Investing in stocks to “play with” anticipated taxes from funds

Tsumitate Wrestler
Veteran
Posts: 633
Joined: Wed Oct 04, 2023 1:06 pm

Re: Investing in stocks to “play with” anticipated taxes from funds

Post by Tsumitate Wrestler »

If you want to gamble instead, put 99% in index funds, and save the 1% for prediction markets.

https://ja.wikipedia.org/wiki/%E4%BA%88 ... 2%E5%A0%B4
User avatar
adamu
Sensei
Posts: 2341
Joined: Wed Aug 02, 2017 11:43 pm
Location: Fukuoka
Contact:

Re: Investing in stocks to “play with” anticipated taxes from funds

Post by adamu »

smalldog wrote: Sun Sep 01, 2024 12:06 pm
He is hoping to have to pay a lot more tax with his strategy. He hopes to hit a moonshot and find a ten or hundred bagger, outside of his index funds. This will obviously incur a higher CGT liability.
Thanks deep blue - a very eloquent summary of my thinking here.
Point is, it's not about tax at all. It's just a question of having money and deciding what to do with it, given that NISA is full.

You can invest in the market, or you can hope you're on the winning side of a zero sum game (minus fees).
Post Reply