• NorthernTrader : Someone needs to understand taxes. That is not how it works.

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• Stugots : I agree with him. I’m thinking about doing the same thing. Can you explain how taxation works

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• Stugots NorthernTrader : Fill me in how it works
  Very much appreciate it
  I’m kinda new to this shit
  30% taxes is quite a large sum

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• AndreaC OP NorthernTrader : I successfully implemented and backtested a strategy to avoid the 30% U.S. dividend withholding tax by selling stocks before the ex-dividend date. This approach prevents taxable dividend payouts while allowing me to repurchase shares at a lower price after the ex-date, leveraging typical price adjustments. Living in Singapore, where capital gains are not taxed, I maximize returns without additional tax burdens. This method has proven highly effective, saving significant amounts of money and increasing overall returns by approximately 30% per stock. It showcases a strategic way to optimize investments in a tax-efficient manner.We have tested this strategy from the very beginning, and it has delivered fantastic results up to now. So far, the strategy continues to work effectively.

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• THIS IS DE 2ND BEST : not really leh,
  Let’s say I invest 100k,
  I get 10% which is 10k,
  Tax 30% from 10k is 3k,
  Which is 3%
  Exdate lock down the entitlement
  Distribution date will bring down the price,
  3% movement is very small for stocks like MSTY,
  Not worth it to do such trade

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• Ganesh P : but didn't they have a stellar performance to last time? yet 4.7?

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• ColinChristmas : more like 5.27 based on current math

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• Tazzin : I'm also waiting to see if that will happen haha

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• 151244563 OP Tazzin : It's happening it did reached 30 today , next week, I expect high movement  because of the dividend, I sell today, 30 $ .

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• Tazzin 151244563 OP : Oh yeah, it did, nice! The dividend doesn't come until 20th this month though, I think that's the ex date. Could it possibly go higher? I'm kinda waiting to see haha, if it does I might sell also and rebuy on the ex date

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• 151244563 OP Tazzin : in my opinion I think until 20th this month the price will be between 27 to 29 , but MicroStrategy Q3 results may lead MSTY to trading lower, I think MSTY support price is 27.30 and the resistance is 30 for the next week, Just personal opinion.

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• Tazzin 151244563 OP : That's very insightful, thanks!

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