on other sites
Posted 27 March 21 hours ago, MikeMelga said: Some news are saying governments and central banks might shift strategy to handle this potential bank crisis. The idea is to either lower interest rates or to reintroduce QE. Wasn't QE the reason why the banks are in crisis? so the solution is more inflation? I see this new QE will be a "non-QE". You can't make this up if you tried. 0 Share this post Link to post Share on other sites
Posted 27 March No, the reason for the crisis is high rates from central banks. The high rates come from a stupid effort to bring inflation down at all costs! TBH I would prefer lowering rates vs QE. QE created inflation, but it's not the only cause. Part comes from savings during Covid (plus spending afterwards), part comes from supply chain disruption, part comes from dismissing employees and then re-hire them at higher salaries. QE itself is probably only responsible for 30-50% of the inflation. 1 Share this post Link to post Share on other sites
Posted 27 March Yep. It hurts the soul because it was 100% foreseeable. They used the equivalent of a proportional controller instead of a PID for their changes in the interest rates. they should have asked my opinion, but noo I also expect a fall and then rapid increase in house prices in 3-4 years as high raw material prices meet inflationated salaries, high demand and nothing new being built, but again no one asks me. 2 Share this post Link to post Share on other sites
Posted 27 March 27 minutes ago, mtbiking said: Yep. It hurts the soul because it was 100% foreseeable. They used the equivalent of a proportional controller instead of a PID for their changes in the interest rates. Too bad 99% of the people can't understand that Electrotechnic Engineering analogy 1 Share this post Link to post Share on other sites
Posted 28 March 17 hours ago, MikeMelga said: No, the reason for the crisis is high rates from central banks. The high rates come from a stupid effort to bring inflation down at all costs! TBH I would prefer lowering rates vs QE. QE created inflation, but it's not the only cause. Part comes from savings during Covid (plus spending afterwards), part comes from supply chain disruption, part comes from dismissing employees and then re-hire them at higher salaries. QE itself is probably only responsible for 30-50% of the inflation. The guy who "invented" QE kind of disagree, he thinks QE was wrongly used and it has more responsibility in what happened: Why central banks are too powerful and have created our inflation crisis – by the banking expert who pioneered quantitative easing But I was referring more to the weak situation the banks are, as explained here: Quantitative Easing Left the Banking System Vulnerable 0 Share this post Link to post Share on other sites
Posted 31 March On 3/26/2023, 5:24:53, MikeMelga said: On a side note, I've been monitoring a company called Amprius. They announced a solid state battery. This usually means nothing, but in this case it seems they are moving forward with production. I don't see this viable for EVs in the mid term, but there is a huge market for aviation and smartphones, which are OK in paying premium per kWh. I think I'll buy some stock tomorrow, as a minor investment. Bought Amprius and GlobalFoundries early this week. Amprius is up 22%, GF 7.5%. I don't expect much with GF, but Amprius might be a good long term bet. 3 Share this post Link to post Share on other sites
Posted 1 April My son talked me into buying some Draft Kings last May. It is up 33.6% since then. As usual, wish I had bought more. 2 Share this post Link to post Share on other sites
Posted 1 April I have been buying banking stocks on the recent collapse of US and European bank failures, sure I was a bit worried, but they have all re bounded and I am a bit up. Just got to decide on my sell price, which is always hard. Guess later this year, maybe next. They have a long way to go to recover fully. Barclays, is showing a very nice little profit, Some of my Airline shares are doing well, they will be sold, in the next couple of months. 1 Share this post Link to post Share on other sites
Posted 1 April #1 rule in my list: never invest in finantial stocks! 2 Share this post Link to post Share on other sites
Posted 2 April 18 hours ago, MikeMelga said: #1 rule in my list: never invest in finantial stocks! That's probably a mistake. E.g. Hercules Capial (HTGC) has beaten Warren Buffets Berkshire Hathaway over almost any time span you look at (on a total return basis) since going public in 2005. 2 Share this post Link to post Share on other sites
