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In some countries (like Switzerland) you don't have any capital gain tax __unless_ you are a professional investor. What makes you a professional investor? One
by marcyb5st 4mo ago
In some countries (like Switzerland) you don't have any capital gain tax __unless_ you are a professional investor. What makes you a professional investor? One of the things that can elevate you to that status is the amount of trades you make.
So I am sure this is not viable for many people as buying an ETF counts like 1 trade, but investing the same money in the underlying assets count like 10s of trades.
- coliveira 4mo agoUnless you have huge amount of money to play, there is no need to buy dozens of stocks every month. If you already have a portfolio of several stocks, you can buy just one or two every month and increase your portfolio. If you are just starting, you can buy a few more, or decide to start just with the most boring and safe stocks like coca-cola or IBM.