Yes. In both cases you invest 7k every year which is flawed. Either you invest 7k in 3a and less outside of it, or 7k outside of it and 7k in 3a + something outside of it. The something depends on whatever marginal tax rate you used for your investment.
In essence, when you invest in 3a you invest 7k at a net cost of 5-6k. Or alternatively you can invest 8-9k at a net cost of 7k.
This has been discussed multiple times in this forum tbf. If one invests both in 3a and outside of it in both bitcoin and something that returns dividends then it’s better to try and maximize the amount of crypto outside of 3a if possible but this is all dependent on the portfolio one chooses. If one is 100% bitcoin for example then ofc the 3a still makes sense, even if for other more normal “strategies” it is suboptimal
You’re right, but I also left out another important factor that speaks against investing BTC in 3a, the management fees and the product fees for IBIT, which seems to be 0.04% at VIAC as posted by Stojano.
I’ll see if I find some time to make a more sophisticated spreadsheet.
Additional fees (over the “all-in” base fee) for IBIT at VIAC or Finpension are 0.25%. Stojano’s numbers are the fees incurred for the total VIAC portfolio, which includes 95% CHF at no fees.
Thanks for the link to the table of withdrawal tax rates by canton.
Living in VD which is often considered as closer to a tax hell than a tax heaven, I was really surprised to see Zurich and Ticino so high, more than twice higher than the canton in third position.
In any other canton than ZH and TI, the withdrawal is less than 1.5 million and case 1 becomes more favorable.
So, as usual for anything related to tax in Switzerland, canton matters and generalization is difficult !
I usually don’t trade since few years back mostly with forex and commodity CFDs. For the last 30 days I tried with BTC futures on Binance (sub 0.1 btc, max 5x).
Well, I now know again why I turned in just buy and hodl btc guy.
Too much stress!
My observations:
I’m 20% plus, but it’s psycho. I feel I have to be on charts all the time (even my liquidation price w/o any stoploss is 18k below the price now)
Constantly, I was overleveredged. Any little dump I added, aginst “my strategy” and self imposed limits. In order to keep the margin I added fresh capital (=btc)
I took the profits to early, but drove the losses by adding to it (which led to former point)
I feel I make always the same mistakes. I had no positive learning loop.
I only long (coz I cannot be liquidated as my btc stack is much bigger as I can loose leveredged. short’s losses are infinite).
Conclusion:
too much stress
I’ll keep i running max. 3x with a tiny amount of my holdings with liq price of 26k. Not much return to expect but…
I may feel a bit like Saylor
PS. On Monday Hong Kong will allow trading BTC (and ETH) ETFs and legally give the Chinese access to BTC. Probably nothing…
PPS. Halving aka halvening is in 6 days.
I deposit on Bybit for the first time two weeks ago a little amount (around 1k) just to experiment the leverage on Perpetuals. I took a ETH long x6. I understand this weekend than it’s a dangerous game … Just buy and hold spot.
Wait, here too? Folks, -10% from ATH for BTC is a blip. We can’t have breakthrough records and then a small retracement and everytime that happens feel like we are bleeding money out. You have to have more conviction on your bets (or stop doing them altogether), especially if you place them on Bitcoin, individual stocks or leveraged assets.
Eh yes. I think that’s clear. I would also expect 40-50k. Am I not allowed to show feelings? That’s what this forum and community are for. Or maybe not. And ultimately it was a question of where your bet was going in the short term. Whoever looked at the course last high didn’t notice much either. No offence
One BTC, 27M by 2050? Lolz. So I need to buy 0.1 BTC, hodl it and call it a day for my retirment? Thats convenient. Why the heck do you guys here aim for large savings percentages if something like saving 5% once and hodling it suffices to retire 30 years down the line? Are you all masochists that like to over-save and accumulate?
By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, tu confirmes avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/
Durch das Lesen und die Teilnahme an diesem Forum bestätigst du, dass du den auf http://www.mustachianpost.com/de/ dargestellten Haftungsausschluss gelesen hast und damit einverstanden bist.
… Just buy and hold spot.
No offence
