What the Investment Industry Is Lying to You About!

What's the capital gains tax rate in your country?

Great video. As a long term holder and trader we don’t care much about current price. As a trader looking to buy when oversold and sell when overbought, the weekly and 2 week charts are showing us we’re oversold and it’s a great time to buy more. Price on 2 wk bouncing off a rising 20 MA. Price on weekly chart is bouncing off a rising 40 Ma. The stochastic RSI on both charts is way oversold. Translation, great time to buy. Thx again for the different ways/ perspectives/ lenses to look at BTC’s potential. BTC is the ultimate disruptor.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

I am 38 y old and I was living from paycheck to paycheck. So I have started investing from 0 eurs, now I am about 35k, it is going slow, but the more I have the more I want to save and invest. Some months I can contribute 1000 euros, some none. But hey that is life, it is never too late learning to invest smart. Cheers❤

DO YOU WANT TO LEARN HOW TO INVEST SUCCESSFULLY? www.mentalmodelsmentoring.com/

In Czechia we have 0% tax on stocks(etfs) if you hold them at least 3 years. 15% tax on dividends.

I learned from this video. The human lifespan is too short.

In Hungary you have to "lock up" your insvestment account for 6 years (you can trade on the account but you cannot withdraw a penny), then you get 0% tax. It is a great way for long-term investment

I am 44 years old and I currently have €3 million invested in a Vanguard global ETF. I withdraw 3% per annum (€90,000), adjusted for inflation each year. Hopefully this will last forever, but if the market crashes I have 4 years cash available.

Belgium, no capital gains tax, but 30% withholding tax on dividends. Logic dictates to avoid income investing.

I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

Great video. People often miss those important points when calculating returns from compounding. Thanks a lot!

You just showed the worst case scenario for taxes. Realistically why would you liquidate all your assets at once? Not only it is a bad tax decision but you would also stop the compound effect. If you are smart and only sell a small percentage each year (4% rule rings a bell?) you can tax it as income at a much lower tax rate.

thank you! I have been waiting for someone to precisely clarify this.

Great video, finally someone point that out!

One lesson is to consult with a tax attorney and financial advisor. Their expertise will pay for itself 100,000 times over.

I live in Hungary, capital gains tax was 15% for a long time. Since the frozen EU funds for Hungary, the government increased it to 28% and they push their bonds in media harder than ever. We fortunately have a government-supported trading account type called Long-term Investment Contract which lasts for 5 years and your investments are tax-free. It isn't very easy, because you can only deposit money in the first year, so you run 5 accounts simultaneously and have to sell your investments and rebuy them every year, but at least it's tax-free. Also, investing in Hungary is insanely rare. Many people hold their money in cash or just on bank accounts with 0% interest. I liked the video, thank you! Finally a EU based English speaking finance channel I found!

thank you for the research and example. i would be very interested to hear about taxes in europe, when you hold etf, stocks, which brokers to use, ets:)

Totally agree. Still it is a fantastic way of saving compared with anything only having stomach. I already adjust the contribution as salary increases every year.

One wouldn't normally sell all of their portfolio at once when they reach retirement age, so the largest part of their portfolio would remain in the market for a longer time and taxes are only taken on the part one sells

In the US, if the investor opens a retirement account called a ROTH IRA, they pay tax on the money they initially put into the account but then all capital gains are tax free. They do pay a withdrawal fee if they want to withdraw money from the account before retirement age of 59 1/2. The other IRA pays taxes at the time of withdrawal and does tax the capital gains. If the investor invests in their own private brokerage account and they buy stock and sell it within a 1-year period, then they will pay the highest capital gains tax. If they hold the stock for over a year though, then they pay a lesser capital gains tax which is based on their income. If they make less then 46k per year then they pay 0% tax, and if they make between 46k and 78k they pay 15% capital gains tax. and it increases the more the investor earns, but of course there are other ways to reduce the taxes and capital gains earned.