Coronavirus: when do we reach the bottom of the dip?

filing a tax declaration will be a nightmare! every trade, calculating all dividends? jeez…

Or you use a Swiss broker and pay several hundred francs for a tax authority-approved fiscal document. Not moustachian but I do this :blush:

… or you just manually input the dividend amount received this year? Perhaps this is not the same in every canton, but sure enough works in BE.

I am sure this is a stupid question, but do I have to include every trade? Wouldn’t the amount at yearend and the capital income received per position be enough?

@Myfirstme
This is what I did last year. Went through without problems.

1 Like

Starting buying back into VT today :slightly_smiling_face: Only a small amount, will buy more after Q1 earnings are released

2 Likes

You only have to declare the amount on 31 December and the dividend that had been paid. But you neeed a spreadsheet usually if the dividend is paid each three month and in between you keep increasing your position.

2 Likes

Some insights from this article: https://www.vox.com/science-and-health/2020/3/17/21181694/coronavirus-covid-19-lockdowns-end-how-long-months-years

“The hard truth is that it may keep infecting people and causing outbreaks until there’s a vaccine or treatment to stop it”

“I think this idea … that if you close schools and shut restaurants for a couple of weeks, you solve the problem and get back to normal life — that’s not what’s going to happen,”

NIH has started a vaccine trial on humans. This would mean no vaccine at least until the end of the year. https://www.kpwashingtonresearch.org/news-and-events/recent-news/news-2020/kaiser-permanente-launches-coronavirus-vaccine-study-seattle

2 Likes

Yes but I wouldn’t be so pessimistic. In few months we’ll have drugs that will put mortality rates way down, as we won’t need to ventilate so many people.

1 Like

Yes, a treatment would come before a vaccine. If the medicine is already in the market less approval will be needed, otherwise it will take a little more time even through a faster approval process. It would also depend on how is it effective.
Like you said, we are still speaking of a matter of months. How long do you think ?
I would still bet on september/october.

1 Like

Yup, me too. Alternatively, we could shorten this time with more effective epidemilogic infrastructure (tests, contact tracing, etc) - Taiwan is the best example of this.

Doesn’t look too good. They estimate that R is still slightly above 1. Lets hope that the summer will lower that to something that is below 0.9.

1 Like

March 23 is almost 2 weeks ago. Since then the growth of cases is clearly linear (and since March 29 it also holds true for deaths). I wonder if 1000 new cases and 60 deaths per day are already manageable?

1 Like
2 Likes

What is interesting would be the total nr of currently sick people. E.g. If we take 14days then we would need to sum up the reports for the last 14 days. I’m pretty sure this number will raise for quite a bit longer.

In Zurich people in hospital is going down: https://twitter.com/gd_zuerich/status/1246465334334414852?s=09

@glina @bamboo

Thanks!

Still don’t get the spreadsheet though. I put in the amount at year-end and add up all the dividend payments per position. That’s it? (which is not all that simple, because I hold several positions now. And I have a spreadsheet to track them. Just wondering, is my spreadsheet missing some information that I need for the tax declaration)

@bamboo I think “active cases” is not that relevant, as most of them are not even hospitalised.

Interesting, I noticed Worldometers publish the number of tests made (two last columns). Remember how we used to say that South Korea made so many tests? Well, it looks like in Switzerland we have made twice as many test per capita. And excluding microstates, only UAE and Norway made more.

4 Likes