I live in Ireland, where all investing that’s not into real estate is heavily taxed, and investing into idex fund is taxed extra hard (including tax on unrealized capital gains). So, that option is not for me, but it’s a perfectly sensible option for many. These days I just manage my retirement funds by rebalancing them within the investment house I’m with, based on economic megatrends.
Bruncvik@lemmy.world 1 year ago
I live in Ireland, where all investing that’s not into real estate is heavily taxed, and investing into idex fund is taxed extra hard (including tax on unrealized capital gains). So, that option is not for me, but it’s a perfectly sensible option for many. These days I just manage my retirement funds by rebalancing them within the investment house I’m with, based on economic megatrends.
timbuck2themoon@sh.itjust.works 1 year ago
Ahh very good point. My advice is definitely US centric in that regard.