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  1. M

    How do you guys invest?

    Oh yes, you are right. I thought those 0.1% rule is like a transaction tax and a capital gains tax based on the individual income tax rate comes on top. But I looked it up now, and you are absolutely right...stocks of the Indonesian stock market 0.1% of the total sales value, and that seems to...
  2. M

    How do you guys invest?

    In my post (#323 in this thread) I mentioned that this is also one option that came to my mind. Could be that some countries use the average price method. But is Indonesia one of them or what does the regulation say? Does anyone know? I mean there must be one official rule since there is also an...
  3. M

    How do you guys invest?

    Yeah, but which trade would be marked in this case under Indonesian tax perspective? In the fictive example, someone buys 1 Tesla stock on 2nd February and pays 200 USD for it. Then the person buys 1 Tesla stock on 2nd July and pays 100 USD for it. When the person sells 1 (not both, only one...
  4. M

    How do you guys invest?

    Does Indonesia also use the FIFO (first in-first out) method when selling stocks by the way? I think this method is applied in most countries. For example: Person XY buys 1 stock of Tesla (or any other stock 🙂) at 200 USD on 2nd February. Person XY buys 1 more stock of Tesla at 100 USD on 2nd...
  5. M

    How do you guys invest?

    Since you wrote about ETFs, there is one further point that came to my mind (since I also asked for information about ETF taxation in Indonesia some weeks ago here on this thread): Maybe talk to a tax consultant or the tax office in Indonesia how distributions from ETFs are taxed in Indonesia...
  6. M

    How do you guys invest?

    I think you already received some good advice here. Maybe one further point to mention regarding choosing your bank/broker: If you receive dividends from companies from the US, it is probably wise to look for a broker that is a Qualified Intermediary. That usually means that they will derive...
  7. M

    How do you guys invest?

    Of course, GameStop and the other meme stocks are only for trading, not investing. Still, it is a casino if you consider the mentality of many people who trade those stocks. Their may be some people who know how to analyze data regarding that and who earn money by trading those stocks but much...
  8. M

    How do you guys invest?

    The stock market is starting to become very irritating again. Since the beginning of January you could have bought the biggest rubbish and still you would have earned money by that. Also stocks like GameStop climbed from 16-17 USD to 23 USD in the past 4-5 weeks. It seems the greed and the ‚it...
  9. M

    How do you guys invest?

    Yes, that could be the reason. Although that could also happen with a KITAP holder. I do not know why some financial institutions distinguish between KITAP/KITAS (KTP/SKTT) holder when deciding whether or not a foreigner is allowed to become one of their customers. Anyway, with traditional...
  10. M

    How do you guys invest?

    Yes, Jenius is quite good. My wife has an account there and she never had trouble. However, I was rejected because I only held a KITAS. They asked for Indonesian KTP. About Seabank: I also heard of them by advertisement and went to their page some months ago. But I read there that you need a...
  11. M

    PLN bill doubled for no feasible reason...

    Is anyone up-to-date regarding solar penals in Indonesia? I talked with my wife about this topic today again. Always when this topic comes up we feel quite sad that it is not used more often in Indonesia and we would like to give it a try if it makes also at least a little sense financially...
  12. M

    How do you guys invest?

    Thank you very much for the information. 🙏 Yeah, actually I find it irritating that a country that is so attractive and beneficial for ETF providers is at the same time that harsh to their own population when it comes to taxation of index funds (41% 😱). I don‘t understand why Ireland is not...
  13. M

    How do you guys invest?

    Thanks for your answer. 🙏 If they regard it as a dividend, then it should be treated as usual income. The rule of 10% on dividends applies only on dividends from Indonesian companies. For Dividends from stock-listed companies from overseas your personal income tax rate is relevant since...
  14. M

    How do you guys invest?

    Has anyone of you experience with ETFs from Ireland as a tax-resident in Indonesia? In the EU I did not have to pay withholding taxes on the distributions received from the ETF. But as far as I know there is no double tax treaty between Ireland and Indonesia. So, I assume Indonesian...
  15. M

    Buying a used car - what is to be considered

    Yes, and it can also make sense to shop around in other areas of Indonesia :) We ordered our car for example in Bali although we live on Lombok. Saved us around 30 million IDR. Even if we consider the costs for the flight to Bali and the ferry costs for taking our car back to Lombok we saved a...
  16. M

    How do you guys invest?

    Yes, and also not helpful (short-term) is that he had to sell a lot of his Tesla shares for the purchase of Twitter.
  17. M

    How do you guys invest?

    Well, putting withholding taxes aside, it seems to be as simple as I described (at least, in the case that I mentioned (Germany)). The broker will not derive taxes automatically anymore (except withholding taxes, as mentioned) and you will have to declare taxes in the country where you are tax...
  18. M

    How do you guys invest?

    What do you mean? If you live in Indonesia but still keep your broker from the EU, why should you be screwed? What I heard about Germany and non-residents for example is the following: There are banks (of course, by far not all, but there are some...) which continue offering their brokerage...
  19. M

    How do you guys invest?

    The basic scenario at the moment, indeed, is that the stock markets will stay volatile for a while. So, yeah, probably, people in trading will have some possibilities. But I believe in what Benjamin Graham wrote and which many statistics have determined in the past centuries: Private investors...
  20. M

    How do you guys invest?

    I think from a psychological perspective dividend strategies are a good thing...because you focus more on fundamental data (dividends, are the dividends safe or in danger, company‘s profits and cashflows etc.) and less on the stock‘s price. Since the stock price can, short-term or even...

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