Sounds exhausting, then you always have to somehow gather fund or certificate losses to avoid paying taxes🤔
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@Woddicks is not stressful - the tax-free allowance as a married couple solves the tax issue. And: I am happy to pay tax on everything that is above the tax-free amount. So what 🤷🏻♂️ don't complain and invest. I plan to receive a monthly dividend of €400 from 2024 - yes, I'll have to pay tax then too 🤷🏻♂️
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@Leuchtturm I also wonder what's so bad about paying taxes. Of course it doesn't have to be more than necessary. It just quickly becomes more and more cash flow.
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•@KevinC Well, you can't reinvest taxes paid, the money is simply gone... And if things don't go so well, you don't see anything from the state because you can't take the tax-free amount with you^^ But to each his own, I somehow assumed that it would be more logical to make a precision landing on the 1000€ and that everyone would handle it that way^^
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•@Woddicks Your answer makes me doubt whether you have understood what permanent passive income means. What do I want in addition to my pension with 1000/2000 per year (166 per month for married couples). Not every family invests its income in rented property. It's definitely better to save on taxes. ✊🏻 My way is a good one and the right one for me. As I'm retiring in a few years and don't want to drastically reduce my standard of living, I'm making provisions. There are many options - this path is one of many 🤷🏻♂️ I'm looking forward to being able to buy new shares again with the January dividends (reinvestment coupled with the compound interest effect) 😉
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•@Woddicks just because everyone is jumping off the bridge or investing in Tesla - are you doing the same?!?? You know what I mean?!? My money - my responsibility 😳🤷🏻♂️
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•@Woddicks when I look at your portfolio and cross-read your idea in the text, there is something wrong with it (asset accumulation). If you want an idea for optimization, leave a message. After all, this is a community ✊🏻👍🏻
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I'm sorry that you took my comment as a personal attack, I certainly didn't mean it that way, I was just wondering why you pay tax on profits instead of taking advantage of the tax deferral effect and only paying the tax at the time of payment (pension in your case)... But since you remain below the tax-free amount anyway, the issue is over for me XD
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I would still be interested to know where you found a worm, or what surprised you?
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@Woddicks huhu - no in God's will - it's always difficult to find the right answers via text. No personal attack - not to be read like that either: offer we smoke a peace pipe 🤣
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I often get the impression in the community that people prefer not to make a return before paying taxes. I am happy to pay tax on profits and income, as it means I have relevant income. 😁 In my opinion, it is legitimate to accept the opportunity cost of paying tax on income that is immediately available. In the case of a home loan, the additional costs due to interest are also accepted in order not to build at the age of 57. 😉
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