RE: Revaluating Your Upside
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"Well, we don't get access to this as retail investors, and you'd have to go through a brokerage and pay fat fees for doing so and even then, you'd need to come in with a considerable amount of capital."
This is one of most common way to invest beside stocks in Sweden. Get 5-10% and invest a least 100 USD. So here it is a good way. Specially when the creditloss is extremly low because the gouverment helps to bring in unpaid money.
But - I do not have anything in P2P anyway. (If Celsius is not counted)
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Well I’m sure if you’re buying local debt there’s a healthy amount of tranches you can pick out that have a decent interest rate return and majority of the people have income/savings to service it! I don’t see Swedes as very wreckless lenders for the most part and with Government backing I can see the Swedish credit market to be a good place to secure good interest
Possibly another place to look would be Denmark and Norway a few safe bets in those counties too! Buy the debt!
Just not sure how the tax works on gains from these products and if it’s worthwhile investing based on what the government would take from you
Yes I agree. With a medium creditloss at 1-2 % it is still good.
Tax - as usual we have to pay 30% at winning money.
So if I get 100 USD in interest I keep 70.
In that way it is better with stocks. We have a good tax-rule buying stocks or certificate. Pay 0,8 % of the amount you holding every year - loss or win - it doesnt matter.
So if I have stocks for 1000 USD and it goes up to 1100 I pay 0,8% of 1100 in tax. That is better than this 30 % as mention above.
That's pretty strange I wonder why they have rules like that to push people into more speculative investing. Is the Swedish stock market been pumping too?