4D·

Liquidation of the portfolio

TaxesAreTheft · 2025-01-10T19:13:14.549068Z

Meiner eigenen Unaufmerksamkeit oder auch Inkompetenz geschuldet, werde ich die Positionen bis auf Gold und BTC auflösen. Warum? Ich habe erst heute realisiert das diese Besteuerung von nicht realisierten Gewinnen bei ETFs tatsächlich in Kraft tritt. Um die Performance von Info Tech und Verteidigung möglichst konzentriert zu replizieren (Mag 7 will ich eigentlich weiterhin ausschließen und auch die Sparplan Optionen Schränken mich leicht ein) setze ich auf diese Titel (alle werden gleich gewichtet): $ORCL $PANW $PLTR $PH $RTX

Due to my own inattention or incompetence, I will liquidate the positions except for gold and BTC.

Why? I only realized today that this taxation of unrealized gains on ETFs is actually coming into force.

In order to replicate the performance of Info Tech and Defense as closely as possible (I still want to exclude Mag 7 and the savings plan options also limit me slightly), I am betting on these stocks (all are equally weighted):

1Mon·

My ETF portfolio

Only completed this month, so the gains and losses are perhaps a little strange.

$IUIT (+1.44%)

$DFEN (+1.1%)

The Information Tech ETF serves to invest as focused as possible in all the compounders, I would generally prefer the equal weight variant, but unfortunately it is not yet available in Europe as far as I know. The VanEck ETF is intended to protect the portfolio somewhat from geopolitical risks, and the companies are also quite interesting and all have the state as a major customer, either directly or indirectly, which I think is a very good addition. Weighting is around 55% at the beginning and will be rebalanced as soon as the equities exceed the 80-85% threshold. In this way, I hope to take as much upside as possible and leave the equity area largely unhindered.

$IGLN (+0.11%)

The 22% weighting is based on the post from dear @Epi regarding gold.

$DTLA (+1.84%)

$IDTP (+0.6%)

$IBTA (+0.16%)

Like gold, the combination of bonds is intended to take out some volatility and provide an alternative cash position. However, I am considering possibly exchanging the 1-3 year bonds for BTC.

20 Comments

Tenbagger2024@Tenbagger2024

Make pension provision as unattractive as possible. With the risk of poverty in old age and social welfare in old age.

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TaxesAreTheft@TaxesAreTheft

@Tenbagger2024 a real indictment

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Warren@Warren_Abi

@Tenbagger2024 It really is a joke. Investing or saving is made as unattractive as possible. Simply radically allowing a savings account, which serves as a retirement provision and can be sold tax-free, is then too difficult. But pulling a new tax out of your nose for profits that have NOT been realized is..... no longer funny. macabre. malicious. The sum is STILL small, but if you pave the way, then why shouldn't the tax gradually increase? Sad

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TaxesAreTheft@TaxesAreTheft

@Warren_Abi the fucking socialist scum are testing their limits. This will go on and on.

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TaxesAreTheft@TaxesAreTheft

@Tenbagger2024 Robert Habeck wants to tax capital gains even higher so much for making it unattractive

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Tenbagger2024@Tenbagger2024

@TaxesAreTheft
It turns all future pensioners into welfare recipients

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TaxesAreTheft@TaxesAreTheft

@Tenbagger2024 A holding company is becoming increasingly interesting

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Nio@Nio1

@Tenbagger2024 Vote FDP

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Tenbagger2024@Tenbagger2024

@Nio1
We should go into politics ourselves

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Oleg@ScorpionfromBW

You only pay about 30€ per 10000€ volume. I think that's still possible, as it's included in the sale.

And where is the guarantee that Bitcoin and gold won't be taxed soon? With our greedy government or if I were a politician and needed money, that would be the first thing I would put on the agenda

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TaxesAreTheft@TaxesAreTheft

@ScorpionfromBW then they will also be sold, and when shares are taxed I will be gone.

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Julian@MoneyISnotREAL

@TaxesAreTheft Aren't shares already taxed - or have I missed something? 🤣

Capital gains tax + solidarity surcharge + church tax, if applicable, on dividends & realized gains.

The advance lump sum is only for accumulating shares so that the state doesn't have to wait 20 years for the profit - but always gets something out of it.
When you sell (at a profit), the advance lump sum is offset.

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TaxesAreTheft@TaxesAreTheft

@MoneyISnotREAL nope, even for distributing ETFs, as long as the price gain is higher than the distribution. And there is a huge difference between the taxation of unrealized gains and the taxation of sales/dividends so yes you missed something 😂

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Julian@MoneyISnotREAL

@TaxesAreTheft Ah, that's right. You're right about that.

Yes, the advance lump sum is an absolute joke. The main thing is that the state gets a slice of the cake from the profit, even though it's only notional.

The amount of the advance lump sum is not that big, but it's just a matter of principle. 👌
Just looking in vain for a source of income...

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Finanzaristokrat@Finanzaristokrat

Above all, who says that I want to sell an ETF when I'm old? Maybe it's a distributing one and the dividend is enough for me? Are non-distributing ETFs then penalized twice?

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TaxesAreTheft@TaxesAreTheft

@Finanzaristokrat genau

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Oleg@ScorpionfromBW

You do not pay an up-front lump sum for distributing shares. Unless the distribution yield is 0.3% or less

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TaxesAreTheft@TaxesAreTheft

@ScorpionfromBW Really? As I understand it, taxation applies as soon as the price return is higher than the distribution

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Oleg@ScorpionfromBW

@TaxesAreTheft no. It is a fictitious taxation of the potential return. And it does not matter how high the etf has risen in the year. The tax rate is fixed and is set annually
In 2024 it was minimally lower than in 2023

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Oleg@ScorpionfromBW

@TaxesAreTheft and if interest rates are lowered further by the ecb, this tax rate will also be lower. If interest rates rise, it will be correspondingly higher.

I also think this tax is a mess, the problem is that many of us didn't know that this advance lump sum existed because interest rates have been zero for the last few years

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