Really? didn't we discuss a Swedish ETF here several years ago? Or am I misremembering. You are quite correct (there is bitcoin tracker one XBT provider, trading in SEK) but I think that there is a fine line between ETN (such as XBT provider) and ETP/ETF. Correct me if I am wrong, but i remember someone saying that Sweden has incredibly low capital gains tax rate in some special investment accounts (like low single digits) and that was the whole idea behind this type of funds (such as XBT provider, because you can keep those in the 'special' accounts). Right? I am not sure how, and don't want to spend too much time investigating. XBT provider is referred to as a "uncollaterized debt instrument". I managed to buy CXBTF in Fidelity, but some days there is no US market for it due to SEC complains about it. I guess, i would have to use foreign exchange desk and pay $50 fee when i would like to sell it. I bought it when btc was 4K or so, so that little tracker had done quite well in Roth, lol. Ah, yes, that must be the "investeringssparkonto", meaning "investment savings account" Yes the tax is really low, but it is a tax you always pay, even when your assets go down. Here's an example from the tax authority, i highlighted the important parts. Example Peter opens an investment savings account during the first quarter of 2020. He pays in SEK 40,000 during the first quarter and then an additional SEK 20,000 during the third quarter. During the year, the value of Peter's assets in the investment savings account increases (in addition to deposits made). Calculation of capital base for investment savings account Value and deposits Amount Value at the beginning of the first quarter (January 1) 0 kronor Value at the beginning of the second quarter (April 1) + SEK 41,000 Value at the beginning of the third quarter (July 1) + SEK 43,000 Value at the beginning of the fourth quarter (October 1) + SEK 65,000 Deposits during the year + SEK 60,000 Sum of value and deposits = SEK 209,000 To obtain the capital base, the sum of value and deposits must be divided by four: SEK 209,000 ÷ 4 = SEK 52,250. The standard income that is pre-filled in Peter's declaration The standard income is calculated by multiplying the capital base by 1.25 percent. The standard income that will be pre-filled in Peter's tax return in 2021 will be SEK 653 (SEK 52,250 x 1.25 percent). The standard income is taxed at 30 percent Since the standard income is taxed at 30 percent in the income category capital, Peter will have to pay SEK 195 in tax on his investment savings account (30 percent of SEK 653). This is 0.375 percent of the capital base (0.375 percent of SEK 52,250).
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Really? didn't we discuss a Swedish ETF here several years ago? Or am I misremembering. You are quite correct (there is bitcoin tracker one XBT provider, trading in SEK) but I think that there is a fine line between ETN (such as XBT provider) and ETP/ETF. Correct me if I am wrong, but i remember someone saying that Sweden has incredibly low capital gains tax rate in some special investment accounts (like low single digits) and that was the whole idea behind this type of funds (such as XBT provider, because you can keep those in the 'special' accounts). Right? I am not sure how, and don't want to spend too much time investigating. XBT provider is referred to as a "uncollaterized debt instrument". I managed to buy CXBTF in Fidelity, but some days there is no US market for it due to SEC complains about it. I guess, i would have to use foreign exchange desk and pay $50 fee when i would like to sell it. I bought it when btc was 4K or so, so that little tracker had done quite well in Roth, lol. Ah, yes, that must be the "investeringssparkonto", meaning "investment savings account" Yes the tax is really low, but it is a tax you always pay, even when your assets go down.
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Really? didn't we discuss a Swedish ETF here several years ago? Or am I misremembering.
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Silk.Road.2021.1080p.Bluray.DTS-HD.MA.5.1.X264-EVOx
Downloading, thanks. what movie is this, related to Bitcoin? I tried to open but it in Korean language It says Language = English GENERAL INFO Genre : Crime, Thriller, Drama Director : Tiller Russell Stars : Jason Clarke, Nick Robinson, Daniel David Stewart, Alexandra Shipp, Paul Walter Hauser Plot : The true story of Ross Ulbricht, the charismatic young tech-mastermind who unleashed the darknet website Silk Road, and the corrupt DEA agent determined to bring down his billion-dollar empire. MEDIAINFO Container = Matroska (mkv) Duration = 01:56:44.956 Filesize = 11 GiB Overall bitrate = 13.1 Mb/s ViDEO Codec info = AVC [email protected] | V_MPEG4/ISO/AVC Resolution = 1920x804 Display AR = 2.388 | 2.40:1 Bitrate = Framerate = CFR 23.976 Color space = YUV Chroma subsampling = 4:2:0 Encoder = x264 - core 142 r2479 dd79a61 AUDiO Codec info = AC-3 | A_AC3 Channels = 6 Bitrate = CBR 640 kb/s Samplerate = 48.0 kHz Language = English
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Silk.Road.2021.1080p.Bluray.DTS-HD.MA.5.1.X264-EVOx
Downloading, thanks.
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a little OT: Do you think the crypto ban in india will effect the price or is it already in the price (so no effect at all)?
I think the crypto market in India is too small to have an impact, besides the Indians don't really give a shit, they do their thing regardless of government regulations.
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You should be ignoring Twitter entirely. It only decreases your IQ.
Exactly. Same can be said for Instagram, Facebook, Reddit, Youtube, etc. I disagree on Youtube and other video platforms. There are some really good tutorials on them. I for example learned how to do coloured smoke flares (melt crayons and ad to the mix).
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I was looking through one of my old collections of downloaded images and I found this gem. I'll dedicate it to Mindrust. At least he is still active on the forum, trying to re-build his stash from scratch. But You will probably never see him again here on the WO. We can't judge, what we cannot understand. Thats not true, I don't understand people who wear shoes like this, but I judge them anyway.
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excuse me for a momentary distraction...had to look and report back. Stooooonks...Tilrayyyyy nutso
I have no idea what that means. right, you are not familiar with US capital markets, hence it s not relevant to you. stocks are called 'stonks' in popular lingo (in US). Tilray is a canadian pot company that happened to be up from $7 to $55 in the last couple of mo and it was up 55% in premarket today. Easy money so far, maybe less going forward. Thanks, stonks I knew, Tilray not.
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excuse me for a momentary distraction...had to look and report back. Stooooonks...Tilrayyyyy nutso
I have no idea what that means.
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My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money bitcoin on your car.
I guess you meant bitcoin? FTFY 😉 Are you saying bitcoin isn't money?
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I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Wow, 4 BTC? What kind of car do you have? My car is worth way under 1 BTC... My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car. Let me guess: is it a Volvo? Yes! A Volvo 940 automatic -92, you wanna see a picture?
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I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Wow, 4 BTC? What kind of car do you have? My car is worth way under 1 BTC... My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.
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That was a good one, bookmarked.
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I like throat singing, actually there are some evidence it was practiced by the old Norse.
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And a super nice pump while I was sleeping, najs!!!
Just a thought in the morning. The nice thing with having money is not to have to worry. It's not being able to buy nice things and stuff, although that is nice too, but it is knowing that you don't have to worry if your car breaks down, or your pet gets sick, and knowing that you can buy that new wallet when you see it, instead of having to wait for the next paycheck, and not having to buy the cheapest generic food items because you are out of money for the month. Just my 25 öre in the morning
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