Unfortunately, you have fallen right into the German tax logic trap:
Losses from certificates end up in the "other" pot - and this is strictly separate from shares.
The inconvenient truth:
You can only offset the €8,000 against gains from derivatives. Shares, ETFs or dividends help you exactly zero.
Now for the solution without casino mode:
-Controlled instead of leveraged: if at all, then only very moderately (e.g. bonus or discount certificates or mini-leverage). The aim is not to gamble, but to reduce the pot of losses bit by bit.
Think long-term: You can simply leave the pot and slowly offset it over the years - it does not expire.
-Optional for advanced investors: Options (e.g. covered calls) can also deliver "other profits", but only if you know what you are doing.
Clean separation: Many people do well with 2 portfolios - one for investments, one for "tax clean-up work".
What doesn't work:
Offsetting equity gains, dividends or ETFs - simply doesn't work.
Losses from certificates end up in the "other" pot - and this is strictly separate from shares.
The inconvenient truth:
You can only offset the €8,000 against gains from derivatives. Shares, ETFs or dividends help you exactly zero.
Now for the solution without casino mode:
-Controlled instead of leveraged: if at all, then only very moderately (e.g. bonus or discount certificates or mini-leverage). The aim is not to gamble, but to reduce the pot of losses bit by bit.
Think long-term: You can simply leave the pot and slowly offset it over the years - it does not expire.
-Optional for advanced investors: Options (e.g. covered calls) can also deliver "other profits", but only if you know what you are doing.
Clean separation: Many people do well with 2 portfolios - one for investments, one for "tax clean-up work".
What doesn't work:
Offsetting equity gains, dividends or ETFs - simply doesn't work.
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@KoenigsRasse This is simply wrong, please do some research. Other loss pots can be offset against dividends, among other things
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You are mixing up the old logic with the current legal situation.
Basically, it's true: The "other" pot is broader than the equity pot.
But losses from futures transactions (e.g. knock-outs) have been subject to their own rules since Section 20 (6) EStG and can only be offset to a limited extent.
This is precisely why "simply offsetting with dividends/ETFs" does not work in such cases, as is often assumed.
Basically, it's true: The "other" pot is broader than the equity pot.
But losses from futures transactions (e.g. knock-outs) have been subject to their own rules since Section 20 (6) EStG and can only be offset to a limited extent.
This is precisely why "simply offsetting with dividends/ETFs" does not work in such cases, as is often assumed.
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@KoenigsRasse I think you missed something... it has been deleted without replacement since 2024. You are welcome to read the current version.
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