Advanced (US track) · Lesson 4
Taxes, Dividends, Currency Hedging and Big Tech
After this lesson you will
- · Subtract the three layers of foreign-asset cost (trading cost, tax, currency exchange cost) from your results using the amounts you confirmed in your own account.
- · Write down why the displayed dividend differs from the amount actually received, and calculate the ratio of the received amount to the displayed one.
- · Decide whether to take the exchange-rate movement as it is or reduce it, and write the decision in your records.
- · Write asset profit and loss and exchange-rate profit and loss separately, and check which one worked.
- · Check whether your holdings overlap with the top companies of the index and explain the concentration risk.
- · Explain why tax rates and rules are treated only as verifiable facts.
This lesson opens for Standard and above subscribers
What you will learn is listed above. The beginner course is fully available with just a sign-in, no subscription.
What this lesson covers
- 1. Here Too, Your Results Are the Value After Subtracting
- 2. A Dividend Is Not the Amount Shown
- 3. Deciding the Exchange Rate and Recording It
- 4. Concentration in a Few Large Companies
- 5. The Nature of Assets With High Growth Expectations
- 6. Institutions Change
- 7. What This Track Said
- 8. Where Standards Diverge
- 9. How to Check Without Calculating
- 10. Where This Whole Course Returns
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