How does taxes etc work? You cant just keep the money you make can you?

*all the money

different depending on state/cunt/personal wealth etc

you get taxed on capital gains

if you lose money you can actually write it off

 

and if youre in singapore none of that shit matters in the slightest

I need to pay capital gain tax. How to do it I am not sure yet.

dont worry about it till tax season

youre broker will likely send you the necessary forms

just do make sure you have some liquidity to pay it when the time comes

also

had to dig around to remember where i put this

but heres some reading material that may or may not interest you

https://drive.google.com/drive/folders/1rq9DS_rEFIy8JrEeiDDqRhrviAy0Nnqj

 

i know, i know

but its got a bunch of books and theyre F R E E

a lot are based around a more active trading style, but theres def some good ones in there that everyone should read imo

Thnx bernd. I am now subscribed on wallstreet bets from plebdit. Also hopefully will finish finally that Hull book. I am also interested in strategies described in efficiently inefficient markets.

I am planning to gamble by buying a tiny amount of ETF (iShares American tech stocks). But I do expect another dot com bubble.

np bud

but if youre gonna go the memestock route with wsb, id recommend /smg/ over on 4/biz/

jannies b& my whole IP range so i havent been in years and proxy with jewgle captcha is intolerable, but it was unironically a pretty fun thread. and shitposting aside, there were quite a few dudes who actually knew their shit

thats where i got that google drive

 

try "a random walk down wallstreet"

idk if its in that drive tho. check libgen.is

but its all about applying the random walk theory to the market

super interesting

 

i expect a fuck huge market-wide credit crunch tbh

post dodd frank, it seems that banks, rather than lending to retarded home-buyers who will never pay back, decided instead to lend to retarded corporations who will never pay back

such cases

Memeinvested in tesla. Now suffer losses.

Anyway let me post my retarded portfolio so I will be able to remember in future.

1 tesla is $475? garch

That doesnt look good, atleast you havent spend much, also i bet tesla will go up in the future.

Space-X is not on the stock exchange is it? Would be a good thing to buy i think.

Yes actually it was kinda dumb since I just asked market price so got the shittiest deal and bought for 502. I also wanted to test theory that when I invest in something it goes down.

And it works again :DDDD.

 

Tesla is overvalued it is just when bubble pops. Also space x is private unfortunatelly.

Kek, I picked the wrong day to enter the market. Everything is falling down. It will take time to recover.

Yep now its time to buy buy buy

wtf?

catastrophic collapses are the best time to enter the market tho

Seriously considering investing in buttcoin's downturn but kinda hesitant at the moment, since the markets are pinging around too much.

Yeah, but I entered on pike.

I wonder if it actually recovers. I think I will wait till the battery day and then maybe sell if nothing much habbens.

Shii.. dude. Polish biznez tier, hope it recovers too.

This. you could have made a few thousand bucks easily if you entered the market in mid march. Everything was crashing. And like 2 weeks later back to normal more or less.

Also if your "lucky" we gonna get a second quarantine soon and then its going to crash again. Infection numbers in france are now on all time high.

Be hesitant when everyone is greedy, be greedy when everyone else is hesitant.

I have 120€ extra this month after budgeting for everything, fuckall idea what I should buy with it.

 

Does Bernd have ideas?

 

My mother taught me to not spend money just for spendingings sake, but I put already 450€ into savings this month and that is more than enough.

Invest a portion of it

No idea how.

Literally me. Sold for 350 btw.