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Comment by fauigerzigerk

I have two tips to share:

1) Learn some accounting first. I see a ton of truly weird debates about economics and taxes that are based completely false ideas of basic accounting concepts.

2) If you use DEGIRO as a broker, make sure you understand the tax implications of their cash handling. They keep customer "cash" in a money market fund, not in a bank account. This is especially relevant if you hold foreign currency in your account. It's also relevant if the amount of disposals in each tax year has consequences for your tax return (such as the £45000 threshold for submitting a CGT return in the UK).

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