It’s December again and time to pay up the Irish Capital Gains taxes (if you are an Irish tax resident) for the first period of 2021. If you need more info about it, look at citizensiformation.ie. I have just calculated my due capital gains this weekend and I thought to share some of my tips. I’m not a tax professional, so as always feel free to double check any advice on this blog....
There is no doubt that stocks can be a great investment. Compared to other asset classes they are pretty easy to acquire, there is no need for tens of thousands of euros for a downpayment, they don’t require debt and are very passive. They give us an opportunity to be invested in businesses without having to create those businesses. Last ten years were great for the stock market, even the coronavirus crisis didn’t depress the market for long....
Investing in Ireland is hard! I’ve been diving into the topics of investments for Irish residents for quite a while and even though I wished that everything was as simple as in USA, there are some good options here in Ireland. The fact that things are harder, doesn’t mean that you should give up. But you need to do your research. I’m starting this blog, because I’ve been struggling and learning for last couple years and I want to share and continue sharing with you what I’m learning....