Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.
103% up on NIO. 1500 shares.
The taxman is coming for your CGT gains !
Wow you guys are investing at 10s of k per trade ?? I am up 300% but going long on NIO with just a grand
I know, awful news! Need to get 20k of profit out and into an ISA
Ouch! Shame you didn't trade within your ISA wrapper.
Anyone still holding RR?
Can't use NIO in an ISA sadly.
Built my positions in 5-10ks. Not all in one go. NIO is my big long term hold.
Spread my other funds out across 6 other stocks.
Is this your job or side hustle ?
Yeah, long term for me, same with IAG..
Just made my first $0.73 on 212 NIO. Looking forward to follow good advice in this thread. Time to splash out on chocolate oaties!
Bit of both, lumped all my money in here after paying off my mortgage etc and seeing what i come out wiht in 12 months time!
Been at it 10 weeks and 30k+up, most of that is closing deals and building the NIO position though. I want 2000 shares. Hoping for a sell off that drops it down to 40 per share then ill buy 500 more sdhares and leave them for 18 months.
If RR dips another 10% i'll get in there too
Did you buy it as a CFD? As I thought CFDs are exempt from capital gains tax also, since like spreads they are basically betting.
CFDs are taxable.
I dont use CFD/Leveraging, just buy/sell what i can afford. I'm not that much of a gambler!
I've also got into it since July and up a bit but almost all my money is in mutual funds which are long holds, thr small amounts in shares are in a taxable brokerage so hesitant to liquidate positions.
Also in the US, you pay lower tax if asset is held longer than 1 year
Lower tax sounds good to me. We get about 13k tax free, then 10% upto 45k and then 20% above of anything exrea above 45k.
We can also have a shares/investment ISA which can put 20k a year into and any profit from that 20k is tax free but not all companies are eligible (like NIO)
Anyone know a good way to invest into the ASX as a UK citizen?
Doh, just realised why I couldn't find NIO on 212, I've been looking in my ISA account
Gutted when i found out i couldnt too
Li Auto up 30% in pre-market with earnings report being released a few hours ago and whilst they beat expectations they hardly smashed them. But that's 2 of the three who have posted had a huge jump. Nio are releasing next week, it seems to me if they meet expectations (and why wouldn't they?) they'll have an equally good turn.
Still seems a buy to me, albeit it's huge huge huge huge hype so it's a bet.
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