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/biz/ - Business & Finance

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14042235 No.14042235 [Reply] [Original]

How do I invest $20 into Vanguard monthly as a europoor so I don't get raped with fees since I am investing so little?

>> No.14042245

imagine the smell

>> No.14042356

>>14042245
cool bro

>> No.14042375

Fuck I am jelly of this guy.

>> No.14042379

You are unironically better off putting money into your own business ventures. I felt like a giant loser when I made my first deposit.

>> No.14042386

>>14042379
I do that already but I wanted to do that as well.. is it really useless with only $20 a month?

>> No.14042441

>>14042386
I dont know what euro laws but I the states you cant take out gains without being taxed. But it really is a decision of how much you trust yourself.

Again I had the nastiest gut feeling in my stomach when I did it.

>> No.14042467

>>14042235
since most broker have fees you safe up untill 500/1000 and then do your ETF saving.

>> No.14042476

>>14042235
BRAAAAAAAAAAP!

>> No.14042479

>>14042441
depending on the state.
in germany you have 800€ which are tax free capital gains per year.
every € above, will be taxed with 25%.

>> No.14042527

>>14042479
Holy shit. Here its the first 20000 free and a tax rate of like 1.6% for anything over that.

>> No.14042554

So basically if I put in $20 a month, never cashout, I still have to pay taxes? What the fuck?

I am from Czech Rep if it helps